Bitcoin (BTC) consolidated at a key flip zone on Aug. 9 as BTC price strength staged a sudden return.
BTC/USD 1-hour chart. Source: TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading near $29,800 after a surge during the previous day’s Wall Street trading hours.
BTC/USD annotated chart. Source: Rekt Capital/XBitcoin exchange data annotated charts. Source: Skew/X
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