The Crypto Daily – Movers and Shakers – September 14th, 2021

E-coins on tablet computer with charts on screen

Bitcoin, BTC to USD, fell by 2.34% on Monday. Reversing a 1.92% gain from Sunday, Bitcoin ended the day at $45,960.0.

Recovering from a bearish morning, Bitcoin rallied to an early afternoon intraday high $46,874.0 before hitting reverse.

Bitcoin broke through the first major resistance level at $46,745 before sliding to a mid-afternoon intraday low $43,444.0.

The sell-off saw Bitcoin fall through the first major support level at $45,053 and the second major support level at $44,068.

Steering clear of sub-$43,000 levels, however, Bitcoin broke back through the second major support levels to end the day at $44,900 levels.

Late in the day, the first major support level at $45,053 pinned Bitcoin back.

The near-term bullish trend remained intact, in spite of the latest return to $43,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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.

Chainlink slid by 8.45% to lead the way down, with Cardano’s ADA (-6.92%) and Crypto.com Coin (-6.24%) close behind.

Binance Coin (-4.12%), Bitcoin Cash SV (-3.01%), Ethereum (-3.46%), and Ripple’s XRP (-4.95%) also struggled.

Litecoin (-1.99%) and Polkadot (-0.27%) saw relatively modest losses on the day, however.

Early in the week, the crypto total market rose to a Monday high $2,143bn before tumbling to a Monday low $1,976bn. At the time of writing, the total market cap stood at $2,066bn.

Bitcoin’s dominance fell to a Monday low 40.62% before rising to a high 41.52%. At the time of writing, Bitcoin’s dominance stood at 41.04%.

This Morning

At the time of writing, Bitcoin was up by 0.25% to $45,071.0. A mixed start to the day saw Bitcoin fall to an early morning low $44,847.0 before rising to a high $45,291.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (-0.02%) and Bitcoin Cash SV (-0.74%) saw red 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 2.08% to lead the way.

BTCUSD 140921 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move back through the $45,093 pivot to bring the first major resistance level at $46,741 into play.

Support from the broader market would be needed for Bitcoin to break out from $46,500 levels.

Barring a broad-based crypto rally, the first major resistance level and Monday’s high $46,874.0 would likely cap the upside.

In the event of a broad-based crypto rally, Bitcoin could test resistance at $50,000 before any pullback. The second major resistance level sits at $48,523.

Failure to move through the $45,093 pivot would bring the first major support level at $43,311 into play.

Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$41,000 levels. The second major support level at $41,663 and the 38.2% FIB of $41,529 should limit the downside.

The Crypto Daily – Movers and Shakers – September 9th, 2021

Pattern of coins LTC, ETH, BTC, XMR, XRP on a dark background. Business concept.

Bitcoin, BTC to USD, fell by 1.67% on Wednesday. Following an 11.06% slide on Tuesday, Bitcoin ended the day at $46,070.6.

A mixed start to the day saw Bitcoin rise to an early morning intraday high $47,351.0 before hitting reverse.

Falling short of the 23.6% FIB of $50,473 and the first major resistance level at $52,085, Bitcoin fell to a late morning intraday low $44,472.0.

Steering clear of the first major support level at $42,417, however, Bitcoin found late support to end the day at $46,000 levels.

The near-term bullish trend remained intact, in spite of the latest return to $43,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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

Chainlink fell by 3.87% to lead the way down.

Binance Coin (-0.88%), Bitcoin Cash SV (-0.80%), Cardano’s ADA (-1.74%), Crypto.com Coin (-0.05%), and Ripple’s XRP (-2.62%) also joined Bitcoin in the red.

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

Ethereum led the way with a 1.85% gain.

Litecoin (+0.65%) and Polkadot (+1.23%) also found strong support.

In the current week, the crypto total market rose to a Tuesday high $2,392bn before tumbling to a Tuesday low $1,809bn. At the time of writing, the total market cap stood at $2,115bn.

Bitcoin’s dominance rose to a Tuesday high 44.15% before falling to a Wednesday low 40.80%. At the time of writing, Bitcoin’s dominance stood at 40.97%.

