Tag: Polkadot

Bitcoin, BTC to USD, fell by 1.04% on Wednesday. Following on from a 2.17% decline on Tuesday, Bitcoin ended the day at $35,516.0.

It was a mixed start to the day. Bitcoin rose to an early morning high $36,422.0 before hitting reverse.

Falling short of the first major resistance level at $37,263, Bitcoin slid to a late afternoon intraday low $33,303.0.

Bitcoin fell through the first major support level at $35,190 and the second major support level at $34,490.

Steering clear of the 23.6% FIB of $33,008, Bitcoin broke back through the support levels to end the day at $35,500 levels.

The near-term bullish trend remained intact, in spite of the latest reversal. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend.

The Rest of the Pack

Across the rest of the majors, it was another mixed day on Wednesday.

Bitcoin Cash SV and Crypto.com Coin slid by 3.47% and by 5.35% to lead the way down.

Litecoin fell by a more modest 1.40% to also join Bitcoin in the red.

It was a bullish day for the rest of the majors, however.

Polkadot jumped by 10.91% to lead the way, with Chainlink (+6.39%) also finding strong support.

Binance Coin  (+0.08%), Cardano’s ADA (+2.21%), Ethereum (+0.67), and Ripple’s XRP (+0.40%) also ended the day in the green.

In the current week, the crypto total market cap fell to a Monday low $958.80bn before rising to a Tuesday high $1,080.72bn. At the time of writing, the total market cap stood at $1,005.35bn.

Bitcoin’s dominance rose to a Monday high 67.47% before falling to a Wednesday low 65.02%. At the time of writing, Bitcoin’s dominance stood at 65.29%.

This Morning

At the time of writing, Bitcoin was down by 0.61% to $35,300.0. A mixed start to the day saw Bitcoin rise to an early morning high $35,616.0 before falling to a low $35,183.0.

Bitcoin left the major support and resistance levels untested early on.

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV and Crypto.com Coin bucked the trend early on, with gains of 1.44% and 4.40% respectively.

It was a bearish start for the rest of the majors, however.

At the time of writing, Polkadot was down by 1.93% to lead the way down.

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $35,080 to bring the first major resistance level at $36,858 into play.

Support from the broader market would be needed for Bitcoin to break out from Wednesday’s high $36,422.0.

Barring an extended crypto rally, first major resistance level and resistance at $37,000 would likely cap any upside.

In the event of an extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,199.

Failure to avoid a fall through the $35,080 pivot would bring the first major support level at $35,759 into play.

Barring an extended crypto sell-off, Bitcoin should avoid the second major support level at $31,961 The 23.6% FIB of $33,008 should limit the downside.

Bitcoin, BTC to USD, rallied by 9.54% on Wednesday to end a run of 4 consecutive days in the red. Reversing a 3.63% loss from Tuesday, Bitcoin ended the day at $37,358.1.

It was a mixed start to the day. Bitcoin slid to an early morning low $32,436.0 before making a move.

While steering clear of the first major support level at $32,148, Bitcoin fell through the 23.6% FIB of $33,008.

Finding early morning support, however, Bitcoin rallied to a late intraday high $37,776.0.

Bitcoin broke back through the 23.6% FIB and broke through the first major resistance level at $36,377.

Coming up short of $38,000 levels, however, Bitcoin eased back to end the day at sub-$37,500 levels.

The near-term bullish trend remained intact, in spite of the latest sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend.

The Rest of the Pack

Across the rest of the majors, it was a bullish day on Wednesday.

Polkadot surged by 19.97% to lead the way, with Chainlink rallying by 13.86%

Cardano’s ADA (+8.06%), Ethereum (+7.65%), and Litecoin (+10.61%) also saw solid gains.

Binance Coin (+4.88%), Bitcoin Cash SV (+5.93%), Crypto.com Coin (+3.40%), and Ripple’s XRP (+4.54%) trailed the front runners, however.

