Bitcoin market dominance plumbs 4-year lows as BTC price ditches $20K

All down after gloomy macro week

Data from Cointelegraph Markets Pro and TradingView showed ongoing lackluster performance on BTC/USD, which traded around $19,800.

The largest cryptocurrency looked increasingly unable to flip $20,000 to firm support as the weekend began, and the mood among market participants was jaded.

Eyeing the 8-day exponential moving average (EMA), popular trader Cheds noted its strength as intraday resistance continuing into September.

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https://cointelegraph.com/news/bitcoin-market-dominance-plumbs-4-year-lows-as-btc-price-ditches-20k