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Pi Networkโ€™s Pi Lingers Defiantly Past Resistance While Btc Flops Short Of 80K Market Glimmer ๐Ÿ•ธ๏ธ๐ŸŒ™

Pi Networkโ€™s Pi Lingers Defiantly Past Resistance While Btc Flops Short Of 80K Market Glimmer ๐Ÿ•ธ๏ธ๐ŸŒ™

Bitcoin tried to crash through that juicy 80k barrier once more this spooky Monday morning but got rejected hard and slipped straight under 79k before catching a sneaky breath of support ๐Ÿ–ค.
Ethereum’s still hovering right near 2500 while xrp claws to hold 1.40 in the shadows. Link, tao, mnt, icp and wld all pulled off solid gains among the bigger names โœจ.

BTC Gets Shut Out at 80K Again ๐Ÿ•ธ๏ธ

The main coin’s been getting blocked every single attempt past 80k and even 81k since mid last week of August. It tried twice back then only to get shoved down under 77k on Friday after that hawkish kevin warsh speech ๐ŸŒ™.
Still bounced hard over the weekend and kissed 79k last sunday before fresh middle east drama kicked it back down to 77k. Pressure kept building and btc slid all the way to 76.4k on september 2/3 ๐Ÿ’€.
Bulls jumped in right there and stopped any deeper drop. Instead bitcoin went full offensive on thursday and ripped up several grand to 82.4k the highest since mid may. Another rejection hit after the strong us jobs report on friday and btc dove to 78.8k ๐Ÿฆ‡.
The weekend stayed pretty chill with btc just sliding sideways between 79k and 80k. It pushed the upper edge again monday morning but got stopped cold at 80.5k then dumped right under 79k. Now it’s hovering just above that with market cap chilling at 1.6 trillion on cmc.

BTCUSD September 7. Source: TradingView

PI Holds Strong While ARB Takes a Hit ๐Ÿ”ฎ

Most big cap alts dipped a bit over the last 24 hours with eth struggling below 2500 bnb falling under 750 and xrp battling to stay above 1.40 ๐Ÿ•ท๏ธ.
On the flip side link soared 9 percent past 13 tao jumped 14 percent to 267 mnt sits at 0.635 after a 7.5 percent daily pop icp gained 12.6 percent and wld rocketed over 14.5 percent. Arb got rejected at 0.20 and now sits 13 percent lower than its yesterday peak ๐ŸŒ‘.
Pi network’s token stays comfortably above the 0.09 support and even poked at the key 0.095 resistance but remains just below it right now.
Total crypto market cap barely moved staying around 2.71 trillion on cmc.

Cryptocurrency Market Overview September 7. Source: QuantifyCrypto


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