The Crypto Daily – Movers and Shakers – September 23rd, 2020

Bitcoin, BTC to USD, rose by 1.09% on Tuesday. Partially reversing a 4.57% slide from Monday, Bitcoin ended the day at $10,549.0.

It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,377.0 before making a move.

Steering clear of the first major support level at $10,171, Bitcoin rose to a late intraday high $10,597.0.

Falling well short of the first major resistance level at $10,850, Bitcoin eased back to wrap up the day at sub-$10,550 levels.

The near-term bullish trend remained intact, supported by the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Binance Coin and Bitcoin Cash SV rallied by 4.02% and by 5.84% respectively to lead the way.

Bitcoin Cash ABC (+2.05%), Cardano’s ADA (+1.90%), Ethereum (+1.15%), and Litecoin (+3.15%) also made solid gains.

Chainlink (+0.26%), Crypto.com Coin (+0.26%), and Ripple’s XRP (+0.86%) trailed the front runners, however.

At the start of the week, the crypto total market rose to a Monday high $334.04bn before sliding to a Monday low $306.69bn. At the time of writing, the total market cap stood at $316.17bn.

Bitcoin’s dominance fell to a Monday low 60.89% before rising to a high 62.04%. At the time of writing, Bitcoin’s dominance stood at 61.55%.

This Morning

At the time of writing, Bitcoin was down by 0.02% to $10,549.6. A mixed start to the day saw Bitcoin fall to an early morning low $10,540.0 before rising to a high $10,555.0.

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

Elsewhere, it was a mixed start to the day.

Ethereum (-0.27%) and Ripple’s XRP (-0.03%) struggled early on.

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

At the time of writing, Cardano’s ADA was up by 1.01% to lead the way.

BTC/USD 23/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $10,508 pivot level to support a run at the first major resistance level at $10,638.

Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $10,597.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test resistance at $10,700 before any pullback. Bitcoin would likely come up short of the second major resistance level at $10,728, however.

Failure to avoid a fall through the $10,508 pivot would bring the first major support level at $10,418 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,300 levels and the second major support level at $10,288.

The Crypto Daily – Movers and Shakers – September 21st, 2020

Bitcoin, BTC to USD, fell by 1.47% on Sunday. Reversing a 1.29% gain from Saturday, Bitcoin ended week up by 5.84% to $10,934.5.

It was a bearish start to the day. Bitcoin slid from an early morning intraday high $11,098.0 to a late afternoon intraday low $10,779.0.

Bitcoin fell through the first major support level at $10,950 and the second major support level at $10,803.

Finding late support, however, Bitcoin broke back through the second major support level to wrap up the day at $10,930 levels.

The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Bitcoin Cash SV and Tezos led the way down, with losses of 4.78% and 4.11% respectively.

Binance Coin (-3.05%), Bitcoin Cash ABC (-3.60%), and Ethereum (-3.78%) weren’t far behind.

Cardano’s ADA (-2.17%), EOS (-1.05%), Litecoin (-2.89%), Monero’s XMR (-1.72%), Ripple’s XRP (-1.79%), Stellar’s Lumen (-2.16%), and Tron’s TRX (-2.14%) saw relatively modest losses.

It was a mixed week for the crypto majors, however.

Bitcoin Cash ABC (+1.58%), Ethereum (+1.12%), Monero’s XMR (+8.00%), and Ripple’s XRP (+1.83%) bucked the trend in the week.

It was a bearish week for the rest of the pack.

Binance Coin (-15.52%), Tezos (-15.40%), and Tron’s TRX (-11.84%) led the way down.

Bitcoin Cash SV (-6.01%), Cardano’s ADA (-6.07%), EOS (-2.07%), Litecoin (-2.28%), and Stellar’s Lumen (-3.85%) also saw red.

In the week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $330.57bn.

Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 61.25%.

This Morning

At the time of writing, Bitcoin was up by 0.30% to $10,967.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,917.0 before rising to a high $10,967.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (-0.25%), Bitcoin Cash SV (-0.59%), EOS (-0.19%), Litecoin (-0.23%), Monero’s XMR (-0.36%), Ripple’s XRP (-0.22%), and Tezos (-0.19%) saw early losses.

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

At the time of writing, Tron’s TRX was up by 0.62% to lead the way.

BTC/USD 21/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the $10,937 pivot level to support a run at the first major resistance level at $11,095.

Support from the broader market would be needed, however, for Bitcoin to break back through to $11,000 levels.

Barring an extended crypto rally, the first major resistance level and Sunday high $11,098 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,256 before any pullback.

Failure to avoid a fall back through the $10,937 pivot would bring the first major support level at $10,776 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,618 should limit any downside.

The Crypto Daily – Movers and Shakers – September 20th, 2020

Bitcoin, BTC to USD, rose by 1.29% on Saturday. Following a 0.02% slip on Friday, Bitcoin ended the day at $11,098.

It was a range-bound start to the day. Bitcoin dipped to a late morning intraday low $10,920.0 before making a move.

Steering clear of the first major support level at $10,834, Bitcoin struck a mid-day intraday high $11,185.0.

Bitcoin broke through the first major resistance level at $11,073 before easing back.

Coming up against the second major resistance level at $11,188, Bitcoin fell back through the first major resistance level to sub-$11,040 levels.

Finding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $11,090 levels.

The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Binance Coin (-1.74%), Bitcoin Cash SV (-0.70%), Litecoin (-0.14%), Tezos (-2.79%), and Tron’s TRX (-4.81%) saw red on the day.

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

Bitcoin Cash ABC (0.10%), Cardano’s ADA (+0.56%), EOS (+0.47%), Ethereum (+0.16%), Monero’s XMR (+2.11%), Ripple’s XRP (+0.17%), and Stellar’s Lumen (+0.28%) joined Bitcoin in the green.

