Yesterday(8/28 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $20024, its lowest as $19517, its highest as $20146, its closing as $19552. Bitcoin continued to consolidate after Sunday's start, reaching a high at 16:15, then consolidating again, falling again to reach a low 23:45 and closing -2.4% down.
If you look at the 4hr chart, it is showing a cascading decline after the sharp decline on 8/26, and an increase in trading volume is not a good sign. The daily chart showed a further decline, which seems to be a bad prediction for this week's movement.
Bitcoin fell -9.1% weekly, with the dominance falling from 41.7 to 40.7. Ethereum fell -11.8% during the week, and if it goes down again this week, $1400 is likely to be at risk. We will have to watch the macro market movement this week and start investing.
I get scared through the week when I see Bitcoin declining on a Sunday-monday midnight
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