Key Takeaways Bitcoin’s price rebounded from $77,603 and traded above $79,000 on Sept. 9. Bitcoin’s daily gauge showed 16 bullish readings, nine neutral signals and one bearish reading. Bitcoin must confront $79,742, while $77,603 remains the key downside risk level. Bitcoin’s Hourly Chart Shows Buyers Absorbing the $77,603 Flush Bitcoin’s price on the 1-hour Bitstamp BTC/USD chart shows a story that starts with a wild ride from Sept. 8 into Sept. 9. Bitcoin chopped sideways before a large downtrend move sent it to $77,603, and that drop coincided with the largest volume bar visible since Sept. 7. During the overnight …