In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $336.10bn.

Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.89%.

This Morning

At the time of writing, Bitcoin was down by 0.13% to $11,084.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,098.0 to a low $11,081.0

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

Elsewhere, it was another mixed start to the day

Bitcoin Cash SV (+0.31%) and Tezos (+0.28%) bucked the trend with modest gains early on.

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

At the time of writing, Tron’s TRX was down by 0.92% to lead the way down.

BTC/USD 20/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $11,068 pivot level to support a run at the first major resistance level at $11,215.

Support from the broader market would be needed, however, for Bitcoin to breakout from Saturday’s high $11,185.0.

Barring an extended crypto rally, the first major resistance level and current week high $11,185.0 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,333 and resistance at $11,500 before any pullback.

Failure to avoid a fall through the $11,068 pivot would bring the first major support level at $11,950 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level at $11,803 should limit any downside.

The Crypto Daily – Movers and Shakers – September 19th, 2020

Bitcoin, BTC to USD, slipped by 0.02% on Friday. Following on from a 0.11% decline on Thursday, Bitcoin ended the day at $10,957.2.

It was a mixed start to the day. Bitcoin fell to an early low $10,903.4 before making a move.

Steering clear of the first major support level at $10,794, Bitcoin struck a late morning intraday high $11,064.0.

Falling short of the first major resistance level at $11,097, Bitcoin slid to a late afternoon intraday low $10,825.0.

Steering clear of the first major support level at $10,794, Bitcoin revisited $10,970 levels before falling back into the red.

The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Binance Coin (+1.99%), Bitcoin Cash ABC (+0.49%), and Tron’s TRX (+3.35%) bucked the trend on the day.

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

Bitcoin Cash SV (-1.94), Cardano’s ADA (-3.29%), EOS (-1.86%), Ethereum (-1.25%), Stellar’s Lumen (-2.65%), and Tezos (-3.42%) struggled on the day.

Litecoin (-0.68%), Monero’s XMR (-0.55%), and Ripple’s XRP (-0.49%) saw relatively modest losses, however.

In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Thursday high $340.01bn. At the time of writing, the total market cap stood at $333.33bn.

Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.80%.

This Morning

At the time of writing, Bitcoin was up by 0.24% to $10,984.0. A bullish start to the day saw Bitcoin rise from an early morning low $10,957.0 to a high $10,995.8.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV (+0.85%), Cardano’s ADA (+0.25%), Monero’s XMR (+0.23%), and Tron’s TRX (+0.25%) joined Bitcoin in the green.

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

At the time of writing, Tezos was down by 1.44% to lead the way down.

BTC/USD 19/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $10,949 pivot level to support a run at the first major resistance level at $11,073.

Support from the broader market would be needed, however, for Bitcoin to breakout from Friday’s high $11,064.0.

Barring an extended crypto rally, the first major resistance level and current week high $11,105 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,188 before any pullback.

Failure to avoid a fall through the $10,949 pivot would bring the first major support level at $10,834 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level at $10,710 should limit any downside.

The Crypto Daily – Movers and Shakers – September 18th, 2020

Bitcoin, BTC to USD, slipped by 0.11% on Thursday. Following a 1.60% gain on Wednesday, Bitcoin ended the day at $10,959.0.

It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,069.2 before hitting reverse.

Falling short of the first major resistance level at $11,157, Bitcoin slid to an early afternoon intraday low $10,765.9.

Steering clear of the first major support level at $10,734, Bitcoin recovered to a high $10,985.3 before falling back into the red.

The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Binance Coin and Bitcoin Cash ABC bucked the trend, falling by 2.69% and by 0.77% respectively.

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

Ethereum (+6.63%), Monero’s XMR (+4.98%), and Tron’s TRX (+6.96%) led the way.

Cardano’s ADA (+2.78%), Litecoin (+2.41%), and Ripple’s XRP (+2.07%) also found strong support.

Bitcoin Cash SV (+1.19%), EOS (+0.96%), Stellar’s Lumen (+0.49%), and Tezos (+0.13%) trailed the front runners, however.

In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Thursday high $339.95bn. At the time of writing, the total market cap stood at $332.77bn.

Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.54%.

This Morning

At the time of writing, Bitcoin was down by 0.40% to $10,915.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,971.0 before falling to a low $10,912.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin ABC was up by 0.26% to buck the trend early on.

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

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

BTC/USD 18/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move back through the $10,931 pivot level to support a run at the first major resistance level at $11,097.

Support from the broader market would be needed, however, for Bitcoin to breakout from Thursday’s high $11,069.2.

Barring an extended crypto rally, the first major resistance level and current week high $11,105 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,235 before any pullback.

Failure to move back through the $10,931 pivot would bring the first major support level at $10,794 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level sits at $10,628.

The Crypto Daily – Movers and Shakers – September 17th, 2020

Bitcoin, BTC to USD, rose by 1.60% on Wednesday. Following on from a 1.00% gain on Tuesday, Bitcoin ended the day at $10,971.3.

It was a bearish start to the day. Bitcoin fell to an early morning intraday low $10,682.0 before making a move.

Steering clear of the first major support level at $10,647, Bitcoin rallied to a late afternoon intraday high $11,105.0.

Bitcoin broke through the first major resistance level at $10,946 and the second major resistance level at $11,094.

A late pullback, however, saw Bitcoin fall back through the second major resistance level to wrap up the day at sub-$11,000 levels.

The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 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.

Binance Coin (+2.73%), EOS (+0.30%), Ethereum (+0.32%), Ripple’s XRP (+1.66%), and Stellar’s Lumen (+2.71%) joined Bitcoin in the green.

