The Crypto Daily – Movers and Shakers – December 6th, 2021

Daily Video Tech Analysis of Bitcoin, Ethereum, Litecoin, and Ripple’s XRP

Bitcoin Moves

Bitcoin, BTC to USD, rose by 0.47% on Sunday. Following an 8.23% tumble on Saturday, Bitcoin ended the week down by 13.70% to $49,474.

A mixed start to the day saw Bitcoin rise to a mid-morning intraday high $49,769 before hitting reverse. Falling well short of the first major resistance level at $54,874, Bitcoin fell to a mid-afternoon intraday low $47,860.

Steering clear of the 38.2% FIB of $44,144 and the first major support levels at $42,629, Bitcoin found late support to end the day in positive territory.

The near-term bullish trend remained intact, in spite of the latest pullback to $41,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 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.

Ethereum rose by 1.90% to join Bitcoin in the green.

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

Crypto.com Coin slid by 7.34% to lead the way down, with Bitcoin Cash SV (-6.58%) and Chainlink (-5.87%) close behind.

Binance Coin (-1.97%), Cardano’s ADA (-2.95%), Litecoin (-3.82%), Polkadot (-4.08%), and Ripple’s XRP (-4.85%) also struggled, however.

In the week, the crypto total market rose to a Wednesday high $2,712bn before sliding to a Saturday low $1,881bn. At the time of writing, the total market cap stood at $2,255bn.

Bitcoin’s dominance rose to a Monday high 43.01% before falling to a Sunday low 40.21%. At the time of writing, Bitcoin’s dominance stood at 41.27%.

This Morning

At the time of writing, Bitcoin was down by 0.37% to $49,290. A mixed start to the day saw Bitcoin rise to an early morning high $49,522 before falling to a low $49,267.

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

BTCUSD 061221 Hourly Chart

Elsewhere, it was a mixed start to the day.

Crypto.com Coin bucked the early trend, rising by 3.70%.

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

At the time of writing, Bitcoin Cash SV was down by 1.68% to lead the way down.

For the Bitcoin Day Ahead

Bitcoin would need to avoid the $49,034 pivot to bring the first major resistance level at $50,209 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $50,000 levels.

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

In the event of an extended rally, Bitcoin could test resistance at $52,000 levels before easing back. The second major resistance level sits at $50,943.

A fall through the $49,034 pivot would bring the first major support level at $48,300 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $47,125.

The Crypto Daily – Movers and Shakers – December 5th, 2021

Daily Tech Analysis of Bitcoin, Ethereum, Litecoin, and Ripple’s XRP

Bitcoin, BTC to USD, tumbled by 8.23% on Saturday. Following a 5.01% fall on Friday, Bitcoin ended the day at $49,249.

A mixed start to the day saw Bitcoin rise to an early morning intraday high $53,879 before hitting reverse. Falling well short of the first major resistance level at $57,080, Bitcoin tumbled to a mid-morning intraday low $41,634.

The extended sell-off saw Bitcoin fall through the 23.6% FIB of $53,628, the day’s major support levels, and the 38.2% FIB of $44,144.

Finding mid-morning support, however, Bitcoin returned to $49,000 levels. Bitcoin moved back through the third major support level at $41,674 and the second major support level at $47,940.

The partial recovery also saw Bitcoin move back through the 38.2% FIB of $44,144 to end the day at $49,200 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to $41,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 to form a near-term bearish trend.

The Rest of the Pack

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

Chainlink (-11.15%), Crypto.com Coin (-12.41%), and Litecoin (-13.40%) led the way down.

Bitcoin Cash SV (-x%), Cardano’s ADA (-8.66%), and Ripple’s XRP (-8.03%) also saw particularly heavy losses.

Binance Coin (-4.38%), Ethereum (-2.17%), and Polkadot (-4.91%) saw relatively modest losses, however.

In the current week, the crypto total market rose to a Wednesday high $2,712bn before sliding to a Saturday low $1,881bn. At the time of writing, the total market cap stood at $2,296bn.

Bitcoin’s dominance rose to a Monday high 43.01% before falling to a Saturday low 40.66%. At the time of writing, Bitcoin’s dominance stood at 40.70%.

Key Drivers

Once more, the crypto markets became a victim of FED Monetary policy sentiment and a recoupling with the global financial markets.

