Express

Bitcoin Defends Its Support At $9,000 After Overnight Weakness

Emily Mason

Summary: Bitcoin demonstrated the strength of its support at $9,000 after showing signs of weakness overnight, as reported by Bitcoinist. BTC dipped below $9,200 overnight, but buyers quickly lifted it back into the mid-$9,000s. One BTC trader noted in a tweet that the coin's overnight volatility is not significant. He added that until buyers push BTC ...

Bitcoin demonstrated the strength of its support at $9,000 after showing signs of weakness overnight, as reported by Bitcoinist.

BTC dipped below $9,200 overnight, but buyers quickly lifted it back into the mid-$9,000s. One BTC trader noted in a tweet that the coin's overnight volatility is not significant.

He added that until buyers push BTC past mid-$10,000s or the price drops below $8,750 any changes are just "noise." 

By Emily Mason

Last Update:

Tags: ,
Link: Bitcoin Defends Its Support At $9,000 After Overnight Weakness   [Copy]
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 2 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 3 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 6 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 7 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 9 days ago
  • You need to login to comment.