This Morning

At the time of writing, Bitcoin was up by 0.05% to $46,093.0. A mixed start to the day saw Bitcoin fall to an early morning low $46,006.3 before rising to a high $46,160.0.

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

Elsewhere, it was a mixed start to the day.

Chainlink (+0.84%), Cyrpto.com Coin (+1.14%), Litecoin (+0.22%), and Ripple’s XRP (+0.63%) found early support.

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

At the time of writing, Polkadot was down by 0.22% to lead the way down.

BTCUSD 090921 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid the $45,965 pivot to bring the first major resistance level at $47,457 into play.

Support from the broader market would be needed for Bitcoin to break out from Wednesday’s high $47,351.0.

Barring a broad-based crypto rally, the first major resistance level and resistance at $48,000 would likely cap the upside.

In the event of a broad-based crypto rebound, Bitcoin could test resistance at the 23.6% FIB of $50,473 before any pullback. The second major resistance level sits at $48,844.

A fall through the $45,965 pivot would bring the first major support level at $44,578 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of the 38.2% FIB of $41,592. The second major support level at $43,086 should limit the downside.

The Crypto Daily – Movers and Shakers – September 7th, 2021

E-coins on tablet computer with charts on screen

Bitcoin, BTC to USD, rose by 1.73% on Monday. Following a 3.77% rally on Sunday, Bitcoin ended the day at $52,676.0.

After mixed start to the day, Bitcoin fell to a mid-day intraday low $51,050.0 before making a move.

Steering clear of the first major support level at $50,200, Bitcoin rallied to a late intraday high $52,742.0.

Bitcoin broke through the first major resistance level at $52,630 to end the day at $52,670 levels.

The near-term bullish trend remained intact, supported by the latest return to $52,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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

Crypto.com Coin and Ripple’s XRP rallied by 9.26% and by 6.18% respectively to lead the way.

Bitcoin Cash SV (+0.58%) and Chainlink (+3.55%) also found strong support.

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

Litecoin slid by 5.52% to lead the way down.

Binance Coin (-1.71%), Cardano’s ADA (-2.68%), Ethereum (-0.58%), and Polkadot (-1.97%) also saw red.

Early in the week, the crypto total market fell to a Monday low $2,307bn before rising to a Monday high $2,387bn. At the time of writing, the total market cap stood at $2,379bn.

Bitcoin’s dominance fell to a Monday low 41.09% befor rising to an early Tuesday high 41.72%. At the time of writing, Bitcoin’s dominance stood at 41.67%.

This Morning

At the time of writing, Bitcoin was down by 0.02% to $52,663.0. A mixed start to the day saw Bitcoin fall to an early morning low $52,573.0 before rising to a high $52,749.0.

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

Elsewhere, it was a mixed start to the day.

Crypto.com Coin was up by 2.78% early on. Binance Coin (+0.24%), Bitcoin Cash SV (+0.30%), and Cardano’s ADA (+0.34%) also found early support.

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

At the time of writing, Ripple’s XRP was down by 1.17% to lead the way down.

BTCUSD 070921 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid the $52,156 pivot to bring the first major resistance level at $53,262 into play.

Support from the broader market would be needed for Bitcoin to break back through $53,000 levels.

Barring a broad-based crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended crypto rally, Bitcoin could test resistance at $55,000 before any pullback. The second major resistance level sits at $53,848.

A fall through the $52,156 pivot would bring the first major support level at $51,570 into play.

Barring an extended sell-off on the day, Bitcoin should steer clear of the 23.6% FIB of $50,473 and the second major support level at $50,464.

The Crypto Daily – Movers and Shakers – September 2nd, 2021

Crypto00 567

Bitcoin, BTC to USD, rose by 3.57% on Wednesday. Following a 0.33% gain on Tuesday, Bitcoin ended the day at $48,823.0.

A mixed start to the day saw Bitcoin fall to an early morning intraday low $46,590.0 before making a move.

Steering clear of the first major support level at $46,507, Bitcoin rallied to a late afternoon intraday high $49,139.0.

Bitcoin broke through the first major resistance level at $48,026 and the second major resistance level at $48,894 before easing back to sub-$48,100 levels.