A flight to safety late last week may have led to margin calls before considering the impact of the prospects of rising borrowing costs to fund crypto purchses. With Bitcoin and the broader market at elevated levels, profit taking likely hit those looking to buy on the dip…

This Morning

At the time of writing, Bitcoin was up by 0.19% to $49,344. A mixed start to the day saw Bitcoin fall to an early morning low $49,186 before rising to a high $49,670.

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

BTCUSD 051221 Hourly Chart

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV bucked the early trend, falling by 2.17%.

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

At the time of writing, Crypto.com Coin was up by 3.80% to lead the way.

For the Bitcoin Day Ahead

Bitcoin would need to avoid the $48,254 pivot to bring the 23.6% FIB of $53,628 and the first major resistance level at $54,874 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $50,000 levels.

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

In the event of an extended rally, Bitcoin could test resistance at $55,000 levels before easing back. The second major resistance level sits at $60,499.

A fall through the $48,254 pivot would bring the 38.2% FIB of $44,144 and the first major support level at $42,629 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$40,000 levels. The second major support level sits at $36,009.

The Crypto Daily – Movers and Shakers – December 4th, 2021

Daily Video Tech Analysis of Bitcoin, Ethereum, Litecoin, and Ripple’s XRP

Bitcoin, BTC to USD, slid by 5.01% on Friday. Following a 1.26% loss on Thursday, Bitcoin ended the day at $53,687.

After mixed morning, Bitcoin rose to an early afternoon intraday high $57,599 before hitting reverse. Coming up against the first major resistance level at $57,324, Bitcoin slid to a late intraday low $51,333.

The extended sell-off saw Bitcoin fall through the day’s major support levels and the 23.6% FIB of $53,628.

Finding late support, however, Bitcoin broke back through the third major support level at $53,487 and the 23.6% FIB to end the day at $53,600 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to $51,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 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.

Cardano’s ADA slid by 9.47% to lead the way down, with Ethereum (-6.59%) and Litecoin (-7.52%) in the deep red.

Bitcoin Cash SV (-4.65%), Binance Coin (-3.96%), Chainlink (-5.07%), Crypto.com Coin (-4.77%), and Ripple’s XRP (-5.14%) also struggled, while Polkadot slipped by just 0.66%.

In the current week, the crypto total market rose to a Wednesday high $2,712bn before sliding to a Friday low $2,329bn. At the time of writing, the total market cap stood at $2,438bn.

Bitcoin’s dominance rose to a Monday high 43.01% before falling to a Friday low 41.07%. At the time of writing, Bitcoin’s dominance stood at 41.69%.

This Morning

At the time of writing, Bitcoin was up by 0.22% to $53,805. A bullish start to the day saw Bitcoin rise from an early morning low $53,567 to a high $53,823.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV (+0.11%) and Litecoin (+0.20%) joined Bitcoin in positive territory early on.

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

At the time of writing, Crypto.com Coin was down by 4.17% to lead the way down.

BTCUSD 041221 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $54,206 pivot to bring the first major resistance level at $57,080 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $57,000 levels.

Barring an extended crypto rally, the first major resistance level and Friday’s high $57,599 would likely cap the upside.

In the event of an extended rally, Bitcoin could test resistance at $60,000 levels before easing back. The second major resistance level sits at $60,472. Bitcoin would need plenty of support, however, to breakout from $58,500 levels.

Failure to move through the $54,206 pivot would bring the 23.6% FIB of $53,628 and the first major support level at $50,814 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$49,000 levels. The second major support level sits at $47,940.

The Crypto Daily – Movers and Shakers – December 3rd, 2021

Daily Tech Analysis of Bitcoin, Ethereum, Litecoin, and Ripple’s XRP

Bitcoin, BTC to USD, fell by 1.26% on Thursday. Reversing a 0.44% gain from Wednesday, Bitcoin ended the day at $56,517.

A mixed morning saw Bitcoin rise to an early morning intraday high $57,390 before hitting reverse. Falling short of the first major resistance level at $58,695, Bitcoin slid to an early morning intraday low $55,842.

Bitcoin fell through the first major support level at $56,145 before briefly revising $57,300 levels. A bearish end to the day, however, saw Bitcoin fall back to sub-$57,000 and into the red.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$54,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 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.

Cardano’s ADA jumped by 11.18% to lead the way, with Bitcoin Cash SV (+0.47%) also bucking the trend on the day.

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

Crypto.com Coin slid by 6.52% to lead the way down.

