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Bitcoin price dips below $79,000 amid selling pressure and risk of further drop to $76,000

Technical Signals
08 Sep 2026
Crypto news
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Bearish
Bitcoin price dips below $79,000 amid selling pressure and risk of further drop to $76,000

Bitcoin price fell below $79,000 on September 8, trading near $78,450 after failing to hold the $79,500 support level. Selling pressure increased as indicated by a negative Chaikin Money Flow, with liquidation clusters near $78,000 and $80,600 shaping short-term moves. Despite this, Bitcoin remains above key moving averages, maintaining a broader bullish trend, but a break below $78,000 could lead to a deeper pullback toward $76,000. The market is cautious ahead of the Federal Reserve's policy meeting amid strong US labor data and inflation concerns.

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Opus Genetics gets Buy rating ahead of key gene therapy data release on Sept 9, 2026.

Opus Genetics gets Buy rating ahead of key gene therapy data release on Sept 9, 2026.

Opus Genetics, a clinical-stage biotech focused on inherited retinal diseases, received a Buy rating and $8 price target from analyst Matthew Caufield in August 2026. The company plans to release topline Phase 1/2 data for its gene therapy OPGx-BEST1...

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GE to acquire CPP for $11.75B, boosting aerospace casting capacity and earnings potential

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UNFI beats Q4 EPS estimates but misses revenue, expects growth ahead.

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Ionis Pharmaceuticals gets $85 price target despite heart drug trial failure

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Casey's General Stores to report Q3 earnings with strong analyst expectations on Sept 8, 2026.

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