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

Tron’s TRX and Monero’s XMR led the way down, with losses of 3.19% and 5.15% respectively.

Bitcoin Cash ABC (-0.55%), Bitcoin Cash SV (-2.93%), Cardano’s ADA (-1.63%), Litecoin (-1.20%), and Tezos (-1.21%) also struggled.

In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Tuesday high $337.85bn. At the time of writing, the total market cap stood at $335.17bn.

Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.87%.

This Morning

At the time of writing, Bitcoin was up by 0.74% to $11,052.7. A bullish start to the day saw Bitcoin rise from an early morning low $10,947.1 to a high $11,069.2.

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 and Ripple’s XRP were up by 3.77% and by 3.59% to lead the way.

BTC/USD 17/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $10,919 pivot level to support a run at the first major resistance level at $11,157.

Support from the broader market would be needed, however, for Bitcoin to breakout from Wednesday’s high $11,105.0.

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

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,342 before any pullback.

Failure to avoid a fall through the $10,919 pivot would bring the first major support level at $10,734 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level sits at $10,496.

The Crypto Daily – Movers and Shakers – September 15th, 2020

Bitcoin, BTC to USD, rallied by 3.47% on Monday. Reversing a 1.22% decline from Sunday, Bitcoin ended the day at $10,689.9.

It was a bearish start to the day. Bitcoin fell to an early morning intraday low $10,259.0 before making a move.

Steering clear of the first major support level at $10,167, Bitcoin rallied to a late afternoon intraday high $10,773.0.

Bitcoin broke through the first major resistance level at $10,559 to come within range of the second major resistance level at $10,787.

Easing back late in the day, Bitcoin slipped back to sub-$10,700 levels to limit the upside on the day.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Bitcoin Cash SV (-0.60%), Tezos (-0.49%), and Tron’s TRX (-0.58%) saw red to buck the trend on the day.

It was a bullish day for the rest of the pack.

Monero’s XMR led the way, rallying by 6.86%.

Bitcoin Cash ABC (+1.16%), Cardano’s ADA (+1.57%), Ethereum (+2.92%), Litecoin (+1.93%), and Ripple’s XRP (+1.48%) also found strong support.

EOS (+0.16%), Stellar’s Lumen (+0.26%), and Stellar’s Lumen (+0.26%) trailed the front runners.

In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Monday high $333.72bn. At the time of writing, the total market cap stood at $327.96bn.

Bitcoin’s dominance rose from a Monday low 59.64% to a high 60.32%. At the time of writing, Bitcoin’s dominance stood at 60.21%.

This Morning

At the time of writing, Bitcoin was up by 0.01% to $10,691.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,716.2 before falling to a low $10,664.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (-2.72%), EOS (-0.17%), Ethereum (-0.33%), Litecoin (-0.24%), and Tron’s TRX (-0.70%) saw red early on.

It was a relatively bullish start for the rest of the majors.

At the time of writing, Bitcoin Cash SV was up by 1.28% to lead the way.

BTC/USD 15/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $10,574 pivot level to support a run at the first major resistance level at $10,889.

Support from the broader market would be needed, however, for Bitcoin to break out from Monday’s high $10,773.0.

Barring an extended crypto rally, the first major resistance level and resistance at $11,000 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,088 to eye $11,500 levels before any pullback.

Failure to avoid a fall through the $10,574 pivot would bring the first major support level at $10,375 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $10,060 and sub-$10,000.

The Crypto Daily – Movers and Shakers – September 14th, 2020

Bitcoin, BTC to USD, fell by 1.22% on Sunday. Reversing a 0.51% gain from Saturday, Bitcoin ended the week up by 0.54% to $10,331.0.

It was a bullish start to the day. Bitcoin rose to an early morning intraday high $10,623.0 before hitting reverse.

Bitcoin broke through the first major resistance level at $10,538 and the second major resistance level at $10,617.

The reversal saw Bitcoin slide to a late afternoon intraday low $10,231.0.

Bitcoin fell the first major support level at $10,333 before finding late support.

A move back through to $10,330 levels limited the downside on the day. The first major support level at $10,333 pinned Bitcoin back in the final hour, however.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Binance Coin and Tezos rose by 9.26% and by 0.96% to buck the trend on the day.

It was a bearish day for the rest of the pack.

Bitcoin Cash ABC (-3.67%), Bitcoin Cash SV (-3.53%), Ethereum (-5.48%), Stellar’s Lumen (-4.52%), and Tron’s TRX (-6.13%) led the way down.

Cardano’s ADA (-2.76%), EOS (-2.69%), Litecoin (-1.65%), Monero’s XMR (-0.27%), and Ripple’s XRP (-2.39%) saw relatively modest losses on the day.

It was also a mixed week for the majors.

Bitcoin Cash ABC (-3.91%), Bitcoin Cash SV (-0.28%), EOS (-6.09%), and Tron’s TRX (-2.54%) saw red for the week.

It was a bullish week for the rest of the pack.

Binance Coin surged by 34.54% to lead the way.

Cardano’s ADA (2.64%), Ethereum (3.89%), Litecoin (+0.50%), Monero’s XMR (6.93%), Ripple’s XRP (1.02%), Stellar’s Lumen (3.52%), and Tezos (2.97%) joined Bitcoin in the green.

In the week, the crypto total market fell to a Tuesday low $297.87bn before rising to a Sunday high $331.58bn. At the time of writing, the total market cap stood at $320.00bn.

Bitcoin’s dominance rose to a Monday high 61.28% before falling to a Sunday low 58.97%. At the time of writing, Bitcoin’s dominance stood at 59.90%.