A bullish end to the day saw Bitcoin briefly break back through the second major resistance level before easing back.

The near-term bullish trend remained intact, supported by the latest return to $50,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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

Chainlink and Ethereum rallied by 11.27% and by 11.64% to lead the way.

Binance Coin (+5.55%), Litecoin (+5.40%), and Ripple’s XRP (+4.33%) also found strong support.

Bitcoin Cash SV (+3.32%), Cardano’s ADA (+3.67%), Crypto.com Coin (+0.79%), and Polkadot (+2.13%) trailed the front runners, however.

In the current the week, the crypto total market fell to a Monday low $1,996bn before rising to a Wednesday high $2,230bn. At the time of writing, the total market cap stood at $2,192bn.

Bitcoin’s dominance rose to a Monday high 44.14% before falling to a Wednesday low 41.40%. At the time of writing, Bitcoin’s dominance stood at 41.84%.

This Morning

At the time of writing, Bitcoin was down by 0.08% to $48,782.0. A mixed start to the day saw Bitcoin fall to an early morning low $48,631.0 before rising to a high $49,000.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (+1.03%), Bitcoin Cash SV (+0.12%), and Crypto.com Coin (+4.21%) found early support.

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

At the time of writing, Polkadot was down by 1.52% to lead the way down.

BTCUSD 020921 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid the $48,184 pivot to bring the first major resistance level at $49,778 into play.

Support from the broader market would be needed for Bitcoin to break out from $49,500 levels.

Barring a broad-based crypto rally, the first major resistance level and resistance at $50,000 would likely cap any upside.

In the event of an extended crypto rally, Bitcoin could test resistance at the 23.6% FIB of $50,473 before any pullback. The second major resistance level sits at $50,733.

A fall through the $48,184 pivot would bring the first major support level at $47,229 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$46,000 levels. The second major support level sits at $45,635.

The Crypto Daily – Movers and Shakers – August 31st, 2021

Depositphotos_197585438_s-2019

Bitcoin, BTC to USD, slid by 3.68% on Monday. Following a 0.23% decline on Sunday, Bitcoin ended the week at $47,004.8.

A mixed start to the day saw Bitcoin rise to an early morning intraday high $48,924.7 before hitting reverse.

Falling short of the first major resistance level at $49,713, Bitcoin fell to an early afternoon low $47,417.0.

Bitcoin fell through the first major support level at $47,823 before briefly revisiting $48,700 levels.

A bearish end to the day, however, saw Bitcoin slide back through the first major support level to a final hour intraday low $46,903.

Coming within range of the second major support level at $46,847, Bitcoin ended the day at $47,000 levels.

The near-term bullish trend remained intact, supported by the latest return to $50,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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

Polkadot rallied by 5.12%, with Ethereum rising by 0.08% buck the trend on the day.

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

Binance Coin (-4.18%). Bitcoin Cash SV (-4.13%), Cardano’s ADA (-4.10%), and Litecoin (-4.09%) led the way down.

Chainlink (-2.98%), Crypto.com Coin (-1.05%), and Ripple’s XRP (-3.53%) also struggled.

Early in the week, the crypto total market fell to a Monday low $2,015bn before rising to a high $2,108bn. At the time of writing, the total market cap stood at $2,034bn.

Bitcoin’s dominance rose to a Monday high 44.25% before falling to a Monday low 43.30%. At the time of writing, Bitcoin’s dominance stood at 43.38%.

This Morning

At the time of writing, Bitcoin was down by 0.16% to $46,927.6. A mixed start to the day saw Bitcoin fall to an early morning low $46,883.0 before rising to a high $47,150.5.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV (+0.63%), Cardano’s ADA (+0.07%), and Chainlink (+0.06%) bucked the early trend.

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

At the time of writing, Crypto.com Coin was down by 1.91% to lead the way down.

BTCUSD 310821 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $47,611 pivot to bring the first major resistance level at $48,319 into play.

Support from the broader market would be needed for Bitcoin to break back through to $48,000 levels.

Barring a broad-based crypto rally, the first major resistance level and Monday’s high $48,924.7 would likely cap any upside.

