Bitcoin was above $20,000 on Friday. The BTC rate peaked at $20,407 at the start of the American session, but it dropped to $19,663 by Saturday, September 3, night.
The market has not changed significantly over the last two days, and Bitcoin is starting a new week below the psychological threshold of $20,000.
The range between $20,021 to $20,628 has developed into a zone of significant resistance.
At about this price, 611,650 BTC were previously acquired by 913,520 addresses. These investors are the ones who sell off cryptocurrencies when they attempt to achieve a breakthrough.
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At $22,767, where 379,690 wallets purchased 412,590 coins, the second resistance zone developed.
According to statistics, miners are once again among the most active sellers. 4,586 bitcoins have been mined by mining pools over the past 72 hours.
The middle of last week, according to experts citing a Glassnode report, was spent making preparations for the reset. About 14,787 BTC, totaling up to $295.74 million, have been delivered to exchanges by investors since August 31.
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As expected by analysts, the Bitcoin was reset on Friday following a brief pump at the start of trade on the US stock market.