Binance Coin (-1.21%), Chainlink (-3.16%), Ethereum (-1.58%), Litecoin (-2.56%), Polkadot (-1.57%), and Ripple’s XRP (-1.73%) also saw red.

In the current week, the crypto total market fell to a Tuesday low $2,490bn before rising to a Wednesday high $2,712bn. At the time of writing, the total market cap stood at $2,572bn.

Bitcoin’s dominance rose to a Monday high 43.01% before falling to a Thursday low 41.13%. At the time of writing, Bitcoin’s dominance stood at 41.59%.

This Morning

At the time of writing, Bitcoin was up by 0.18% to $56,620. A mixed start to the day saw Bitcoin fall to an early morning low $56,466 before rising to a high $56,620.

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

Elsewhere, it was a mixed start to the day.

At the time of writing, Binance Coin (-0.03%), Cardano’s ADA (-0.52%), Crypto.com Coin (-0.52%), and Ripple’s XRP (-0.18%) saw red early on.

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

Chainlink was up by 0.41%, at the time of writing, to lead the way.

BTCUSD 031221 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the $56,583 pivot to bring the first major resistance level at $57,324 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $57,000 levels.

Barring an extended crypto rally, the first major resistance level and Thursday’s high $57,390 would likely cap the upside.

In the event of an extended rally, Bitcoin could test resistance at $58,500 levels before easing back. The second major resistance level sits at $58,131.

A fall back through the $56,583 pivot would bring the first major support level at $55,776 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$55,000 levels. The second major support level at $55,035 should limit the downside.

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

Daily Video Tech Analysis of Bitcoin, Ethereum, Litecoin, and Ripple’s XRP

Bitcoin, BTC to USD, rose by 0.44% on Wednesday. Partially reversing a 1.51% gain from Tuesday, Bitcoin ended the day at $57,249.

After a mixed morning, Bitcoin rose to a late afternoon intraday high $59,055 before hitting reverse. Bitcoin broke through the first major resistance level at $58,794 before sliding to a late intraday low $56,505.

Steering clear of the first major support level at $55,519, however, Bitcoin moved back through to $57,200 levels and into the green.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$54,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 to form a near-term bearish trend.

The Rest of the Pack

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

Polkadot slid by 3.53% to lead the way down.

Bitcoin Cash SV (-1.17%), Cardano’s ADA (-0.45), Ethereum (-1.07%) and Ripple’s XRP (-0.66%) also saw red.

Crypto.com Coin rallied by 7.78% to lead the way, however, with Binance Coin (+0.85%), Chainlink (+0.07%), and Litecoin (+0.43%) also finding support.

In the current week, the crypto total market fell to a Tuesday low $2,490bn before rising to a Wednesday high $2,712bn. At the time of writing, the total market cap stood at $2,578bn.

Bitcoin’s dominance rose to a Monday high 43.01% before falling to a Wednesday low 41.17%. At the time of writing, Bitcoin’s dominance stood at 41.75%.

This Morning

At the time of writing, Bitcoin was down by 0.48% to $56,965. A bearish start to the day saw Bitcoin fall from an early morning high $57,239 to a low $56,941.

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

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

At the time of writing, Crypto.com Coin was down by 5.31% to lead the way down.

BTCUSD 021221 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $57,600 pivot to bring the first major resistance level at $58,695 into play. Support from the broader market would be needed, however, for Bitcoin to break out from $58,500 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $59,055 would likely cap the upside.

In the event of an extended rally, Bitcoin could test resistance at $61,000 levels before easing back. The second major resistance level sits at $60,150.

Failure to move through the $57,600 pivot would bring the first major support level at $56,145 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$55,000 levels. The second major support level at $55,050 should limit the downside.

The Crypto Daily – Movers and Shakers – December 1st, 2021

Daily Video Tech Analysis of Bitcoin, Ethereum, Litecoin, and Ripple’s XRP

Bitcoin, BTC to USD, fell by 1.51% on Tuesday. Reversing a 0.89% gain from Monday, Bitcoin ended the day at $56,966.

A bearish start to the day saw Bitcoin fall to a mid-morning intraday low $55,899 before making a move.

The reversal saw Bitcoin fall through the first major support level at $56,773 before rising to a mid-afternoon intraday high $59,174. Bitcoin broke through the first major resistance level at $58,897 before falling back to end the day at sub-$57,000 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$54,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 to form a near-term bearish trend.

