Bitcoin remains below $80K – THIS divergence can help BTC’s September breakout

Share

After a nearly 25% weekly surge, Bitcoin peaked near $79k before pulling back below $80k. The Fear & Greed Index dropped more than 9% from the 70 level, creating a divergence between BTC’s high price and declining sentiment. This setup suggests large funds may be manipulating the market to shake out retail traders before a potential move toward $82k. However, ETFs continue buying BTC heavily, supporting spot bids around $80k, which could pave the way for a September rally.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles