The Crypto Daily – Movers and Shakers – December 26th, 2020

Bitcoin, BTC to USD, rallied by 4.11% on Friday. Following on from a 2.31% gain on Thursday, Bitcoin ended the day at $24,720.1.

It was another mixed start to the day. Bitcoin fell to an early morning low $23,420.0 before making a move.

Steering clear of the first major support level at $23,033, Bitcoin rallied to a late morning high $24,722.0.

Bitcoin broke through the first major resistance level at $24,122 and the second major resistance level at $24,501 before hitting reverse.

The reversal saw Bitcoin slide to an early afternoon intraday low $22,855.

Bitcoin fell through the first major support level at $23,033 before hitting a late intraday high and a new swing hi $24,802.0.

The rebound saw Bitcoin break back through the first and second major resistance levels to wrap up the day at $24,700 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 $11,946 to form a near-term bearish trend.

The Rest of the Pack

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

Chainlink (-0.29%), Polkadot (-2.20%), and Ripple’s XRP (-5.94%) saw red to buck the trend on the day.

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

Litecoin rallied by 14.84% to lead the way.

Bitcoin Cash SV (+2.96%), Cardano’s ADA (+2.99%), and Crypto.com Coin (+3.96%) also found relatively strong support.

Binance Coin (+2.13%) and Ethereum (+2.37%) trailed the front runners, however.

In the current week, the crypto total market cap rose to a Monday high $671.50bn before sliding to a Wednesday low $590.85bn. At the time of writing, the total market cap stood at $657.72bn.

Bitcoin’s dominance rose from a Monday low 66.74% to a Wednesday high of 71.14%. At the time of writing, Bitcoin’s dominance stood at 69.49%.

This Morning

At the time of writing, Bitcoin was down by 0.51% to $24,594.0. A mixed start to the day saw Bitcoin rise to an early morning high $24,775.0 before falling to a low $24,550.0.

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

Elsewhere, it was a mixed start to the day.

Ripple’s XRP (-2.02%), Cardano’s ADA (-0.29%), and Litecoin (-0.12%) joined Bitcoin in the 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 2.42% to lead the way.

BTCUSD 261220 Monthly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $24,126 to bring the first major resistance level at $25,396 into play.

Support from the broader market would be needed for Bitcoin to break out from Friday’s high $24,802.0.

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

In the event of another extended crypto rally, Bitcoin could test resistance at $26,000 before any pullback. The second major resistance level sits at $26,073.

Failure to avoid a fall through the $24,126 pivot would bring the first major support level at $23,449 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$23,000 levels. The second major support level sits at $22,179.

The Crypto Daily – Movers and Shakers – December 25th, 2020

Bitcoin, BTC to USD, rose by 2.31% on Thursday. Reversing most of Wednesday’s 2.50% fall, Bitcoin ended the day at $23,743.5.

It was another mixed start to the day. Bitcoin fell to an early morning intraday low $22,701.0 before making a move.

Steering clear of the first major support level at $22,527, Bitcoin rallied to a final hour intraday high $23,790.0.

Falling short of the first major resistance level at $24,016, Bitcoin eased back to end the day at $23,740 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 mixed day on Thursday.

Crypto.com Coin slid by 5.12% to buck the trend on the day.

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

Ripple’s XRP surged by 29.65% to lead the way.

Cardano’s ADA (+11.78%) and Litecoin (+8.53%) also found strong support.

Binance Coin (+4.15%), Bitcoin Cash SV (+3.85%), Chainlink (+5.17%), Ethereum (+4.60%), and Polkadot (+6.11%) trailed the front runners, however.

In the current week, the crypto total market cap rose to a Monday high $671.50bn before sliding to a Wednesday low $590.85bn. At the time of writing, the total market cap stood at $635.77bn.

Bitcoin’s dominance rose from a Monday low 66.74% to a Wednesday high of 71.14%. At the time of writing, Bitcoin’s dominance stood at 69.01%.

This Morning

At the time of writing, Bitcoin was down 0.39% to $23,651.0. A mixed start to the day saw Bitcoin rise to an early morning high $23,831.0 before falling to a low $23,567.0.

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

Elsewhere, it was another mixed start to the day.

Bitcoin Cash SV (+0.67%), Cardano’s ADA (+0.94%), Crypto.com Coin (+3.96%), and Polkadot (+0.42%) 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, Ripple’s XRP was down by 0.72% to lead the way down.

BTCUSD 251220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $23,412 to bring the first major resistance level at $24,122 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 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 $24,501.

Failure to avoid a fall through the $23,412 pivot would bring the first major support level at $23,033 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$23,000 levels. The second major support level sits at $22,323.

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

Bitcoin, BTC to USD, rallied by 4.82% on Tuesday. Reversing a 3.05% fall from Monday, Bitcoin ended the day at $23,805.9.

It was another mixed start to the day. Bitcoin fell to a late morning intraday low $22,348.0 before making a move.

Steering clear of the first major support level at $21,705, Bitcoin rallied to a late intraday high $23,812.0.

Falling short of the first major resistance level at $23.898, Bitcoin eased back to end the day at $23,805 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 mixed day on Tuesday.

Bitcoin Cash SV (-2.29%), Crypto.com Coin (-2.11%), and Ripple’s XRP (-13.20%) saw red to buck the trend on the day.

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

Litecoin rallied by 9.40% to lead the way.

Binance Coin (+4.56%), Chainlink (+3.95%), and Ethereum (+4.73%) also found strong support.

Cardano’s ADA (+2.36%), and Polkadot (+0.85%) trailed the front runners on the day.

At the start of the week, the crypto total market cap rose to a Monday high $671.47bn before sliding to a low $601.73bn. At the time of writing, the total market cap stood at $648.64bn.

Bitcoin’s dominance rose from a Monday low 66.74% to a Tuesday high of 68.36%. At the time of writing, Bitcoin’s dominance stood at 68.18%.