In the current week, the crypto total market cap rose to a Monday high $1,040.51 before falling to a Monday low $804.33bn. At the time of writing, the total market cap stood at $1,010.5bn.

Bitcoin’s dominance rose from a Monday low 68.39% to a Monday high 69.97%. At the time of writing, Bitcoin’s dominance stood at 69.71%.

This Morning

At the time of writing, Bitcoin was up by 1.01% to $37,734.4. A bullish start to the day saw Bitcoin rise from an early morning low $37,368.0 to a high $38,143.0.

Bitcoin left the major support and resistance levels untested early on.

Elsewhere, it was a mixed start to the day.

Litecoin and Ripple’s XRP bucked the trend early on, with losses of 0.57% and 0.62% respectively. Bitcoin Cash SV was flat.

It was a bullish start to the day for the rest of the majors, however.

At the time of writing, Polkadot was up by 4.38% to lead the way.

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $35,857 to bring the first major resistance level at $39,277 into play.

Support from the broader market would be needed for Bitcoin to break through to $39,000 levels.

Barring an extended crypto rally, first major resistance level and resistance at $40,000 would likely cap any upside.

In the event of an extended crypto rally, Bitcoin could test the second major resistance level at $41,197.

Failure to avoid a fall through the $35,857 pivot would bring the first major support level at $33,937 and the 23.6% FIB of $33,008 into play.

Barring another extended crypto sell-off, Bitcoin should continue to steer clear of sub-$30,000 levels. The second major support level at $30,517 should limit the downside.

Bitcoin, BTC to USD, slid by 7.31% on Monday. Following on from a 4.90% decline on Sunday, Bitcoin ended the day at $35,408.0.

It was a mixed start to the day. Bitcoin rose to an early morning intraday high $38,277 before hitting reverse.

Falling short of the first major resistance level at $41,313, Bitcoin slid to a late afternoon intraday low $30,635.0.

The sell-off saw Bitcoin fall through the first major support level at $35,174 and the second major support level at $32,147.

More significantly, Bitcoin also fell through the 23.6% FIB of $33,008.

Avoiding sub-$30,000 levels, Bitcoin revisited $35,900 levels late in the day before easing back.

The partial recovery saw Bitcoin move back through the support levels and the 23.6% FIB to end the day at $35,400 levels.

The near-term bullish trend remained intact, in spite of the latest sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend.

The Rest of the Pack

Across the rest of the majors, it was a bearish day on Monday.

Bitcoin Cash SV  and Crypto.com Coin slid by 28.84% and by 24.54% to lead the way down.

Binance Coin (-10.00%), Ethereum (-13.25%), and Litecoin (-18.09 %) also saw particularly heavy losses.

Cardano’s ADA (-8.65%), Chainlink (-9.76%), Polkadot (-4.12%), and Ripple’s XRP (-8.63%) also struggled, however.

At the start of the week, the crypto total market cap slid to a Monday high $1,040.98 to a low $804.04bn. At the time of writing, the total market cap stood at $930.19bn.

Bitcoin’s dominance rose from a Monday low 68.36% to a high 70.00%. At the time of writing, Bitcoin’s dominance stood at 69.63%.

This Morning

At the time of writing, Bitcoin was down by 0.37% to $35,277.0. A mixed start to the day saw Bitcoin rise to an early morning high $35,560.0 before falling to a low $35,127.0.

Bitcoin left the major support and resistance levels untested early on.

Elsewhere, it was another mixed start to the day.

Bitcoin Cash and Crypto.com Coin bucked the trend early on with gains of 12.54% and 6.70%.

It was a bearish start for the rest of the majors, however.

At the time of writing, Chainlink was down by 1.54% to lead the way down.

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $34,773 to bring the first major resistance level at $38,912 into play.

Support from the broader market would be needed for Bitcoin to break out from Monday’s high $38,277.0.

Barring an extended crypto rally, first major resistance level and resistance at $40,000 would likely cap any upside.

In the event of an extended crypto rally, Bitcoin could test the second major resistance level at $42,415.

Failure to avoid a fall through the $34,773 pivot would bring the 23.6% FIB of $33,008 and the first major support level at $31,270 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$30,000 levels and the 38.2% FIB of $27,465. The second major support level sits at $27,131.

Bitcoin, BTC to USD, jumped by 8.19% on Wednesday. Following on from a 6.23% rally on Tuesday, Bitcoin ended the day at $36,760.0.

It was a mixed start to the day. Bitcoin fell to an early morning intraday low $33,335.0 before making a move.

Steering clear of the first major support level at $31,066, Bitcoin rallied to a final hour intraday high and a new swing hi $36,932.0.

Bitcoin broke through the first major resistance level at $35,698 to test resistance at $37,000 before easing back.

The near-term bullish trend remained intact, supported by the breakthrough to $36,900 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $16,580 to form a near-term bearish trend.

The Rest of the Pack

Across the rest of the majors, it was a mixed day on Wednesday.

Polkadot fell by 4.22% to buck the trend on the day.

It was a bullish day for the rest of the majors, however.

Cardano’s ADA surged by 28.7% to lead the way once more.

Chainlink (+18.97%), Crypto.com Coin (+14.66%), Ethereum (+9.81%), and Ripple’s XRP (+9.97%) also made solid gains.

Binance Coin (+0.96%), Bitcoin Cash SV (+5.25%), Litecoin (+6.54%) trailed the front runners, however.

In the current week, the crypto total market cap slid to a Monday low $735.72bn before rising to a Wednesday high $1,016.45bn. At the time of writing, the total market cap stood at $998.31bn.

Bitcoin’s dominance rose to a Monday high 70.25% before falling to a Monday low 67.66%. At the time of writing, Bitcoin’s dominance stood at 69.18%.

This Morning

At the time of writing, Bitcoin was up by 0.77% to $37,044.6. A mixed start to the day saw Bitcoin fall to an early morning low $36,463.0 before rising to a new swing hi $37,344.0.

Bitcoin left the major support and resistance levels untested early on.

Elsewhere, it was a mixed start to the day for the crypto majors.

Binance Coin (-0.85%), Chainlink (-1.47%), Ethereum (-0.41%), and Polkadot (-0.28%) struggled early on.

It was a bullish start for the rest of the majors, however.

At the time of writing, Crypto.com Coin was up by 4.08% to lead the way.

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $35,676 to bring the first major resistance level at $38,016 into play.

Support from the broader market would be needed for Bitcoin to break out from the morning high $37,344.0.

Barring an extended crypto rally, first major resistance level would likely cap any upside.

In the event of another extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $39,273.

Failure to avoid a fall through the $35,676 pivot would bring the first major support level at $34,419 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$33,000 levels. The second major support level sits at $32,079.

Bitcoin, BTC to USD, slid by 3.03% on Monday. Reversing a 2.43% gain from Sunday, Bitcoin ended the day at $31,990.0.

It was a mixed start to the day. Bitcoin rose to an early morning intraday high $33,593.6 before hitting reverse.

Falling short of the first major resistance level at $34,569, Bitcoin slid to a late morning intraday low $28,540.00.

Bitcoin slid through the first major support level at $31,671 and the second major support level at $30,374.

Avoiding sub-$28,000 levels, Bitcoin revisited $32,000 levels before easing back.

The near-term bullish trend remained intact, supported by the latest breakthrough to $34,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $15,794 to form a near-term bearish trend.

The Rest of the Pack

Across the rest of the majors, it was a mixed day on Monday.

Cardano’s ADA (+8.92%), Crypto.com Coin (+7.91%), Ethereum (+6.32%), and Ripple’s XRP (+4.54%) bucked the trend on the day.

It was a bearish day for the rest of the majors, however.

Bitcoin Cash SV (-4.06%), Litecoin (-3.72%), and Polkadot (-3.16%) led the way down.

Binance Coin (-0.57%) and Chainlink (-0.53%), saw relatively modest losses on the day.