This Morning

At the time of writing, Bitcoin was up by 0.42% to $10,374.1. A mixed start to the day saw Bitcoin fall to an early morning low $10,259.0 before rising to a high $10,381.0.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash ABC (+0.06%), Ethereum (+0.31%), Litecoin (+0.02%), Ripple’s XRP (+0.59%), and Stellar’s Lumen (+0.43%) found early support.

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

At the time of writing, Binance Coin was down by 4.75% to lead the way down.

BTC/USD 14/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $10,395 pivot level to support a run at the first major resistance level at $10,559.

Support from the broader market would be needed, however, for Bitcoin to break back through to $10,500 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $10,500 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test resistance at $10,700 before any pullback. Bitcoin would likely fall short of the second major resistance level at $10,787, however.

Failure to move through the $10,395 pivot would bring the first major support level at $10,167 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,000. The second major support level at $10,003 should limit any downside.

The Crypto Daily – Movers and Shakers – September 13th, 2020

Bitcoin, BTC to USD, rose by 0.51% on Saturday. Following on from a 0.49% gain on Friday, Bitcoin ended the day at $10,458.0.

It was a mixed start to the day. Bitcoin rose to an early morning high $10,415.0 before sliding to an early afternoon intraday low $10,287.0.

Steering clear of the first major support level at $10,255, Bitcoin rallied to a late afternoon intraday high $10,492.0.

Coming up against the first major resistance level at $10,496 and resistance at $10,500, Bitcoin eased back to limit the upside on the day.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Bitcoin Cash SV (-0.14%) and Tron’s TRX (-2.39%) saw red to buck the trend on the day.

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

Binance Coin surged by 12.08% to lead the way.

Bitcoin Cash ABC (+2.53%), Ethereum (+3.71%), Litecoin (+3.80%), Monero’s XMR (+2.83%), and Ripple’s XRP (+1.90%) also found strong support.

Cardano’s ADA (+0.73%), EOS (+0.60%), Stellar’s Lumen (+0.26%), and Tezos (+0.94%) trailed the pack, however.

In the current week, the crypto total market fell to a Tuesday low $297.87bn before rising to a Saturday high $327.48bn. At the time of writing, the total market cap stood at $324.97bn.

Bitcoin’s dominance rose to a Monday high 61.28% before falling to a Saturday low 59.17%. At the time of writing, Bitcoin’s dominance stood at 59.28%.

This Morning

At the time of writing, Bitcoin was down by 0.22% to $10,435.3. A bearish start to the day saw Bitcoin fall from an early morning high $10,461.1 to an early morning low $10,435.0.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash ABC (+0.39%), Bitcoin Cash SV (+0.94%), and Ripple’s XPR (+0.20%) found support early on.

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

At the time of writing, Tron’s TRX was down by 1.28% to lead the way down.

BTC/USD 13/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $10,412 pivot level to support a run at the first major resistance level at $10,538.

Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $10,492.0.

Barring an extended crypto rally, the first major resistance level and resistance at $10,500 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,617.

Failure to avoid a fall through the $10,412 pivot would bring the first major support level at $10,333 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200. The second major support level at $10,207 should limit any downside.

The Crypto Daily – Movers and Shakers – September 12th, 2020

Bitcoin, BTC to USD, rose by 0.49% on Friday. Following on from a 1.11% gain on Thursday, Bitcoin ended the day at $10,405.0.

It was a mixed start to the day. Bitcoin rose to an early morning high $10,397.0 before sliding to an early morning intraday low $10,197.0.

Bitcoin fell through the first major support level at $10,220 before rallying to a late intraday high $10,438.0.

Falling short of the first major resistance level at $10,503, Bitcoin eased back to limit the upside on the day.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Bitcoin Cash ABC (-1.01%), Bitcoin Cash SV (-1.60%), Cardano’s ADA (-0.25%), Monero’s XMR (-1.95%), and Ripple’s XRP (-0.10%) saw red on the day.

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

Binance Coin (+3.50%), EOS (+0.39%), Ethereum (+1.63%), Litecoin (+0.55%), Stellar’s Lumen (+3.11%), Tezos (+0.02%), and Tron’s TRX (+1.44%) joined Bitcoin in the green.

In the current week, the crypto total market fell to a Tuesday low $297.87bn before rising to a Thursday high $325.95bn. At the time of writing, the total market cap stood at $319.75bn.

Bitcoin’s dominance rose to a Monday high 61.28% before falling to a Friday low 59.51%. At the time of writing, Bitcoin’s dominance stood at 59.79%.

This Morning

At the time of writing, Bitcoin was down by 0.44% to $10,359.4. A mixed start to the day saw Bitcoin rise to an early morning high $10,415.0 before falling to a low $10,351.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (+3.92%), Bitcoin Cash SV (+0.44%), Cardano’s ADA (+0.80%), and Stellar’s Lumen (+0.65%) found early support.

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

At the time of writing, Tezos was down by 2.00% to lead the way down.

BTC/USD 12/09/20 Daily Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $10,347 pivot level to support a run at the first major resistance level at $10,496.

Support from the broader market would be needed, however, for Bitcoin to break out from $10,450 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $10,500 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,588.

Failure to avoid a fall through the $10,347 pivot would bring the first major support level at $10,255 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,000. The second major support level at $10,106 should limit any downside.

The Crypto Daily – Movers and Shakers – September 11th, 2020

Bitcoin, BTC to USD, rose by 1.11% on Thursday. Following on from a 0.89% gain on Wednesday, Bitcoin ended the day at $10,355.0.

It was a bullish start to the day. Bitcoin rose from an early morning intraday low $10,223.1 to an early afternoon intraday high $10,516.0.

Bitcoin broke through the first major resistance level at $10,396 before easing back.

Coming up against resistance at $10,500, Bitcoin fell to an afternoon low $10,266.0 before finding support.

