Bitcoin Price Faces $82K Wall as Weekend Momentum Fizzles
At 9:30 a.m., bitcoin‘s price was clocking roughly $79,750 to $80,100 per unit on Sept. 6, stuck in a tight weekend range after its early-September run above $82,000 lost steam. There’s a great deal happening under the surface, though: BTCs price remains above every listed major daily simple moving average (SMA) and exponential moving average (EMA), while weaker momentum readings and thin weekend trading volume show that another significant breakout has yet to be confirmed. Key TakeawaysBitcoins price held between $79,750 and $80,100 on Sunday morning as its daily uptrend remained intact.Bitstamps BTC/USD tape stayed between $79,586 and $80,147 as weekend volume thinned.Bitcoin faces $80,335-$82,239 resistance before bulls can confirm another breakout. Bitcoins 1-Hour Chart Keeps Bulls and Bears Walking a Tightrope Bitcoin‘s price on the 1-hour chart is basically a waiting game after a wild ride earlier in the week. Over the last hour, Bitstamp’s 24-hour tape logged bitcoin‘s price between $79,750 to $80,100 around 9:30 a.m., while hourly candles since Friday’s flush have been small and overlapping inside the range. Volume has also fallen sharply, which is typical during the weekends, with Saturday and Sunday bars clocking a fraction of the Sept. 3-4 spike. Instead of picking up steam in either direction,









