Bitcoin lines up RSI showdown as BTC price slips toward new 2-week low

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Bitcoin lines up RSI showdown as BTC price slips toward new 2-week low
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BTC price extends weakness to drop below $26,000 in what is traditionally a red month for BTC price.

took full advantage

Overall, BTC/USD lost 11.2% last month, and looking ahead to September, there was little optimism regarding a rebound among market observers., popular trader and analyst Rekt Capital delineated Bitcoin’s potential next steps. A cluster of exponential moving averages , previously acting as support, were also now flipping to resistance.

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