Late in the day, Bitcoin moved back through to $10,300 levels to deliver the upside. Bitcoin fell well short of the major resistance levels, however.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Bitcoin Cash ABC (-0.06%), Bitcoin Cash SV (-0.82%), and Tron’s TRX (-3.07%) saw red to buck the trend on the day.

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

Cardano’s ADA (+4.17%), Ethereum (+4.83%), and Stellar’s Lumen (+3.75%) led the way.

Binance Coin (+0.29%), EOS (+0.96%), Litecoin (+1.90%), Monero’s XMR (+1.53%), Ripple’s XRP (+1.82%), and Tezos (+1.75%) trailed the front runners.

In the current week, the crypto total market fell to a Tuesday low $297.87bn before rising to a Thursday high $325.88bn. At the time of writing, the total market cap stood at $319.65bn.

Bitcoin’s dominance rose to a Monday high 61.28% before falling to a Thursday low 59.54%. At the time of writing, Bitcoin’s dominance stood at 59.93%.

This Morning

At the time of writing, Bitcoin was up by 0.22% to $10,377.7. A bullish start to the day saw Bitcoin rise from an early morning low $10,351.0 to a high $10,397.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (-1.71%), Bitcoin Cash SV (-0.56%), Cardano’s Ada (-0.24%), Litecoin (-0.14%), Monero’s XMR (-0.05%), and Ripple’s XRP (-0.05%) saw red early on.

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

At the time of writing, Tron’s TRX was up by 1.74% to lead the way.

BTC/USD 11/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the $10,368 pivot level to support a run at the first major resistance level at $10,503.

Support from the broader market would be needed, however, for Bitcoin to break out from $10,450 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $10,500 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,651 and resistance at $10,700.

Failure to avoid a fall back through the $10,368 pivot would bring the first major support level at $10,220 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,000. The second major support level at $10,085 should limit any downside.

The Crypto Daily – Movers and Shakers – September 9th, 2020

Bitcoin, BTC to USD, slid by 2.42% on Tuesday. Reversing a 1.18% gain from Monday, Bitcoin ended the day at $10,148.0.

It was a mixed start to the day. Bitcoin rose to an early morning intraday high $10,464.0 before hitting reverse.

Falling short of the first major resistance level at $10,579, Bitcoin slid to a late intraday low $9,882.4.

Bitcoin fell through the first major support level at $10,065 recovering to wrap up the day at $10,100 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Binance Coin (+3.56%), Monero’s XMR (+1.64%), and Tron’s TRX (+8.15%) bucked the trend on the day.

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

Ethereum and EOS led the way down, with losses of 4.59% and 3.26% respectively.

Bitcoin Cash ABC (-2.23%), Bitcoin Cash SV (-2.53%), Cardano’s ADA (-2.65%), Litecoin (-2.82%), Ripple’s XRP (-2.42%), Stellar’s Lumen (-1.77%), and Tezos (-2.29%) also joined Bitcoin in the red.

In the current week, the crypto total market fell to a Monday low $298.39bn before rising to a Tuesday high $317.82bn. At the time of writing, the total market cap stood at $308.44bn.

Bitcoin’s dominance fell to a Monday low 60.36% before rising to a Monday high 61.19%. At the time of writing, Bitcoin’s dominance stood at 60.65%.

This Morning

At the time of writing, Bitcoin was down by 0.11% to $10,137.2. A mixed start to the day saw Bitcoin fall to an early morning low $10,103.0 before rising to a high $10,166.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (+1.16%), Bitcoin Cash SV (+0.22%), Ethereum (+0.06%), Litecoin (+0.34%), and Tron’s TRX (+1.61%) found early support

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

At the time of writing, Stellar’s Lumen was down by 0.62% to lead the way down.

BTC/USD 09/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $10,165 pivot level to support a run at the first major resistance level at $10,447.

Support from the broader market would be needed, however, for Bitcoin to break back through to $10,400 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $10,464.0 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test resistance at $10,700 before any pullback. The second major resistance level sits at $10,746.

Failure to move through the $10,165 pivot would bring the first major support level at $9,866 into play.

Barring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,583.

The Crypto Daily – Movers and Shakers – September 7th, 2020

Bitcoin, BTC to USD, rose by 0.71% on Sunday. Partially reversing a 2.74% slide from Saturday, Bitcoin ended the week down by 12.39% to $10,276.

It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,031.0 before making a move.

Steering clear of the first major support level at $9,884, Bitcoin struck a late intraday high $10,365.1.

Falling short of the first major resistance level at $10,551, Bitcoin eased back to wrap up the day at sub-$10,300.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Bitcoin Cash ABC and EOS ended the day down by 0.79% and by 1.16% respectively to buck the trend.

It was a bullish end to the week for the rest of the majors, however.

Binance Coin surged by 18.99% to lead the way.

Cardano’s ADA (+3.10%), Ethereum (+5.23%), Monero’s XMR (+2.81%), Stellar’s Lumen (+2.59%), Tezos (+2.75%), and Tron’s TRX (+5.39%) also found strong support.

Bitcoin Cash SV (+0.01%), Litecoin (+0.15%), and Ripple’s XRP (+1.15%) trailed the front runners.

For the week ending 6th September, it was also a mixed bag for the majors.

Tron’s TRX rallied by 16.44% to buck the trend.

It was a bearish week for the rest of the majors.

Tezos (-24.62%), Litecoin (-23.85%), Stellar’s Lumen (-21.20%), and Cardano’s ADA (-20.98%) led the way down.

Bitcoin Cash ABC (-19.22%), Bitcoin Cash SV (-17.39%), Ethereum (-17.75%), Monero’s XMR (-16.73%), and Ripple’s XRP (-15.34%) also saw heavy losses.

Binance Coin (-1.90%) and EOS (-10.64%) saw relatively modest losses in the week.

