BTC price battles for $46K as Polkadot ends weekend with 10% surge

There are signs of strength in Bitcoin markets, but altcoins are becoming more interesting as the weekend winds down.
Source: TradingViewBTC/USD 1-hour candlechart (Bitstamp). Source: TradingViewBTC/USD lower lows creep in. Data from Cointelegraph Markets Pro, TradingView and TradingView indicated that BTC/USD was rejecting sharply after hitting $46,280 on Bitstamp. This is despite a strong bullish divergence characterizing the 4-hour chart. “Bitcoin formed an Lower Low on the 4-hour-timeframe during the days spanning September 8th and 10, according to Rekt Capital.” Source: TradingViewCointelegraph contributing analyst Michael van de Poppe was also on the lookout for a higher low construction. Source: TradingViewCointelegraph contributing analyst Michael van de Poppe was also on the lookout for a higher low construction.”Looking at a higher low to be constructed at Bitcoin and then we’re ready to go toward $50K,” he said Saturday.Polkadot leads Sunday’s altcoin movesAs Cointelegraph reported, expectations include a Bitcoin price dip to as low as $38,000 at worst, with September poised to be a month of rumination for the bull run continues.Related: Bull flag breakout pushes Avalanche toward $80 as AVAX price hits another record highBitcoin’s overall crypto market dominance continued to fall at the weekend, nearing 40% in what could prove to be a boon for altcoin performance.Signs of life were already present on major alts Sunday, with Polkadot (DOT) leading the top ten with 10% daily gains.DOT/USD 1-day candle chart (Kraken). Source: TradingViewEther (ETH), the largest altcoin, was up 3.2% at $3.425, although it was still down 13% compared with last weekend.

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