Bitcoin Slipped Down on Binance 1H Candle

Bitcoin closed below the open for the Binance BTC/USDT 1-hour candle that began on August 20. Bitcoin was trading around $71,035 and sat under the daily EMA200 at $71,711.19, and the lower close confirmed near-term pressure. Bloomberg had reported whales added $2.9 billion in the past 60 days while…