This Morning

At the time of writing, Bitcoin was down by 0.13% to $23,774.0. A mixed start to the day saw Bitcoin fall to an early morning low $23,691.0 before rising to a high $23,853.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (+1.76%), Bitcoin Cash SV (+2.62%), Cardano’s ADA (+0.18%), and Polkadot (+0.28%) 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 5.42% to lead the way.

BTCUSD 231220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $23,322 to bring the first major resistance level at $24,296 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 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 $24,786.

Failure to avoid a fall through the $23,322 pivot would bring the first major support level at $22,832 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$22,000 levels. The second major support level sits at $21,858.

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

Bitcoin, BTC to USD, fell by 1.57% on Sunday. Partially reversing a 2.96% gain from Saturday, Bitcoin ended the week up by 22.14% to $23,427.0.

It was another mixed start to the day. Bitcoin fell to an early morning intraday low $23,101.0 before making a move.

Steering clear of the first major support level at $23,010, Bitcoin rallied to a late intraday high $24,244.0.

Falling short of the first major resistance level at $24,365, however, Bitcoin fell back to the early intraday low $23,101.

Continuing to steer clear of the major support levels, Bitcoin moved back through to $23,400 levels to limit the downside.

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 $11,687 to form a near-term bearish trend.

The Rest of the Pack

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

Binance Coin (+2.92%), Bitcoin Cash SV (+2.68%), and Crypto.com Coin (+1.66) bucked the trend on the day.

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

Litecoin and Ripple’s XRP slid by 4.49% and by 3.58% respectively to lead the way down.

Chainlink (-3.13%) and Ethereum (-3.10%) also struggled on the day.

Cardano’s ADA (-1.42%) and Polkadot (-1.38%) saw relatively modest losses, however.

For the week, it was also mixed for the majors.

Polkadot slid by 13.5% to buck the trend for the week.

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

Litecoin led the way, surging by 39.48% to lead the way.

Binance Coin (+17.79%) and Crypto.com Coin (+10.51%) also found strong support.

Bitcoin Cash SV (+7.36%), Cardano’s ADA (+5.33%), Chainlink (+1.07%), Ethereum (+8.12%), and Ripple’s XRP (+8.41%) trailed the front runners, however.

For the week, the crypto total market cap fell to a Monday low $545.05bn before rising to a Saturday high $680.60bn. At the time of writing, the total market cap stood at $657.06bn.

Bitcoin’s dominance fell to a Monday low 64.21% before rising to a Sunday high of 67.44%. At the time of writing, Bitcoin’s dominance stood at 66.97%.

This Morning

At the time of writing, Bitcoin was up by 1.04% to $23,671.0. A mixed start to the day saw Bitcoin fall to an early morning low $23,280.0 before rising to a high $23,685.0.

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

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

Polkadot was down by 0.24% to buck the trend early on.

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

At the time of writing, Bitcoin Cash SV was up by 4.65% to lead the way.

BTCUSD 211220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the pivot level at $23,591 to bring the first major resistance level at $24,080 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 Sunday’s high $24,244.0 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 $24,734.

Failure to avoid a fall back through the $23,591 pivot would bring the first major support level at $22,937 into play.

Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$22,500 levels. The second major support level sits at $22,448.

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

Bitcoin, BTC to USD, rose by 2.96% on Saturday. Following a 1.46% gain from Friday, Bitcoin ended the day at $23.808.0.

It was another mixed start to the day. Bitcoin rose to an early morning high $23,240 before hitting reverse.

Falling short of Friday’s high $23,287 and the major resistance levels, Bitcoin fell to a late morning intraday low $22,768.0

Steering clear of the first major support level at $22,562, Bitcoin rallied to a late afternoon intraday high and a new swing high $24,123.0.

Bitcoin broke through the first major resistance level at $23,487 and the second major resistance level at $23,849.

A choppy end to the day saw Bitcoin fall back to $23,600 before wrapping up the day at $23,800 levels.

The second major resistance level at $23,849 pinned Bitcoin back late in the day.

The near-term bullish trend remained intact, supported by the breakthrough to $24,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,687 to form a near-term bearish trend.

The Rest of the Pack

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

Binance Coin and Litecoin rallied by 7.44% and by 9.66% respectively to lead the way.

Crypto.com Coin (+1.85%) and Ethereum (+0.66%), also joined Bitcoin in the green.

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

Bitcoin Cash SV (-0.97%), Cardano’s ADA (-0.41%), Chainlink (-0.26%), Polkadot (-3.32%) and Ripple’s XRP (-1.14%) saw red on the day

For the current week, the crypto total market cap fell to a Monday low $545.05bn before rising to a Saturday high $680.60bn. At the time of writing, the total market cap stood at $660.27bn.

Bitcoin’s dominance fell to a Monday low 64.21% before rising to an early Sunday high 66.97%. At the time of writing, Bitcoin’s dominance stood at 66.88%.

This Morning

At the time of writing, Bitcoin was down by 0.48% to $23,693.7. A mixed start to the day saw Bitcoin rise to an early morning high $23,810.0 before falling to a low $23,668.0.

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

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

Chainlink and Polkadot bucked the trend early on, with gains of 0.01% and 0.63% respectively.

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

At the time of writing, Litecoin and Ripple’s XRP led the way down, with losses of 1.07% and 1.05% respectively.

BTCUSD 201220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $23.566 to bring the first major resistance level at $24,365 into play.

Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $24,123.0.

Barring an extended crypto rally, the first major resistance level and resistance at $24,500 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 $24,921.

Failure to avoid a fall through the $23,566 pivot would bring the first major support level at $23,010 into play.

Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$22,500 levels. The second major support level sits at $22,211.

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

Bitcoin, BTC to USD, rose by 1.46% on Friday. Following on from a 6.89% rally on Thursday, Bitcoin ended the day at $23,124.0.