In the event of an extended crypto rally, Bitcoin could test resistance at $50,000 before any pullback. The second major resistance level sits at $49,633.

Failure to move through the $47,611 pivot would bring the first major support level at $46,297 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$45,000 levels. The second major support level at $45,589 should limit the downside.

The Crypto Daily – Movers and Shakers – August 26th, 2021

Pattern of coins LTC, ETH, BTC, XMR, XRP on a dark background. Business concept.

Bitcoin, BTC to USD, rose by 2.76% on Wednesday. Partially reversing a 3.65% loss from Tuesday, Bitcoin ended the day at $48,992.7.

A choppy start to the day saw Bitcoin fall to a mid-morning intraday low $47,143.00 before making a move.

Steering clear of the first major support level at $46,893, Bitcoin rallied to a late intraday high $49,255.0.

Bitcoin broke through the first major resistance level at $49,198 before easing back to sub-$48,000 levels.

The near-term bullish trend remained intact, supported by the latest return to $50,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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.

Crypto.com Coin fell by 0.93% to buck the trend on the day.

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

Binance Coin rallied by 6.71% to lead the way.

Chainlink (+3.38%), Litecoin (+2.58%) and Ripple’s XRP (+3.37%) also found strong support.

Bitcoin Cash SV (+0.15%), Cardano’s ADA (+0.72%), Ethereum (+1.82%), and Polkadot (+0.84%) trailed the front runners, however.

In the current week, the crypto total market rose to a Monday high $2,169bn before falling to a Wednesday low $1,970bn. At the time of writing, the total market cap stood at $2,059bn.

Bitcoin’s dominance fell to a Tuesday low 43.64% before rising to a Tuesday high 44.96%. At the time of writing, Bitcoin’s dominance stood at 44.59%.

This Morning

At the time of writing, Bitcoin was down by 0.27% to $48,860.0. A mixed start to the day saw Bitcoin rise to an early morning high $49,085.0 before falling to a low $48,858.0.

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

Elsewhere, it was a mixed start to the day.

Crypto.com Coin bucked the early trend, rising by 1.84%.

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

At the time of writing, Chainlink was down by 0.87% to lead the way down.

BTCUSD 260821 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid the $48,464 pivot to bring the first major resistance level at $49,784 into play.

Support from the broader market would be needed for Bitcoin to break out from $49,500 levels.

Barring a broad-based crypto rally, the first major resistance level and resistance at $50,000 would likely cap any upside.

In the event of an extended crypto rally, Bitcoin could test resistance at the 23.6% FIB of $50,473 before any pullback. The second major resistance level sits at $50,576.

A fall through the $48,464 pivot would bring the first major support level at $47,672 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$47,000 levels. The second major support level sits at $46,352.

The Crypto Daily – Movers and Shakers – August 24th, 2021

Silver and golden coins with bitcoin, ripple and ethereum symbol

Bitcoin, BTC to USD, rose by 0.52% on Monday. Following a 0.88% gain on Sunday, Bitcoin ended the day at $49,525.0.

A bullish start to the day saw Bitcoin rise to a late morning intraday high $50,558.0 before hitting reverse.

Bitcoin broke through the first major resistance level at $49,807 and the second major resistance level at $50,349.

More significantly, Bitcoin also broke through the 23.6% FIB of $50,437 falling to a late intraday low $49,055.0.

Steering clear of the first major support level at $48,664, Bitcoin moved back through to $49,500 levels and into the red.

The near-term bullish trend remained intact, supported by the latest return to $50,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.

The Rest of the Pack

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

Binance Coin surged by 11.27% to lead the way, with Cardano’s ADA (+7.72%) also finding strong support.

Bitcoin Cash SV (+0.85%), Chainlink (+1.85%),  Crypto.com Coin (+2.89%), Ethereum (+2.52%), Litecoin (+0.60%), Polkadot (+0.27%), and Ripple’s XRP (+1.42%) all trailed the front runners, however.

Early in the week, the crypto total market fell to an early Monday low $2,069bn before rising to a Monday high $2,142bn. At the time of writing, the total market cap stood at $2,124bn.

