Bitcoin stayed stubbornly anti-trend on Aug. 22 as $26,000 became a magnet for intraday BTC price action. {chart} Data from Cointelegraph Markets Pro and TradingView tracked a third day of sideways performance for BTC/USD. Despite being heavily oversold, according to relative strength index (RSI) readings, Bitcoin refused to offer any form of recovery bounce from levels last seen two months prior. Market participants were restless, with popular trader Jelle referring to intraday movements as the “death chop.” “At this stage it feels like a game of chicken to see who is going to make a move to break the chop,” ... (full story)