It was a mixed start to the day. Bitcoin slipped to an early morning low $22,466.0 before making a move.

Steering clear of the first major support level at $21,445, Bitcoin rose to a late morning intraday high $23,287.0.

Falling short of the first major resistance level at $23,878, however, Bitcoin slid back to a mid-afternoon intraday low $22,362.0.

Steering clear of the major support levels once more, Bitcoin moved back through to $23,000 levels to end the day in the green.

The near-term bullish trend remained intact, supported by the breakthrough to $23,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,500 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.

Litecoin rallied by 8.31% to lead the way.

Binance Coin (+2.60%), Cardano’s ADA (+1.13%), Chainlink (+0.42%), Ethereum (+1.77%), and Ripple’s XRP (+1.29%) also joined Bitcoin in the green.

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

Bitcoin Cash SV (-0.50%), Crypto.com Coin (-5.52%) and Polkadot (-1.00%) saw red on the day

For the current week, the crypto total market cap fell to a Monday low $545.05bn before rising to a Thursday high $679.01bn. At the time of writing, the total market cap stood at $643.64bn.

Bitcoin’s dominance fell to a Monday low 64.21% before rising to a Friday high 66.72%. At the time of writing, Bitcoin’s dominance stood at 66.38%.

This Morning

At the time of writing, Bitcoin was down by 0.71% to $22,960.0. A mixed start to the day saw Bitcoin rise to an early morning high $23,188.0 before falling to a low $22,952.0

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

Elsewhere, it was a mixed start to the day.

Binance Coin and Polkadot bucked the trend early on, with gains of 0.53% and 0.17% respectively.

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

At the time of writing, Ripple’s XRP was down by 1.58% to lead the way.

BTCUSD 191220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $22,924 to bring the first major resistance level at $23,487 into play.

Support from the broader market would be needed for Bitcoin to break out from Friday’s high $23,287.0.

Barring an extended crypto rally, the first major resistance level and resistance at $23,500 would likely cap any upside.

In the event of another extended crypto rally, Bitcoin could test resistance at $24,000 before any pullback. The second major resistance level sits at $23,849.

Failure to avoid a fall through the $22,924 pivot would bring the first major support level at $22,562 into play.

Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$22,000 levels. The second major support level sits at $21,999.

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

Bitcoin, BTC to USD, rallied by 6.89% on Thursday. Following on from Wednesday’s 9.55% surge, Bitcoin ended the day at $22,786.0.

It was a mixed start to the day. Bitcoin slipped to an early morning intraday low $21,197.0 before making a move.

Steering clear of the first major support level at $19,443, Bitcoin rallied to a late afternoon intraday high and a new swing hi $23,630.0.

The breakout saw Bitcoin break through the first major resistance level at $22,069 and the second major resistance level at $22,820.

Coming up short of $24,000 levels, however, Bitcoin fell back to end the day at sub-$23,000 levels.

The pullback saw Bitcoin fall back through the second major resistance level at $22,820.

The near-term bullish trend remained intact, supported by the breakthrough to $23,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,500 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 (-1.20%), Cardano’s ADA (-2.98%), Chainlink (-0.39%), and Polkadot (-6.95%) saw red on the day

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

Crypto.com Coin and Litecoin rallied by 9.21% and by 8.86% to lead the way.

Bitcoin Cash SV (+0.37%), Ethereum (+0.86%), and Ripple’s XRP (+1.49%) also joined Bitcoin in the green.

For the current week, the crypto total market cap fell to a Monday low $545.05bn before rising to a Thursday high $679.01bn. At the time of writing, the total market cap stood at $634.00bn.

Bitcoin’s dominance fell to a Monday low 64.21% before rising to a Thursday high 66.70%. At the time of writing, Bitcoin’s dominance stood at 66.56%.

This Morning

At the time of writing, Bitcoin was down by 0.37% to $22,702.0. A mixed start to the day saw Bitcoin rise to an early morning high $22,847.5 before falling to a low $22,466.0

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

Elsewhere, it was a mixed start to the day.

Litecoin and Polkadot bucked the trend early on, with gains of 1.57% and 0.35% respectively.

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

At the time of writing, Crypto.com Coin was down by 3.78% to lead the way.

BTCUSD 181220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the pivot level at $22,538 to bring the first major resistance level at $23,878 into play.

Support from the broader market would be needed for Bitcoin to break out from Thursday’s high $23,630.

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 $24,971.

Failure to avoid a fall back through the $22,538 pivot would bring the first major support level at $21,445 into play.

Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$21,000 levels. The second major support level sits at $20,105.

The Crypto Daily – Movers and Shakers – December 16th, 2020

Bitcoin, BTC to USD, rose by 0.92% on Tuesday. Following on from a 0.53% gain on Monday, Bitcoin ended the day at $19,459.0.

It was a mixed start to the day. Bitcoin rose to an early morning high $19,570.0 before hitting reverse.

Bitcoin broke through the first major resistance level at $19,418 and the second major resistance level at $19,555.

The reversal saw Bitcoin slide to a mid-morning intraday low $19,070.0 before making a move.

Finding support at the first major support level at $19,077, Bitcoin rallied to a late afternoon intraday high $19,607.0.

Bitcoin broke back through the first major resistance level at $19,418 and the second major resistance level at $19,555.

A choppy end to the day, however, saw Bitcoin fall back through the major resistance levels to sub-$19,400 before ending the day at $19,450 levels.

The near-term bullish trend remained intact, supported by the recovery to $19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.

The Rest of the Pack

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

Ripple’s XRP slid by 5.85% to lead the way down once more.

Cardano’s ADA (-3.08%), Binance Coin (-1.70%), Chainlink (-1.17%), and Litecoin (-1.24%) also struggled.

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

Bitcoin Cash SV (+0.95%), Crypto.com Coin (+2.14%), Ethereum (+0.46%), and Polkadot (+6.00%) bucked the trend on the day.