In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Saturday low $293.54bn. At the time of writing, the total market cap stood at $314.76bn.

Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Saturday high 62.01%. At the time of writing, Bitcoin’s dominance stood at 60.41%.

This Morning

At the time of writing, Bitcoin was up by 0.53% to $10,330. A mixed start to the day saw Bitcoin fall to an early morning low $10,267.0 before striking a high $10,330.0.

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, Stellar’s Lumen was up by 2.17% to lead the way.

BTC/USD 07/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $10,224 pivot level to support a run at the first major resistance level at $10,417.

Support from the broader market would be needed, however, for Bitcoin to break out from Sunday’s high $10,365.1.

Barring an extended crypto rally, the first major resistance level and Sunday’s high would likely cap any upside.

In the event of a crypto breakout, the second major resistance level at $10,558 would likely come into play.

Failure to avoid a fall through the $10,224 pivot would bring the first major support level at $10,083 into play.

Barring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,890.

The Crypto Daily – The Movers and Shakers – September 6th, 2020

Bitcoin, BTC to USD, slid by 2.74% on Saturday. Partially reversing a 3.13% gain from Friday, Bitcoin ended the day at $10,196.9.

It was a mixed start to the day. Bitcoin rose to an early morning intraday high $10,593.0 before hitting reverse.

Falling short of the first major resistance level at $10,764, Bitcoin slid to a late intraday low $9,925.5.

Bitcoin fell through the first major support level at $10,086 before finding late support.

Late in the day, Bitcoin moved back through the first major support level to wrap up the day at $10,190 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Tron’s TRX and Ethereum tumbled by 15.96% and by 13.69% respectively to lead the way down.

Binance Coin (-7.32%), Cardano’s ADA (-11.59%), Ripple’s XRP (-6.62%), Stellar’s Lumen (-7.32%), and Tezos (-9.61%) also saw particularly heavy losses.

Bitcoin Cash ABC (-5.07%), EOS (-2.02%), Litecoin (-5.77%), and Monero’s XMR (-5.98%) saw relatively modest losses.

Bitcoin Cash SV bucked the trend on the day, rising by 0.25%.

In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Saturday low $279.73bn. At the time of writing, the total market cap stood at $306.87bn.

Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Saturday high 61.97%. At the time of writing, Bitcoin’s dominance stood at 61.36%.

This Morning

At the time of writing, Bitcoin was up by 0.23% to $10,220.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,147.0 before rising to a high $10,225.0.

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

Elsewhere, it was a mixed start to the day.

Bianance Coin (-0.79%) and Tezos (-0.56%) saw red early on.

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

At the time of writing, Bitcoin Cash SV was up by 2.24% to lead the way early on.

BTC/USD 06/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $10,239 pivot level to support a run at the first major resistance level at $10,551.

Support from the broader market would be needed, however, for Bitcoin to break back through to $10,500 levels.

Barring an extended crypto rally, the first major resistance level and Saturday’s high $10,593.0 would likely cap any upside.

In the event of a crypto breakout, the second major resistance level at $10,906 would likely come into play.

Failure to move through the $10,239 pivot would bring the first major support level at $9,884 into play.

Barring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,571.

The Crypto Daily – Movers and Shakers – September 5th, 2020

Bitcoin, BTC to USD, rose by 3.13% on Friday. Partially reversing a 10.80% tumble from Thursday, Bitcoin ended the day at $10,484.7.

It was a mixed start to the day. Bitcoin fell to an early morning low $10,095 before making a move.

Steering clear of the first major support level at $9,620, Bitcoin rallied to a late intraday high $10,644.0.

Falling well short of the first major resistance level at $11,090, Bitcoin eased back to sub-$10,500 levels.

The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Tron’s TRX bucked the trend once more, sliding by 11.42% to partially reverse Thursday’s 15.94% breakout.

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

EOS led the way, rallying by 14.50%.

Bitcoin Cash ABC (+6.93%), Cardano’s ADA (+7.45%), Monero’s XMR (+5.53%), and Tezos (+7.20%) also found strong support.

Binance Coin (+3.04%), Bitcoin Cash SV (+3.58%), Ethereum (+1.50%), Litecoin (+1.22% Ripple’s XRP (+3.82%), and Stellar’s Lumen (+1.83%) trailed the front runners.

In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Thursday low $303.72bn. At the time of writing, the total market cap stood at $322.50bn.

Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Thursday high 60.77%. At the time of writing, Bitcoin’s dominance stood at 59.75%.

This Morning

At the time of writing, Bitcoin was down by 0.40% to $10,443.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,593.0 before falling to a low $10,442.0.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash ABC (-0.17%), Ethereum (-0.35%), and Litecoin (-1.34%) joined Bitcoin in the red.

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

At the time of writing, EOS was up by 1.55% to lead the way.

BTC/USD 05/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $10,365 pivot level to support a run at the first major resistance level at $10,764.

Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,644.0.

Barring an extended crypto rally, the first major resistance level and Friday’s high would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test resistance at $11,000 before any pullback. The second major resistance level sits at $11,043.

Failure to avoid a fall through the $10,365 pivot would bring the first major support level at $10,086 into play.

Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$10,000 levels on the day. The second major support level sits at $9,687.

The Crypto Daily – Movers and Shakers – September 4th, 2020

Bitcoin, BTC to USD, slid by a further 10.80% on Thursday. Following on from a 4.48% pullback on Wednesday, Bitcoin ended the day at $11,408.0.

It was a mixed start to the day. Bitcoin recovered from an early dip to strike a late morning intraday high $11,461.0 before hitting reverse.

Falling well short of the first major resistance level at $11,861.0, Bitcoin slid to a mid-afternoon low $10,510.0.