At the start of the week, the crypto total market cap rose to a Monday high $910.09bn before sliding to a Monday low $749.51bn. At the time of writing, the total market cap stood at $892.50bn.

Bitcoin’s dominance fell from a Monday high 70.50% to a Monday low 68.17%. At the time of writing, Bitcoin’s dominance stood at 68.43%.

This Morning

At the time of writing, Bitcoin was up by 2.72% to $32,861.0. A bullish start to the day saw Bitcoin rise from an early morning low $31,991.0 to a high $32,861.0.

Bitcoin left the major support and resistance levels untested early on.

Elsewhere, it was also a bullish start to the day for the crypto majors.

At the time of writing, Ethereum was up by 8.48% to lead the pack.

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $31,375 to bring the first major resistance level at $34,209 into play.

Support from the broader market would be needed for Bitcoin to break back through to $34,000 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $34,500 would likely cap any upside.

In the event of an extended crypto rally, Bitcoin could test resistance at $37,000 before any pullback. The second major resistance level sits at $36,428.

Failure to avoid a fall through the $31,375 pivot would bring the first major support level at $29,156 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$29,000 levels. The second major support level sits at $26,321.

Bitcoin, BTC to USD, rose by 3.09% on Monday. Reversing a 0.69% fall from Sunday, Bitcoin ended the day at $27,053.0.

It was another mixed start to the day. Bitcoin fell to an early morning intraday low $26,068.1 before making a move.

Steering clear of the first major support level at $25,279, Bitcoin rallied to an early afternoon intraday high $27,442.0.

Falling short of the first major resistance level at $27,723, however, Bitcoin briefly fell back to sub-$27,000 levels before wrapping up the day at $27,000 levels.

The near-term bullish trend remained intact, supported by the latest breakthrough to $28,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $13,261 to form a near-term bearish trend.

The Rest of the Pack

Across the rest of the majors, it was a mixed day on Monday.

Ripple’s XRP slid by 12.73% to buck the trend on the day.

It was a bullish day for the rest of the majors, however.

Polkadot surged by 24.53% to lead the pack, with Cardano’s ADA rallying by 13.98%.

Binance Coin (+6.70%) and Ethereum (+6.66%) also found strong support on the day.

Bitcoin Cash SV (+1.63%), Chainlink (+3.89%), Crypto.com Coin (+3.66%), and Litecoin (+1.58%) trailed the front runners, however.

At the start of the week, the crypto total market cap fell to a Monday low $684.42bn before rising to a Monday high $738.60bn. At the time of writing, the total market cap stood at $711.79bn.

Bitcoin’s dominance rose to an early Monday high 70.81% before falling to a low 69.13%. At the time of writing, Bitcoin’s dominance stood at 69.88%.

This Morning

At the time of writing, Bitcoin was down by 0.97% to $26,790.0. A mixed start to the day saw Bitcoin rise to an early morning high $27,076.0 before falling to a low $26,736.1.

Bitcoin left the major support and resistance levels untested early on.

Elsewhere, it was a mixed start to the day.

Cardano’s ADA (+6.35%) and Bitcoin Cash SV (+1.00%) bucked the trend early on.

It was a bearish start for the rest of the majors, however.

At the time of writing, Ripple’s XRP was down by 3.68% to lead the way down.

For the Bitcoin Day Ahead

Bitcoin would need to move back through the pivot level at $26,854 to bring the first major resistance level at $27,641 into play.

Support from the broader market would be needed for Bitcoin to break out from Monday’s high $27,442 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $27,500 would likely cap any upside.

In the event of another extended crypto rally, Bitcoin could test resistance at $28,500 before any pullback. The second major resistance level sits at $28,228.

Failure to move back through the $26,854 pivot would bring the first major support level at $26,267 into play.

Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$26,000 levels. The second major support level sits at $25,481.

Bitcoin, BTC to USD, fell by 2.50% on Wednesday. Partially reversing a 4.82% rally from Tuesday, Bitcoin ended the day at $23,208.0.