Bitcoin’s dominance rose to an early Monday high 44.69% before falling to a Monday low 43.93%. At the time of writing, Bitcoin’s dominance stood at 43.93%.

This Morning

At the time of writing, Bitcoin was up by 0.29% to $49,668.0. A mixed start to the day saw Bitcoin fall to an early morning low $49,400.0 before rising to a high $49,675.0.

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

Elsewhere, it was a bullish start to the day.

At the time of writing, Crypto.com Coin was up by 0.83% to lead the way.

BTCUSD 240821 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $49,713 pivot to bring the first major resistance level at $50,370 and the 23.6% FIB of $50,473 into play.

Support from the broader market would be needed for Bitcoin to break back through to $50,000 levels.

Barring a broad-based crypto rally, the first major resistance level and 23.6% FIB would likely cap any upside.

In the event of an extended crypto rally, Bitcoin could test resistance at $52,000 before any pullback. The second major resistance level sits at $51,216.

Failure to move through the $49,713 pivot would bring the first major support level at $48,867 into play.

Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$48,000 levels. The second major support level $48,210 should limit the downside.

The Crypto Daily – Movers and Shakers – August 19th, 2021

Depositphotos_197585438_s-2019

Bitcoin, BTC to USD, rose by 0.06% on Wednesday. Partially reversing a 2.70% loss from Tuesday, Bitcoin ended the day at $44,721.0.

A choppy start to the day saw Bitcoin fall to an early morning intraday low $44,266.0 before making a move.

Steering clear of the first major support level at $43,702, Bitcoin rallied to a late intraday high $46,010.0.

Falling short of the first major resistance level at $46,427, however, Bitcoin slid back to end the day at sub-$45,000.

The near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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.

Chainlink fell by 3.14% to lead the way down.

Binance Coin (-1.32%), Bitcoin Cash SV (-0.53%), Crypto.com Coin (-2.46%), and Litecoin (-1.25%) also saw red.

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

Cardano’s ADA rallied by 9.45% to lead the way, with Polkadot (+1.45%) and Ripple’s XRP (+4.46%) finding support.

Ethereum (+0.01%) saw a modest gain on the day, however.

In the current week, the crypto total market rose to a Monday high $2,061bn before falling to a Wednesday low $1,832bn. At the time of writing, the total market cap stood at $1,885bn.

Bitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Wednesday high 45.35%. At the time of writing, Bitcoin’s dominance stood at 44.65%.

This Morning

At the time of writing, Bitcoin was up by 0.07% to $44,752.0. A mixed start to the day saw Bitcoin rise to an early morning high $44,974.0 before falling to a low $44,510.0.

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

Elsewhere, it was a mixed start to the day.

Cardano’s ADA (+1.70%) and Ethereum (+0.02%) avoided the red early on.

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

At the time of writing, Bitcoin Cash SV was down by 1.21% to lead the way down.

BTCUSD 190821 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $44,999 pivot to bring the first major resistance level at $45,732 into play.

Support from the broader market would be needed for Bitcoin to break back out from $45,500 levels.

Barring a broad-based crypto rally, the first major resistance level and Wednesday’s high $46,010.0 would likely cap any upside.

In the event of an extended crypto rally, Bitcoin could test resistance at $48,000 levels before any pullback. The second major resistance level sits at $46,743.

Failure to move through the $44,999 pivot would bring the first major support level at $43,988 into play.

Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$43,000 levels. The second major support level at $43,255 should limit the downside.

The Crypto Daily – Movers and Shakers – August 17th, 2021

Golden bitcoins on the black background closeup. Cryptocurrency virtual money

Bitcoin, BTC to USD, fell by 2.31% on Monday. Following a 0.13% decline on Sunday, Bitcoin ended the day at $45,937.0.

A bullish start to the day saw Bitcoin rise to an early morning intraday high $48,069.0 before hitting reverse.

Bitcoin broke through the first major resistance level at $47,770 before sliding to a late intraday low $45,689.0.

Bitcoin fell through the first major support level at $45,872 before briefly revisiting $46,000 levels.

A bearish end to the day, however, saw Bitcoin briefly fall back through the first major support level before ending the day at $45,900 levels.

The near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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.