Bitcoin fell through the first major support level at $11,069 and the second major support level at $10,730.

Finding late morning support, Bitcoin moved back through the second major support level before a 2nd sell-off. The sell-off saw Bitcoin fall to a late intraday low $9,990.9.

Bitcoin fell back through the second major support level to sub-$10,000 before wrapping up the day at $10,170 levels.

The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Tron’s TRX bucked the trend, surging by 15.94%.

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

Binance Coin (-17.53%), Bitcoin Cash ABC (-18.73%), Bitcoin Cash SV (-18.37%), Cardano’s ADA (-17.64%), and Tezos (-18.54%) led the way down.

EOS (-15.65%), Ethereum (-12.98%), Litecoin (-13.85%), Monero’s XMR (-14.71%), and Ripple’s XRP (-11.35%) also saw heavy losses.

Stellar’s Lumen saw a relatively modest 7.73% loss on the day.

In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Thursday low $320.1bn. At the time of writing, the total market cap stood at $317.90bn.

Bitcoin’s dominance rose to a Monday high 60.44% before falling to a Wednesday low 58.79%. At the time of writing, Bitcoin’s dominance stood at 60.07%.

This Morning

At the time of writing, Bitcoin was up by 1.67% to $10,340.3. A mixed start to the day saw Bitcoin fall to an early morning low $10,095.0 before rising to high $10,345.0.

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

Elsewhere, it was a mixed start to the day.

Litecoin (-3.38%) and Tron’s TRX (-0.89%) saw red early on.

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

At the time of writing, Bitcoin Cash SV was up by 6.91% to lead the recovery.

BTC/USD 04/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $10,541 pivot level to support a run at the first major resistance level at $11,090.

Support from the broader market would be needed, however, for Bitcoin to break back through to $11,000 levels.

Barring an extended crypto rally, resistance at $11,000 would likely leave Bitcoin short of the first major resistance level.

In the event of a crypto breakout, Bitcoin could test resistance at $11,500 before any pullback. The second major resistance level sits at $12,011.

Failure to move through the $10,541 pivot would bring the first major support level at $9,620 into play.

Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$9,500 levels on the day. The second major support level sits at $9,071.

The Crypto Daily – Movers and Shakers – September 2nd, 2020

Bitcoin, BTC to USD, rose by 2.32% on Tuesday. Reversing a 0.50% fall from Monday, Bitcoin ended the day at $11,942.0.

A bearish start to the day saw Bitcoin slide to an early morning intraday low $11,552.0 before making a move.

Bitcoin fell through the first major support level at $11,584, before rallying to a late intraday high $12,067.0.

The day-long rally saw Bitcoin break through the first major resistance level at $11,774 and the second major resistance level at $11,877.

Coming up against the third major resistance level at $12,067, Bitcoin eased back to end the day at sub-$12,000 levels.

The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Tron’s TRX led the way, surging by 19.05%.

Binance Coin (+6.74%), Bitcoin Cash ABC (+7.45%), EOS (+8.11%), Ethereum (+9.61%), and Tezos (+6.17%) also made strong gains.

Bitcoin Cash SV (+5.47%), Cardano’s ADA (+1.50%), Litecoin (+2.92%), Monero’s XMR (+3.89%), Ripple’s XRP (+4.97%), and Stellar’s Lumen (+2.15%) trailed the front runners.

In the current week, the crypto total market fell to a Monday low $353.82bn before rising to a Tuesday high $379.05bn. At the time of writing, the total market cap stood at $371.00bn.

Bitcoin’s dominance rose to a Monday high 60.44% before falling to a Tuesday low 58.822%. At the time of writing, Bitcoin’s dominance stood at 59.31%.

This Morning

At the time of writing, Bitcoin was down by 0.08% to $11,933.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,975.0 before falling to a low $11,906.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (+1.79%), Ripple’s XRP (+2.09%), and Stellar’s Lumen (+0.48%) found support early on.

While Litecoin and Bitcoin Cash SV were flat at the time of writing, it was a bearish start for the rest of the majors.

At the time of writing, Tron’s TRX was down by 3.12% to lead the way down.

BTC/USD 02/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $11,854 pivot level to support a run at the first major resistance level at $12,155.

Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $12,067.

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

In the event of a crypto breakout, the second major resistance level at $12,369 would likely be tested.

Failure to avoid a fall through the $11,854 pivot would bring the first major support level at $11,640 into play.

Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 levels on the day. The second major support level sits at $11,339.

The Crypto Daily – Movers and Shakers – August 31st, 2020

Bitcoin, BTC to USD, rose by 2.07% on Sunday. Reversing a 0.46% decline Saturday, Bitcoin ended the week up by 0.57% to $11,730.0.

It was a bullish start to the day. Bitcoin rallied from an early morning intraday low $11,480.0 to a late afternoon high $11,721.0.

Bitcoin broke through the first major resistance level at $11,582 and the second major resistance level at $11,672.

Late in the day, Bitcoin fell back to $11,620 levels before breaking back through the second major resistance level at $11,672.

The late recovery saw Bitcoin strike an intraday high $11,730 in the final hour.

The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Ethereum (+7.62%), Litecoin (+10.45%), and Tron’s TRX (+8.65%) led the way.

Binance Coin (+2.87%), Bitcoin Cash ABC (+3.25%), Bitcoin Cash SV (+3.32%), EOS (+4.20%), Monero’s XMR (+3.86%), and Ripple’s XRP (+3.28%) also made solid gains.

Cardano’s ADA (+0.96%), Stellar’s Lumen (+2.01%), and Tezos (+1.13%) trailed the front runners.

For the week, it was a mixed bag for the majors, however.