It was another mixed start to the day. Bitcoin rose to an early morning high $24,013.7 before hitting reverse.

Falling well short of the day’s major resistance levels, Bitcoin slid to a late morning low $22,855.0.

Steering clear of the first major support level at $22,832, Bitcoin rallied to an early afternoon intraday high $24,144.0.

Falling short of the first major resistance level at $24,296, Bitcoin slid to a late intraday low $22,655.0.

Bitcoin fell through the first major support level at $22,832 before a partial recovery to $23,200 levels.

The near-term bullish trend remained intact, supported by the latest breakthrough to $24,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,733 to form a near-term bearish trend.

The Rest of the Pack

Across the rest of the majors, it was a particularly bearish day on Wednesday.

Ripple’s XRP tumbled by 41.71% to lead the way down.

Cardano’s ADA (-12.71%), Chainlink (-14.10%), and Litecoin (-10.44%) also saw heavy losses on the day.

Binance Coin (-6.98%), Bitcoin Cash SV (-9.02%), Crypto.com Coin (-2.98%), Ethereum (-8.11%), and Polkadot (-6.11%) also struggled, however.

In the current week, the crypto total market cap rose to a Monday high $671.50bn before sliding to a Monday low $601.73bn. At the time of writing, the total market cap stood at $607.39bn.

Bitcoin’s dominance rose from a Monday low 66.74% to a Wednesday high of 70.75%. At the time of writing, Bitcoin’s dominance stood at 70.18%.

This Morning

At the time of writing, Bitcoin was down by 1.06% to $22,962.0. A bearish start to the day saw Bitcoin fall from an early morning high $23,211.4 to a low $22,791.0.

Bitcoin left the major support and resistance levels untested early on.

Elsewhere, it was a mixed start to the day.

Polkadot and Ripple’s XRP were up by 0.31% and by 2.97% to buck the trend early on.

It was a bearish start for the rest of the majors, however.

At the time of writing, Crypto.com Coin was down by 6.31% to lead the way down.

For the Bitcoin Day Ahead

Bitcoin would need to move through the pivot level at $23,336 to bring the first major resistance level at $24,016 into play.

Support from the broader market would be needed for Bitcoin to break back through to $24,000 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high of $24,144.0 would likely cap any upside.

In the event of another extended crypto rally, Bitcoin could test resistance at $24,500 before any pullback. The second major resistance level sits at $24,825.

Failure to move through the $23,336 pivot would bring the first major support level at $22,526 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$22,000 levels. The second major support level sits at $21,847.

Bitcoin, BTC to USD, fell by 3.05% on Monday. Following on from a 1.57% decline on Sunday, Bitcoin ended the day at $22,712.3.

It was another mixed start to the day. Bitcoin rose to an early morning intraday high $24,077.0 before hitting reverse.

Coming up against the first major resistance level at $24,080, Bitcoin slid to a mid-day intraday low $21,884.0.

The sell-off saw Bitcoin fall through the first major support level at $22,937 and the second major support level at $22,445.

Finding support in the 2^nd half of the day, Bitcoin briefly revisited $23,200 levels before sliding back to sub-$23,000.

Bitcoin fell back through the first major support level to wrap up the day at $22,700 levels.

The near-term bullish trend remained intact, supported by the latest breakthrough to $24,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,733 to form a near-term bearish trend.

The Rest of the Pack

Across the rest of the majors, it was also a bearish start to the week.

Crypto.com Coin (-8.32%) and Litecoin (-8.91%) led the way down.

Binance Coin (-6.48%), Cardano’s ADA (-5.67%), Chainlink (-5.67%), and Ripple’s XRP (-7.43%) also saw heavy losses on the day.

Bitcoin Cash SV (-4.92%), Ethereum (-4.72%), and Polkadot (-2.94%) saw relatively modest losses, however.

At the start of the week, the crypto total market cap rose to a Monday high $666.88bn before sliding to a low $606.33bn. At the time of writing, the total market cap stood at $624.66bn.