For the current week, the crypto total market cap fell to a Monday low $545.05bn before rising to a Tuesday high $566.22bn. At the time of writing, the total market cap stood at $554.81bn.

Bitcoin’s dominance fell to a Monday low 64.21% before rising to a Tuesday high 64.85%. At the time of writing, Bitcoin’s dominance stood at 64.80%.

This Morning

At the time of writing, Bitcoin was down by 0.50% to $19,361.0. A mixed start to the day saw Bitcoin rise to an early morning high $19,481.0 before falling to a low $19,317.8.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV was up by 0.97% to buck the trend early on.

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

At the time of writing, Chainlink and Ripple’s XRP were down by 2.19% and by 2.16% to lead the way down.

BTCUSD 161220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move back through the pivot level at $19,379 to bring the first major resistance level at $19,687 into play.

Support from the broader market would be needed for Bitcoin to break out from Tuesday’s high $19,607.0.

Barring an extended crypto rally, the first major resistance level and resistance at $19,700 would likely cap any upside.

In the event of an extended crypto rally, the second major resistance level at $19,916 and resistance at $20,000 could come into play.

Failure to move back through the $19,379 pivot would bring the first major support level at $19,150 into play.

Barring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $18,842.

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

Bitcoin, BTC to USD, rose by 1.92% on Sunday. Following on from a 4.25% rally on Saturday, Bitcoin ended the week down by 1.18% to $19,180.0.

It was a mixed start to the day. Bitcoin fell to an early morning intraday low $18,720.7 before making a move.

Steering clear of the first major support level at $18,264, Bitcoin rallied to an early afternoon intraday high $19,416.0.

Bitcoin broke through the first major resistance level at $19,158 before falling back to sub-$19,100 levels.

Finding support in the final hour, however, Bitcoin broke back through the first major resistance level to end the day at $19,180 levels.

The near-term bullish trend remained intact, supported by the recovery to $19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.

The Rest of the Pack

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

Cardano’s ADA (+6.48%), Chainlink (+5.93%), and Litecoin (+7.14%) led the way.

Binance Coin (+3.37%), Crypto.com Coin (+3.75%), and Ethereum (+3.89%) also made solid gains.

Bitcoin Cash SV (+1.58%), Polkadot (+1.29%), and Ripple’s XRP (+1.27%) trailed the front runners, however.

For the week ending 13th December, it was a bearish week for the majors, however.

Ripple’s XRP led the way down, sliding by 17.78%.

Bitcoin Cash SV (-7.1%), Cardano’s ADA (-3.06%), Chainlink (-4.32%), Crypto.com Coin (-3.94%), and Polkadot (-3.58%) also struggled.

Binance Coin (-1.39%), Ethereum (-1.86%), and Litecoin (-1.65%) saw relatively modest losses in the week.

For the week, the crypto total market cap rose to a Monday high $569.88bn before falling to a Friday low $509.01bn. At the time of writing, the total market cap stood at $551.5bn.

Bitcoin’s dominance fell to a Wednesday low 63.03% before rising to a Sunday high 64.71%. At the time of writing, Bitcoin’s dominance stood at 64.24%.

This Morning

At the time of writing, Bitcoin was down by 0.55% to $19,074.0. A bearish start to the day saw Bitcoin fall from an early morning high $19,180.0 to a low $19.071.0.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV bucked the trend early on, rising by 0.74%.

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

At the time of writing, Ripple’s XRP was down by 0.99% to lead the way down.

BTCUSD 141220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move back through the pivot level at $19,106 to bring the first major resistance level at $19,490 into play.

Support from the broader market would be needed for Bitcoin to break out from Sunday’s high $19,416.0.

Barring an extended crypto rally, the first major resistance level and resistance at $19,500 would likely cap any upside.

In the event of an extended crypto rally, the second major resistance level at $19,801 and resistance at $20,000 would likely come into play.

Failure to move back through the $19,106 pivot would bring the first major support level at $18,795 into play.

Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$18,500 levels. The second major support level sits at $18,410.

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

Bitcoin, BTC to USD, rallied by 4.25% on Saturday. Reversing a 1.17% fall from Friday, Bitcoin ended the day at $18,818.0.

It was a bullish start to the weekend. Bitcoin rallied from an early morning intraday low $18,049.9 to a late intraday high $18,944.0.

Bitcoin broke through the first major resistance level at $18,356 and the second major resistance level at $18,663.

Coming up against resistance at $19,000, Bitcoin eased back to end the day at sub-$18,900 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.

The Rest of the Pack

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

Polkadot and Ripple’s XRP fell by 1.46% and by 8.21% to buck the trend on the day.

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

Litecoin rallied by 6.21% to lead the way.

Binance Coin (+2.99%), Cardano’s ADA (+3.76%), Chainlink (+4.79%), and Ethereum (+4.43%) also made solid gains.

Bitcoin Cash SV, (+1.28%) and Crypto.com Coin (+0.69%) saw relatively modest gains on the day, however.

In the current week, the crypto total market cap rose to a Monday high $569.88bn before falling to a Friday low $509.01bn. At the time of writing, the total market cap stood at $543.45bn.

Bitcoin’s dominance fell to a Wednesday low 63.03% before rising to a Saturday high 64.50%. At the time of writing, Bitcoin’s dominance stood at 64.44%.

This Morning

At the time of writing, Bitcoin was up by 0.30% to $18,875.0. A mixed start to the day saw Bitcoin dip to an early morning low $18,811.0 before rising to a high $18,877.0.

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

Elsewhere, it was a mixed start to the day

Bitcoin Cash SV was down by 0.20% to buck the trend early on.

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

At the time of writing, Chainlink was up by 1.53% to lead the pack.

BTCUSD 131220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $18,604 to bring the first major resistance level at $19,158 into play.

Support from the broader market would be needed for Bitcoin to break back through to $19,000 levels.