Binance Coin (+8.00%), Bitcoin Cash SV (+1.11%), Ethereum (+9.73%), Litecoin (+3.76%), Monero’s XMR (+6.38%), and Tron’s TRX (+11.05%) joined Bitcoin in the green.

It was a bearish week for the rest of the majors.

Bitcoin Cash ABC (-1.78%), Cardano’s ADA (-3.48%), EOS (-1.92%), Ripple’s XRP (-0.62%), Stellar’s Lumen (-4.55%), and Tezos (-3.75%) saw red.

In the week, the crypto total market fell to a Thursday low $329.40bn before rising to a Sunday high $359.74bn. At the time of writing, the total market cap stood at $357.31bn.

Bitcoin’s dominance rose to a Thursday high 62.28% before falling to a Sunday low 60.17%. At the time of writing, Bitcoin’s dominance stood at 60.54%.

This Morning

At the time of writing, Bitcoin was up by 0.04% to $11,735.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,713.0 before striking a high $11,744.0.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV (-0.77%), EOS (-0.24%), and Ethereum (-0.71%) saw red early on.

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

At the time of writing, Tezos was up by 0.73% to lead the way.

BTC/USD 31/08/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $11,647 pivot level to support a run at the first major resistance level at $11,813.

Support from the broader market would be needed, however, for Bitcoin to break out from this morning’s high $11,744.0.

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

In the event of a crypto breakout, the second major resistance level at $11,897 and resistance at $12,000 would likely be tested.

A fall through the $11,647 pivot would bring the first major support level at $11,563 into play.

Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 levels on the day. The second major support level sits at $11,397.

The Crypto Daily – Movers and Shakers – August 30th, 2020

Bitcoin, BTC to USD, fell by 0.46% on Saturday. Partially reversing a 1.78% gain from Friday, Bitcoin ended the day at $11,492.0.

It was a mixed start to the day. Bitcoin fell to an early morning low $11,483.0 before rising to a late morning intraday high $11,606.3.

Falling short of the first major resistance level at $11,640, Bitcoin slid to a late morning intraday low $11,450.0.

Steering clear of the first major support level at $11,376, Bitcoin moved back through to $11,500 levels.

A bearish end to the day, however, saw Bitcoin slip back to sub-$11,500 levels and into the red.

The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Binance Coin (-0.61%), Bitcoin Cash ABC (-0.47%), Bitcoin Cash SV (-0.78%), Litecoin (-0.71%), and Monero’s XMR (-2.06%) joined Bitcoin in the red.

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

Cardano’s ADA rallied by 6.34% to lead the way.

EOS (+0.27%), Ethereum (+0.82%), Ripple’s XRP (+0.80%), Stellar’s Lumen (+0.59%), Tezos (+2.65%), and Tron’s TRX (+4.22%) also made gains on the day.

In the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $351.97bn.

Bitcoin’s dominance rose to a Tuesday high 62.13% before falling to a Saturday low 60.69%. At the time of writing, Bitcoin’s dominance stood at 61.01%.

This Morning

At the time of writing, Bitcoin was up by 1.36% to $11,648.0. A bullish start to the day saw Bitcoin rise from an early morning low $11,480.0 to a high $11,668.4.

Bitcoin broke through the first major resistance level at $11,582 early on.

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

At the time of writing, Tron’s TRX was up by 5.15% to lead the way.

BTC/USD 30/08/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through to sub-$11,600 levels to support a run at the second major resistance level at $11,672.

Support from the broader market would be needed, however, for Bitcoin to break out from the morning high $11,668.4.

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

In the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The third major resistance level sits at $11,829.

A fall back through to sub-$11,600 levels and the $11,516 pivot would bring the first major support level at $11,426 into play.

Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,400 levels on the day. The second major support level sits at $11,360.

The Crypto Daily – Movers and Shakers – August 29th, 2020

Bitcoin, BTC to USD, rose by 1.78% on Friday. Reversing a 1.12% decline from Thursday, Bitcoin ended the day at $11,545.0.

A bullish start to the day saw Bitcoin rise from an early morning intraday low $11,303.0 to a mid-afternoon intraday high $11,567.0.

Steering clear of the major support levels, Bitcoin came within range of the first major resistance level at $11,586.

A late afternoon pullback saw Bitcoin fall to sub-$11,500 levels before a final hour move back through to $11,500 levels.

The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

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

Binance Coin slipped by 0.13% to buck the trend on the day.

It was a bullish day for the rest of the majors. Monero’s XMR and EOS rallied by 5.92% and by 4.63% to lead the way.

Bitcoin Cash SV (+2.42%), Cardano’s ADA (+2.01%), Ethereum (+3.18%), Litecoin (+2.28%), Ripple’s XRP (+2.59%), Stellar’s Lumen (+2.01%), and Tron’s TRX (+3.80%) also found strong support.

Bitcoin Cash ABC (+0.55%) and Tezos (+1.52%) trailed the front runners on the day.

In the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $346.76bn.

Bitcoin’s dominance fell to a Monday low 60.80% before rising to a Tuesday high 62.13%. At the time of writing, Bitcoin’s dominance stood at 61.33%.

This Morning

At the time of writing, Bitcoin was down by 0.19% to $11,523.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,555.0 to a low $11,483.0.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV (+1.36%), Cardano’s ADA (+0.18%), Litecoin (+0.10%), Monero’s XMR (+0.19%), and Tron’s TRX (+0.62%) found early support.

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

At the time of writing, Stellar’s Lumen was down by 0.68% to lead the way down.

BTC/USD 29/08/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $11,472 to support a run at the first major resistance level at $11,640.

Support from the broader market would be needed, however, for Bitcoin to break back through to $11,600 levels.

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

In the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,736.

A fall through the $11,472 pivot level would bring the first major support level at $11,376 into play.

Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,000 levels. The second major support level at $11,208 should limit any downside.