The Rest of the Pack

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

Ethereum (+4.16%) and Polkadot (+3.78%) led the way.

Chainlink (+1.25%), Litecoin (+1.05%), and Ripple’s XRP (+0.86%) also found support.

Binance Coin (-0.24%), Bitcoin Cash SV (-0.45%), Cardano’s ADA (-3.05) and Crypto.com Coin (-6.50%) joined Bitcoin in the red, however.

Early in the week, the crypto total market fell to a Monday low $2,504bn before rising to a Tuesday high $2,699bn. At the time of writing, the total market cap stood at $2,608bn.

Bitcoin’s dominance rose to a Monday high 42.92% before falling to a Tuesday low 41.45%. At the time of writing, Bitcoin’s dominance stood at 41.59%.

This Morning

At the time of writing, Bitcoin was up by 0.76% to $57,398. A mixed start to the day saw Bitcoin fall to an early morning low $56,712 before rising to a high $57,550.

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

Elsewhere, it was a mixed start to the day.

At the time of writing, Crypto.com Coin was down by 0.11% to buck the early trend.

It was a bullish start for the rest of the majors, however, with Ethereum up by 1.34% to lead the way.

BTCUSD 011221 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the $57,346 pivot to bring the first major resistance level at $58,794 into play. Support from the broader market would be needed, however, for Bitcoin to break out from $58,500 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $59,174 would likely cap the upside.

In the event of an extended rally, Bitcoin could test resistance at $63,000 levels before easing back. The second major resistance level sits at $60,621.

A fall back through the $57,346 pivot would bring the first major support level at $55,519 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$55,000 levels. The second major support level sits at $54,071.

The Crypto Daily – Movers and Shakers – November 30th, 2021

Bitcoin, BTC to USD, rose by 0.89% on Monday. Following a 4.70% rally on Sunday, Bitcoin ended the day at $57,840.

Following a choppy start to the day, Bitcoin fell to a late morning intraday low $56,764 before making a move.

Steering clear of the first major support level at $54,720, however, Bitcoin rallied to a late intraday high $58,888. Bitcoin broke through the first major resistance level at $58,731 before easing back to end the day at sub-$58,000 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$54,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 to form a near-term bearish trend.

The Rest of the Pack

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

Ethereum (+3.51%) and Litecoin (+3.06%) led the way.

Binance Coin (+2.05%), Cardano’s ADA (+0.50%), Chainlink (+2.92%),  Crypto.com Coin (+1.97%), Polkadot (+2.87%), and Ripple’s XRP (+2.20%) also found support.

Bitcoin Cash SV bucked the trend, however, falling by 0.43%.

Early in the week, the crypto total market fell to a Monday low $2,504bn before rising to a Monday high $2,599bn. At the time of writing, the total market cap stood at $2,588bn.

Bitcoin’s dominance rose to a Monday high 42.92% before falling to an early Tuesday low 42.27%. At the time of writing, Bitcoin’s dominance stood at 42.29%.

This Morning

At the time of writing, Bitcoin was up by 0.16% to $57,932. A mixed start to the day saw Bitcoin fall to an early morning low $57,553 before rising to a high $57,956.

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

Elsewhere, it was a mixed start to the day.

At the time of writing, Crypto.com Coin was down by 3.95% to buck the early trend.

It was a bullish start for the rest of the majors, however, with Ripple’s XRP up by 1.41% to lead the way.

BTCUSD 301121 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the $57,831 pivot to bring the first major resistance level at $58,897 into play.

Support from the broader market would be needed for Bitcoin to break out from Monday’s high $58,888.

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

In the event of an extended rally, Bitcoin could test resistance at $61,000 levels before easing back. The second major resistance level sits at $59,955.

A fall back through the $57,831 pivot would bring the first major support level at $56,773 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$56,000 levels. The second major support level sits at $55,707.

The Crypto Daily – Movers and Shakers – November 29th, 2021

Bitcoin, BTC to USD, rallied by 4.70% on Sunday. Following a 1.79% gain on Saturday, Bitcoin ended the week down by 2.29% to $57,356.

Bearish through most of the day, Bitcoin fell to a late afternoon intraday low $53,458 before making a move.

Bitcoin fell through the first major support level at $53,892 and the 23.6% FIB of $53,628.

Late in the day, however, Bitcoin rallied to an intraday high $57,469.

The rebound saw Bitcoin break through the first major resistance level at $55,510 and the second major resistance level at $56,228 to end the day at $57,300 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$54,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 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.