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

In the event of an extended crypto rally, the second major resistance level at $19,498 would likely come into play.

Failure to avoid a fall through the $18,604 pivot would bring the first major support level at $18,264 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$18,000 levels. The second major support level sits at $17,710.

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

Bitcoin, BTC to USD, fell 1.17% on Friday. Following on from a 1.61% decline on Thursday, Bitcoin ended the day at $18,049.9.

It was a mixed start to the day. Bitcoin rose to an early morning intraday high $18,299.0 before hitting reverse.

Falling short of the first major resistance level at $18,574, Bitcoin fell to a late morning intraday low $17,629.0.

The reversal saw Bitcoin fall through the first major support level at $17,941.

Finding support at the second major support level at $17,621, Bitcoin briefly revisited $18,190 levels before ending the day at sub-$18,100.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.

The Rest of the Pack

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

Litecoin and Ripple’s XRP slid by 3.39% and by 3.72% respectively to lead the way down.

Bitcoin Cash SV, (-2.28%), Chainlink (-2.05%), Ethereum (-2.65%) and Polkadot (-2.70%) and also saw relatively heavy losses.

Binance Coin (-1.21%), Cardano’s ADA (-1.79%), and Crypto.com Coin (-1.69%) saw relatively modest losses on the day.

In the current week, the crypto total market cap rose to a Monday high $569.88bn before falling to a Friday low $509.01bn. At the time of writing, the total market cap stood at $531.62bn.

Bitcoin’s dominance rose to a Wednesday high 64.26% before falling to a Wednesday low 63.03%. At the time of writing, Bitcoin’s dominance stood at 64.01%.

This Morning

At the time of writing, Bitcoin was up by 1.62% to $18,342.0. A bullish start to the day saw Bitcoin rise from an early morning low $18,049.9 to a high $18,400.0.

Bitcoin broke through the first major resistance level at $18,356 early on before easing back.

Elsewhere, it was a mixed start to the day.

Ripple’s XRP (-2.22%) and Bitcoin Cash SV (-0.77%) saw red to buck the trend 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 4.84% to lead the way.

BTC/USD 12/12/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $17,993 to bring the first major resistance level at $18,356 back into play.

Support from the broader market would be needed for Bitcoin to hold onto $18,300 levels early on.

Barring an extended crypto rally, the first major resistance level and resistance at $18,500 would likely cap any upside.

In the event of an extended crypto rally, the second major resistance level at $18,663 and resistance at $19,000 would likely come into play.

Failure to avoid a fall through the $17,993 pivot would bring the first major support level at $17,686 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$17,500 levels. The second major support level sits at $17,323.

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

Bitcoin, BTC to USD, fell by 1.61% on Thursday. Reversing a 1.25% gain from Wednesday, Bitcoin ended the day at $18,260.0.

It was a mixed start to the day. Bitcoin rose to an early morning intraday high $18,568.0 before hitting reverse.

Falling short of the first major resistance level at $18,878, Bitcoin fell to a mid-afternoon intraday low $17,935.0.

The reversal saw Bitcoin fall through the first major support level at $17,990 before a brief revisit to $18,300 levels late in the day.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.

The Rest of the Pack

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

Polkadot bucked the trend on the day, with a 0.1% gain.

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

Chainlink slid by 5.72% to lead the way down, with Cardano’s ADA (-4.24%) and Litecoin (-3.50%) also struggling.

Binance Coin (-1.69%), Bitcoin Cash SV, (-1.46%), Crypto.com Coin (-1.66%), Ethereum (-2.61%), and Ripple’s XRP (-1.92%) saw relatively modest losses on the day.

In the current week, the crypto total market cap rose to a Monday high $569.88bn before falling to a Wednesday low $509.70bn. At the time of writing, the total market cap stood at $525.77bn.

Bitcoin’s dominance rose to a Wednesday high 64.26% before falling to a Wednesday low 63.03%. At the time of writing, Bitcoin’s dominance stood at 63.80%.

This Morning

At the time of writing, Bitcoin was down by 1.03% to $18,072.0. A mixed start to the day saw Bitcoin rise to an early morning high $18,299.0 before falling to a low $18,070.0.

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

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

At the time of writing, Ripple’s XRP was down by 2.69% to lead the way down.

BTCUSD 111220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move back through the pivot level at $18,254 to bring the first major resistance level at $18,574 into play.

Support from the broader market would be needed for Bitcoin to break back through to $18,500 levels.

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 $18,887 and resistance at $19,000 would likely come into play.

Failure to move back through the $18,254 pivot would bring the first major support level at $17,941 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of the second major support level at $17,621.

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

Bitcoin, BTC to USD, slid by 4.52% on Tuesday. Following a 1.10% decline on Monday, Bitcoin ended the day at $18,329.0.

It was a mixed start to the day. Bitcoin rose to a mid-morning intraday high $19,322.0 before hitting reverse.

Falling short of the first major resistance level at $19,462, Bitcoin slid to a late intraday low $18,271.

The reversal saw Bitcoin fall through the first major support level at $18,927 and the second major support level at $18,659.

Finding late support, Bitcoin moved back through to $18,300 levels to reduce the deficit from the day.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.

The Rest of the Pack

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

Cardano’s ADA (-8.51%), Litecoin (-8.08%), Ripple’s XRP (-8.17%) led the way down.

Ethereum (-6.12%), Chainlink (-7.38%), and Binance Coin (-5.84%) also saw heavy losses.

Bitcoin Cash SV (-3.01%), Crypto.com Coin (-2.69%), and Polkadot (-2.00%) saw relatively modest losses on the day, however.

In the current week, the crypto total market cap rose to a Monday high $569.88bn before falling to a Tuesday low $525.36bn. At the time of writing, the total market cap stood at $529.96bn.