Bitcoin’s dominance rose from a Monday low of 66.88% to a Monday high of 67.50%. At the time of writing, Bitcoin’s dominance stood at 67.25%.

This Morning

At the time of writing, Bitcoin was down by 0.55% to $22,587.9. A mixed start to the day saw Bitcoin rise to an early morning high $22,915.0 before falling to a low $22,587.9.

Bitcoin left the major support and resistance levels untested early on.

Elsewhere, it was a mixed start to the day.

Ethereum (+0.14%), Litecoin (+0.71%), and Polkadot (+0.10%) found early support to buck the trend early on.

It was a bearish start for the rest of the majors, however.

At the time of writing, Crytpo.com Coin was down by 4.54% to lead the way down.

For the Bitcoin Day Ahead

Bitcoin would need to move through the pivot level at $22,891 to bring the first major resistance level at $23,898 into play.

Support from the broader market would be needed for Bitcoin to break back through to $23,500 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $24,000 would likely cap any upside.

In the event of another extended crypto rally, Bitcoin could test resistance at $25,000 before any pullback. The second major resistance level sits at $25,084.

Failure to move through the $22,891 pivot would bring the first major support level at $21,705 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$21,000 levels. The second major support level sits at $20,698.

Bitcoin, BTC to USD, surged by 9.55% on Wednesday. Following on from a 0.92% gain on Tuesday, Bitcoin ended the day at $21,318.0.

It was a mixed start to the day. Bitcoin slipped to an early morning intraday low $19,317.8 before making a move.

Steering clear of the first major support level at $19,150, Bitcoin rallied to a late intraday high and a new swing hi $21,444.0.

The breakout saw Bitcoin break through the day’s major resistance levels to strike an all-time high on the day.

The near-term bullish trend remained intact, supported by the breakthrough to $21,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,660 to form a near-term bearish trend.

The Rest of the Pack

Across the rest of the majors, it was another mixed day on Wednesday.

Polkadot slid by 6.69% to buck the trend on the day.

It was a bullish day for the rest of the majors, however.

Litecoin and Ripple’s XRP surged by 14.25% and by 21.67% respectively to lead the way.

Bitcoin Cash SV (+6.03%), Cardano’s ADA (+9.38%), Chainlink (+6.54%), and Ethereum (+8.30%) also found strong support.

Binance Coin (+3.70%) and Crypto.com Coin (+1.61%) trailed the front runners, however.

For the current week, the crypto total market cap fell to a Monday low $545.05bn before rising to a Wednesday high $620.92bn. At the time of writing, the total market cap stood at $612.97bn.

Bitcoin’s dominance fell to a Monday low 64.21% before rising to a Wednesday high 65.50%. At the time of writing, Bitcoin’s dominance stood at 65.03%.

This Morning

At the time of writing, Bitcoin was down by 0.49% to $21,213.0. A mixed start to the day saw Bitcoin rise to an early morning high $21,365.0 before falling to a low $21,200.0.

Bitcoin left the major support and resistance levels untested early on.

Elsewhere, it was a mixed start to the day.

Cardano’s ADA (-0.51%), Litecoin (-0.19%), Polkadot (-0.13%), and Ripple’s XRP (-1.05%) joined Bitcoin in the red.

It was a bullish start for the rest of the majors, however.

At the time of writing, Crypto.com Coin was up by 3.49% to lead the way.

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $22,693 to bring the first major resistance level at $22,069 into play.

Support from the broader market would be needed for Bitcoin to break out from Wednesday’s high $21,444.0.

Barring an extended crypto rally, resistance at $22,000 would likely leave Bitcoin short of the first major resistance level at $22,069.

In the event of another extended crypto rally, Bitcoin could test resistance at $23,000 before any pullback. The second major resistance level sits at $22,820.

Failure to avoid a fall through the $20,693 pivot would bring the first major support level at $19,943 into play.

Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$19,500 levels. The second major support level sits at $18,567.