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Bitcoin dips 5.7% to $77,620 but shows signs of recovery amid profit-taking by long-term holders.

Market News
09 Sep 2026
AMBCrypto
View Source
Bullish
Bitcoin dips 5.7% to $77,620 but shows signs of recovery amid profit-taking by long-term holders.

Bitcoin experienced a 5.7% price drop from $82,300 to $77,620 over five days but has started to rebound, rising 2.4% from its recent low. Despite long-term holders selling and taking profits, Bitcoin's price remains strong above the $76,000 demand zone, supported by increased open interest in derivatives and bullish market structure. The $82,000 resistance zone remains critical to watch, with upcoming CPI reports and rate hike expectations likely to increase volatility.

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