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Bitcoin loses 8.6% in August as September starts with fresh 2-week low
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Bitcoin loses 8.6% in August as September starts with fresh 2-week low

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Bitcoin loses 8.6% in August as September starts with fresh 2-week low
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Source: Coin Telegraph

BTC price conditions fail to improve over the weekend, and liquidity grabs could be on the menu next, one Bitcoin trader suggests.

Bitcoin (BTC) shed more than 2% on Sep. 1 as an “out of hours” monthly close turned ugly for bulls.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC price weakness producing lows of $57,230 on Bitstamp — a level last seen on Aug. 16.

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Author: William Suberg

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