#Bitcoin price update on September 7, 2024

- The current Bitcoin price chart is still in a downtrend. But the small time frames from 1D down have entered the oversold zone.

- The current support zone is 52k2. However, it is very likely that there will be a wick down to the 49k zone or at worst 47k4.

=> In case there is no daily candle closing below 52k2, the Bitcoin price will recover to the 69k zone. If there is a daily candle closing below 52k2, nothing can be said in advance.

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