BTC price battles for $46K as Polkadot (DOT) ends weekend with 10% surge

Cointelegraph

Published Sep 12, 2021 10:13AM ET

Updated Sep 12, 2021 12:00PM ET

Bitcoin (BTC) hit problems at $46,000 on Sept. 12 after a “strong bullish divergence” on lower timeframes met with resistance.

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

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reject sharply after hitting local highs of $46,280 on Bitstamp.

BTC/USD 1-day candle chart (Bitstamp) with 50-day moving average. Source: TradingView
DOT/USD 1-day candle chart (Kraken). Source: TradingView

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