Bitcoin traders still favor new $20K lows as Ethereum hits $2K By Cointelegraph

Bitcoin traders still favor new $20K lows as Ethereum hits $2K

(BTC) is still due to return to near $20,000, fresh analysis warns as attempts to retest multi-month highs.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staging a second run-up to near $25,000 on Aug. 13, so far seeing rejection.

BTC/USD annotated chart. Source: Credible Crypto/ Twitter (NYSE:)
1-day candle chart (Binance). Source: TradingView
Bitcoin dominance 1-week candle chart. Source: TradingView