Polkadot rallied by 7.96% to lead the way, with Binance Coin (+0.34%), Chainlink (+0.24%) and Crypto.com Coin (+0.81%) also bucking the trend.

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

Ripple’s XRP slid by 7.84% to lead the way down.

Cardano’s ADA (-4.44%), Ethereum (-4.97%), and Litecoin (-3.69%) also saw relatively heavy losses.

Bitcoin Cash SV (-1.54%) had minor losses on the day, however.

Early in the week, the crypto total market rose to a Monday high $2,024bn before falling to a Monday low $1,929bn. At the time of writing, the total market cap stood at $1,917bn.

Bitcoin’s dominance fell to a Monday low 44.04% before rising to a Monday high 44.50%. At the time of writing, Bitcoin’s dominance stood at 44.58%.

This Morning

At the time of writing, Bitcoin was down by 1.06% to $45,451.0. A mixed start to the day saw Bitcoin rise to an early morning high $46,079.0 before falling to a low $45,291.0.

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

Elsewhere, it was a bearish start to the day.

At the time of writing, Ripple’s XRP was down by 3.54% to lead the way down.

BTCUSD 170821 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $46,565 pivot to bring the first major resistance level at $47,441 into play.

Support from the broader market would be needed for Bitcoin to break back through to $47,000 levels.

Barring a broad-based crypto rally, the first major resistance level and Monday’s high $48,069 would likely cap any upside.

In the event of an extended crypto rally, Bitcoin could test resistance at $49,000 levels before any pullback. The second major resistance level sits at $48,945.

Failure to move through the $46,565 pivot would bring the first major support level at $45,061 into play.

Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $44,185.

The Crypto Daily – Movers and Shakers – August 12th, 2021

Pattern of coins LTC, ETH, BTC, XMR, XRP on a dark background. Business concept.

Bitcoin, BTC to USD, slipped by 0.18% on Wednesday. Following a 1.44% loss on Tuesday, Bitcoin ended the day at $45,531.0.

A mixed start to the day saw Bitcoin fall to an early morning intraday low $45,341.0 before making a move.

Steering clear of the first major support level at $44,600, Bitcoin rose to an early afternoon intraday high $46,727.0.

Bitcoin broke through the first major resistance level at $46,660 before falling back to end the day at sub-$46,000 levels.

The near-term bullish trend remained intact, supported by the latest return to $46,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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.

Ripple’s XRP surged by 18.89% to lead the way.

Binance Coin (+5.14%), Bitcoin Cash SV (+4.16%), Cardano’s ADA (+6.93%), Chainlink (+5.57%), and Crypto.com Coin (+6.00%) also found strong support.

Ethereum (+0.65%), Litecoin (+3.24%), and Polkadot (+3.72%) trailed the front runners, however.

In the current week, the crypto total market fell to a Monday low $1,696bn before rising to a Wednesday high $1,944bn. At the time of writing, the total market cap stood at $1,886bn.

Bitcoin’s dominance rose to a Monday high 47.44% before falling to a Wednesday low 45.19%. At the time of writing, Bitcoin’s dominance stood at 45.57%.

This Morning

At the time of writing, Bitcoin was up by 0.43% to $45,727.0. A mixed start to the day saw Bitcoin fall to an early morning low $45,292.0 before rising to a high $45,855.2.

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

Elsewhere, it was a mixed start to the day.

Crypto.com Coin (-1.69%) and Ripple’s XRP (-0.17%) saw red early on to buck the trend.

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

At the time of writing, Cardano’s ADA was up by 2.45% to lead the way.

BTCUSD 120821 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $45,866 pivot to bring the first major resistance level at $46,392 into play.

Support from the broader market would be needed for Bitcoin to break back through to  $46,000 levels.

Barring a broad-based crypto rally, the first major resistance level and Wednesday’s high $46,727.0 would likely cap any upside.

In the event of an extended crypto rally, Bitcoin could test resistance at $48,000 before any pullback. The second major resistance level sits at $47,252.

Failure to move through the $45,866 pivot would bring the first major support level at $45,006 into play.

Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$44,000 levels. The second major support level at $44,480 should limit the downside.