Bitcoin’s dominance fell to a Monday low 63.30% before rising to a Tuesday high 64.19%. At the time of writing, Bitcoin’s dominance stood at 63.88%.

This Morning

At the time of writing, Bitcoin was down by 0.21% to $18,291.0. A mixed start to the day saw Bitcoin fall to an early morning low $18,236.0 before rising to a high $18,393.0

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

Elsewhere, it was a mixed start to the day.

Litecoin found early support, rising by 0.43% to buck the trend, with Polkadot flat.

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

At the time of writing, Crypto.com Coin was down by 2.44% to lead the way down.

BTCUSD 091220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the pivot level at $18,641 to bring the first major resistance level at $19,010 into play.

Support from the broader market would be needed for Bitcoin to break out from $18,500 levels and back through to $19,000 levels.

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

In the event of a crypto breakout, resistance at $19,500 and the second major resistance level at $19,692 would likely come into play.

Failure to move through the $19,641 pivot would bring the first major support level at $17,959 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of the second major support level at $17,590.

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

Bitcoin, BTC to USD, rose by 1.31% on Sunday. Following on from a 2.72% gain on Saturday, Bitcoin ended the week up by 6.67% to $19,410.0.

It was a mixed start to the day. Bitcoin rose to an early morning high $19,344.0 before hitting reverse.

Falling short of the first major resistance level at $13,395, Bitcoin slid to an early afternoon intraday low $18,905.0.

Steering clear of the first major support level at $18,711, however, Bitcoin rallied to a final hour intraday high $19,463.0.

Bitcoin broke through the first major resistance level at $19,395 to wrap up the day at $19,400 levels.

The near-term bullish trend remained intact, supported by the latest recovery to $19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.

The Rest of the Pack

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

Binance Coin (-0.73%), Cardano’s ADA  (-0.68%), Crypto.com Coin (-0.31%), and Polkadot (-2.20%) saw red to buck the trend on the day.

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

Ripple’s XRP rallied by 6.24% to lead the way, with Chainlink (+2.67%) and Bitcoin Cash SV (+1.51%) finding strong support.

Ethereum (+0.78%) and Litecoin (+0.52%) trailed the front runners, however.

It was also a mixed week for the majors.

Binance Coin (-1.94%), Cardano’s ADA (-4.75%), Crypto.com Coin (-4.08%), and Polkadot (-7.31%) saw red for the week.

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

Bitcoin Cash SV (+7.75%), Chainlink (+0.97%), Ethereum (+4.34%), Litecoin (+5.86%), and Ripple’s XRP (+2.69%) joined Bitcoin in the green.

In the week, the crypto total market cap rose to a Tuesday high $589.96bn before falling to a Tuesday low $525.17bn. At the time of writing, the total market cap stood at $562.79bn.

Bitcoin’s dominance fell to a Monday low 62.55% before rising to a Friday high 64.17%. At the time of writing, Bitcoin’s dominance stood at 63.63%.

This Morning

At the time of writing, Bitcoin was down by 0.11% to $19,388.7. A mixed start to the day saw Bitcoin rise to an early morning high $19,460.0 before falling to a low $19,347.0.

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 0.47%, with Bitcoin Cash SV flat to buck 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 1.18% to lead the way down.

BTCUSD 071220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $19,259 to bring the first major resistance level at $19,614 into play.

Support from the broader market would be needed for Bitcoin to break out from $19,500 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 $20,000 before any pullback. The second major resistance level sits at $19,817.

A fall through the $19,259 pivot would bring the first major support level at $19,056 into play.

Barring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $18,701.

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

Bitcoin, BTC to USD, rose by 2.72% on Saturday. Partially reversing a 4.10% slide from Friday, Bitcoin ended the day at $19,159.0.

It was a mixed start to the day. Bitcoin slid to an early morning intraday low $18,498.0 before making a move.

Steering clear of the first major support level at $18,318, Bitcoin rallied to a late morning intraday high $19,182.0.

Falling short of the first major resistance level at $19,268, Bitcoin fell back to sub-$19,000 levels.

Avoiding a fall back through the pivot level at $18,943, Bitcoin bounced back to $19,100 levels to close out the day in the green.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.

The Rest of the Pack

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

Crypto.com Coin fell by 0.62% to buck the trend on the day.

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

Cardano’s ADA  led the way, rallying by 7.92%.

Ethereum (+5.20%), Litecoin (+5.37%), and Ripple’s XRP (+5.93%) also found strong support.

Binance Coin (+2.31%), Bitcoin Cash SV (+3.00%), Chainlink (+3.79%), and Polkadot (+0.92%) trailed the front runners, however.

In the current week, the crypto total market cap rose to a Tuesday high $589.96bn before falling to a Tuesday low $525.17bn. At the time of writing, the total market cap stood at $562.33bn.

Bitcoin’s dominance fell to a Monday low 62.55% before rising to a Friday high 64.17%. At the time of writing, Bitcoin’s dominance stood at 63.50%.

This Morning

At the time of writing, Bitcoin was up by 0.44% to $19,244.1. A bullish start to the day saw Bitcoin rally from an early morning low $19,156.0 to a high $19,272.0.

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

Elsewhere, it was a mixed start to the day.

Polkadot was down by 0.34% to buck the trend early on.

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

At the time of writing, Litecoin was up by 1.53% to lead the way.

BTCUSD 061220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $18,946 to bring the first major resistance level at $19,395 into play.

Support from the broader market would be needed for Bitcoin to break back through to $19,300 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $19,500 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test resistance at $20,000 before any pullback. The second major resistance level sits at $19,630.

A fall through the $18,946 pivot would bring the first major support level at $18,711 into play.

Barring an extended crypto sell-off, Bitcoin should continue to steer clear of sub-$18,000 levels. The second major support level at $18,262 should limit any downside.

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

Bitcoin, BTC to USD, fell by 4.10% on Friday. Reversing a 1.14% gain from Thursday, Bitcoin ended the day at $18,652.0.

It was a mixed start to the day. Bitcoin rose to an early morning intraday high $19,550.0 before hitting reverse.

Falling short of the first major resistance level at $19,751, Bitcoin slid to a mid-day low $18,701.0.

The sell-off saw Bitcoin fall through the first major support level at $19,023 and the second major support level at $18,598.

Through the afternoon, Bitcoin briefly revisited $19,150 levels before sliding back into the deep red.

The brief recovery had seen Bitcoin move back through the support levels before the 2nd sell-off.

Bitcoin fell back through the first and second major support levels to a late intraday low $18,600.0.

Late in the day, however, Bitcoin moved back through the second major resistance level to end the day at $18,650 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to $19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.

The Rest of the Pack

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

Bitcoin Cash SV rose by 3.29% to buck the trend on the day.

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

Cardano’s ADA  (-9.89%), Chainlink (-9.39%), Litecoin (-10.68%), and Ripple’s XRP (-12.07%) led the way down.

Binance Coin (-5.43%), Ethereum (-7.93%), and Polkadot (-3.40%) also struggled.

Crypto.com Coin saw a more modest 2.29% loss on the day.

In the current week, the crypto total market cap rose to a Tuesday high $589.96bn before falling to a Tuesday low $525.17bn. At the time of writing, the total market cap stood at $545.60bn.

Bitcoin’s dominance fell to a Monday low 62.55% before rising to a Friday high 64.16%. At the time of writing, Bitcoin’s dominance stood at 63.89%.

This Morning

At the time of writing, Bitcoin was up by 0.62% to $18,767.7. A mixed start to the day saw Bitcoin fall to an early morning low $18,498.0 before rising to a high $18,795.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (-0.14%), Crypto.com Coin (-1.25%), and Polkadot (-0.30%) saw red to buck the trend early on.

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

At the time of writing, Ripple’s XRP was up by 3.01% to lead the way.

BTCUSD 051220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the pivot level at $18,934 to bring the first major resistance level at 19,268 into play.

Support from the broader market would be needed for Bitcoin to break back through to $19,000 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $19,500 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test resistance at $20,000 before any pullback. The second major resistance level sits at $19,884.

Failure to move through the $18,934 pivot would bring the first major support level at $18,318 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$18,000 levels. The second major support level sits at $17,984.

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

Bitcoin, BTC to USD, rose by 1.14% on Thursday. Following on from a 2.25% gain on Wednesday, Bitcoin ended the day at $19.449.0.

It was another bearish start to the day. Bitcoin fell to a mid-morning intraday low $18,900.0 before making a move.

Steering clear of the first major support level at $18,620, Bitcoin rose to a late afternoon intraday high $19,628.0.

Coming up against the first major resistance level at $19,603, Bitcoin fell back to sub-$19,230 levels and into the red.

Finding late support, however, Bitcoin moved back through to $19,400 levels to deliver the upside on the day.

The near-term bullish trend remained intact, supported by the latest recovery to $19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.

The Rest of the Pack

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

Polkadot fell by 2.33% to buck the trend on the day.

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

Cardano’s ADA  and Ethereum led the way, with gains of 3.48% and 3.29% respectively.

Binance Coin (+1.43%), Bitcoin Cash SV (+0.27%), Chainlink (+0.15%), Crypto.com Coin (+0.46%), Litecoin (+0.16%), and Ripple’s XRP (+0.19%) saw relatively modest gains on the day.

In the current week, the crypto total market cap rose to a Tuesday high $589.96bn before falling to a Tuesday low $525.17bn. At the time of writing, the total market cap stood at $573.35bn.

Bitcoin’s dominance fell to a Monday low 62.55% before rising to a Tuesday high 63.97%. At the time of writing, Bitcoin’s dominance stood at 63.20%.

This Morning

At the time of writing, Bitcoin was up by 0.33% to $19,514.0. A mixed start to the day saw Bitcoin fall to an early morning low $19,401.7 before rising to a high $19,550.0.

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

Elsewhere, it was a bullish start to the day, with the majors recovering from early losses.

At the time of writing, Crypto.com Coin was up by 1.53% to lead the way.

BTCUSD 041220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $19,326 to bring the first major resistance level at $19,751 into play.

Support from the broader market would be needed for Bitcoin to break out from Thursday’s high $19,628.0.

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 $20,000 before any pullback. The second major resistance level sits at $20,054.

A fall through the $19,326 pivot would bring the first major support level at $19,023 into play.

Barring an extended crypto sell-off, Bitcoin should to steer clear of the second major support level at $18,598.

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

Bitcoin, BTC to USD, fell by 4.48% on Tuesday. Partially reversing an 8.25% rally from Monday, Bitcoin ended the day at $18,814.0.

It was a bullish start to the day. Bitcoin rallied to a late morning intraday high and a new swing hi $19,956 before hitting reverse.

Falling short of the first major resistance level at $20,295, Bitcoin slid to an early afternoon intraday low $18,279.0.

The selloff saw Bitcoin fall through the first major support level at $18,647 before finding support.

Bitcoin briefly bounced back to $19,500 levels before falling back through to end the day at sub-$19,000 levels.

The first major support level limited the downside late in the day.

The near-term bullish trend remained intact, in spite of the recent slide back to sub-$17,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.

The Rest of the Pack

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

Bitcoin Cash SV (-7.09%), Cardano’s ADA (-9.62%), and Ripple’s XRP (-8.05%) led the way down.

Binance Coin (-4.03%), Chainlink (-6.32%), and Ethereum (-5.02%), and also saw relatively heavy losses.

Crypto.com Coin (-0.74%), Litecoin (-2.87%), and Polkadot (-0.91%) saw relatively modest losses on the day, however.

In the current week, the crypto total market cap rose from a Monday low $531.50bn to a Monday high $589.74bn. At the time of writing, the total market cap stood at $552.36bn.

Bitcoin’s dominance fell to a Monday low 62.47% before rising to a Tuesday high 63.99%. At the time of writing, Bitcoin’s dominance stood at 63.26%.

This Morning

At the time of writing, Bitcoin was up by 0.20% to $18,852.0. A mixed start to the day saw Bitcoin fall to an early morning low $18,528.0 before rising to a high $18,885.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (-0.10%) and Crypto.com Coin (-1.50%) saw red to buck the trend early on.

It was a bullish start to the day for the rest of the pack, however, which recovered from early losses.

At the time of writing, Litecoin was up by 1.41% to lead the way.

BTCUSD 021220 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the pivot level at $19,016 to bring the first major resistance level at $19,754 into play.

Support from the broader market would be needed for Bitcoin to break through to $19,500 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $20,000 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test resistance at $20,500 before any pullback. The second major resistance level sits at $20,693.

Failure to move through the $19,016 pivot would bring the first major support level at $18,077 into play.

Barring another extended crypto sell-off, Bitcoin should continue to steer clear of sub-$18,000 levels. The second major support level sits at $17,339.

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

Bitcoin, BTC to USD, rose by 2.54% on Sunday. Following on from a 3.35% gain on Saturday, Bitcoin ended the week down by 1.05% to $18,196.

A mixed start to the day saw Bitcoin fall to an early morning low $17,556.0 before making a move.

Steering clear of the first major support level at $17,144, Bitcoin rallied to a late intraday high $18.344.0.

Bitcoin broke through the first major resistance level at $18,129. A late pullback, however, saw Bitcoin fall back through the first major resistance level before wrapping up the day at $18,190 levels.

The near-term bullish trend remained intact, in spite of the latest slide back to sub-$17,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,920 to form a near-term bearish trend.

The Rest of the Pack

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

Ripple’s XRP fell by 3.36% to buck the trend on the day.

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

Litecoin rallied by 8.58% to lead the way.

Binance Coin (+3.14%), Ethereum (+7.21%), and Polkadot (+3.53%) also found strong support.

Bitcoin Cash SV (+0.30%), Cardano’s ADA (+0.89%), Chainlink (+2.22%), and Crypto.com Coin (+1.54%) saw relatively modest gains on the day.

It was also a mixed bag for the week.

Bitcoin Cash SV (-5.83%), Chainlink (-7.77%), Crypto.com Coin (-6.11%), Litecoin (-4.76%), and Polkadot (-4.63%) joined Bitcoin in the red.

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

Ripple’s XRP surged by 35.79% to lead the way, with Cardano’s ADA rallying by 14.13%.

Binance Coin (+0.18%), Ethereum (+2.85%) trailed the front runners, however.

At the start of the week, the crypto total market cap rose from a Monday low $538.06bn to a Monday high $547.50bn. At the time of writing, the total market cap stood at $547.21bn.

Bitcoin’s dominance fell from a Monday high 62.80% to a low of 62.41%. At the time of writing, Bitcoin’s dominance stood at 62.64%.

This Morning

At the time of writing, Bitcoin was up by 1.39% to $18,449.0. A bullish start to the day saw Bitcoin rise from an early morning low $18,196.0 to a high $18,481.0

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

Elsewhere, it was a mixed start to the day. Polkadot was down by 1.09% to buck the trend early on.

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

At the time of writing, Ripple’s XRP was up by 4.37% to lead the way.

BTCUSD 301120 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $18,032 to bring the first major resistance level at $18,508 into play.

Support from the broader market would be needed for Bitcoin to break through to $18,500 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 $19,000 before any pullback. The second major resistance level sits at $18,820.

Failure to avoid a fall through the $18,032 pivot would bring the first major support level at $17,720 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$17,500 levels. The second major support level sits at $17,244.

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

Bitcoin, BTC to USD, rose by 3.35% on Saturday. Reversing a 0.24% decline from Friday, Bitcoin ended the day at $17,746.0.

A mixed start to the day saw Bitcoin rise to an early morning high $17,220.0 before hitting reverse.

Falling short of the first major resistance level at $17,634, Bitcoin fell to a late morning intraday low $16,925.0.

Steering clear of the first major support level at $16,604, Bitcoin rallied to a late intraday high $17,910.0.

Bitcoin broke through the first major resistance level at $17,634 to test resistance at $18,000 before easing back.

The near-term bullish trend remained intact, in spite of the latest slide back to sub-$17,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,920 to form a near-term bearish trend.

The Rest of the Pack

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

Polkadot fell by 1.68% to buck the trend on the day.

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

Ripple’s XRP and Cardano’s ADA surged by 11.58% and by 16.43% respectively to lead the way.

Bitcoin Cash SV (+3.43%), Chainlink (+4.81%), Crypto.com Coin (+5.68%), Ethereum (+3.67%), and Litecoin (+5.13%), also found strong support.

Binance Coin (+2.53%) saw a relatively modest gain on the day.

In the current week, the crypto total market cap rose to a Tuesday high $593.32bn before sliding to a Thursday low $467.23bn. At the time of writing, the total market cap stood at $522.72bn.

Bitcoin’s dominance rose to a Monday high 64.75% before sliding to a Tuesday low of 60.80%. At the time of writing, Bitcoin’s dominance stood at 62.80%.

This Morning

At the time of writing, Bitcoin was down by 0.25% to $17,701.3. A mixed start to the day saw Bitcoin rise to an early morning high $17,775.0 before falling to a low $17,664.0.

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 1.51% to lead the way down.

BTCUSD 291120 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $17,527 to bring the first major resistance level at $18,129 into play.

Support from the broader market would be needed for Bitcoin to break through to $18,000 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 $18,500 before any pullback. The second major resistance level sits at $18,512.

Failure to avoid a fall through the $17,527 pivot would bring the first major support level at $17,144 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$17,000 levels. The second major support level sits at $16,542.