Polkadot and Crypto.com Coin bucked the trend, falling by 2.83% and by 6.74% respectively.

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

Ethereum led the way, rallying by 4.88%, with Bitcoin Cash SV (+3.65%) and Cardano’s ADA (+3.28%) finding strong support.

Binance Coin (+1.86%), Chainlink (+2.92%), Litecoin (+2.25%), and Ripple’s XRP (+2.47%) trailed the front runners, however.

It was also a mixed week ending 28th November for the majors.

Binance Coin and Crypto.com Coin led the way, gaining 4.66% and 6.43% respectively, with Ethereum (+0.83%) also bucking the trend.

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

Cardano’s ADA (-13.11%) and Chainlink (-14.74%) led the way down, with Litecoin (-9.86%), Polkadot (-12.75%), and Ripple’s XRP (-8.60%) also struggling.

Bitcoin Cash SV saw a modest loss of 5.17%, however.

In the week, the crypto total market rose to a Thursday high $2,689bn before sliding to a Friday low $2,334bn. At the time of writing, the total market cap stood at $2,539bn.

Bitcoin’s dominance fell to a Thursday low 41.75% before rising to a Friday high 43.31%. At the time of writing, Bitcoin’s dominance stood at 42.81%.

This Morning

At the time of writing, Bitcoin was up by 0.37% to $57,567.  A mixed start to the day saw Bitcoin fall to an early morning low $57,201 before rising to a high $57,977.

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

Elsewhere, it was a bullish start to the day.

At the time of writing, Crypto.com Coin was up by 2.83% to lead the way.

BTCUSD 291121 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid the $56,094 pivot to bring the first major resistance level at $58,731 into play.

Support from the broader market would be needed for Bitcoin to break out from this morning’s high $57,977.

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

In the event of an extended rally, Bitcoin could test resistance at $60,000 levels before easing back. The second major resistance level sits at $60,105.

A fall through the $56,094 pivot would bring the first major support level at $54,720 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $52,083. The 23.6% FIB of $53,628 should limit the downside.

The Crypto Daily – Movers and Shakers – November 28th, 2021

Bitcoin, BTC to USD, rose by 1.79% on Saturday. Partially reversing an 8.77% slide from Friday, Bitcoin ended the day at $54,791.

A mixed morning saw Bitcoin fall to an early morning intraday low $53,711 before making a move.

Steering clear of the 23.6% FIB of $53,628 and the major support levels, Bitcoin rose to a late morning intraday high $55,329.

Falling short of the first major resistance level at $57,533, however, Bitcoin fell back to $54,100 levels before finding late support to end the day at $54,700 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$54,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 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 rallied by 10.87% to lead the way, with Binance Coin (+2.16%) finding strong support.

Bitcoin Cash SV (+0.32%), Cardano’s ADA (+0.73%), Chainlink (+0.60%), Ethereum (+1.35%), and Ripple’s XRP (+0.61%) trailed the front runners, however.

Litecoin and Polkadot bucked the trend, falling by 0.20% and by 0.11% respectively.

In the current week, the crypto total market rose to a Thursday high $2,689bn before sliding to a Friday low $2,334bn. At the time of writing, the total market cap stood at $2,406bn.

Bitcoin’s dominance fell to a Thursday low 41.75% before rising to a Friday high 43.31%. At the time of writing, Bitcoin’s dominance stood at 42.60%.

This Morning

At the time of writing, Bitcoin was down by 0.94% to $54,276. A mixed start to the day saw Bitcoin rise to an early morning high $54,875 before falling to a low $54,244.

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, Crypto.com Coin was down by 7.23% to lead the way down.

BTCUSD 281121 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move back through the $54,610 pivot to bring the first major resistance level at $55,510 into play.

Support from the broader market would be needed for Bitcoin to break out from Friday’s high $55,329.

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

In the event of an extended rally, Bitcoin could test resistance at $58,000 levels before easing back. The second major resistance level sits at $56,228.

Failure to move back through the $54,610 pivot would bring the first major support level at $53,892 and the 23.6% FIB of $53,628 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$50,000 levels. The second major support level at $52,992 should limit the downside.

The Crypto Daily – Movers and Shakers – November 27th, 2021

Bitcoin, BTC to USD, slid by 8.77% on Friday. Reversing a 3.25% gain from Thursday, Bitcoin ended the day at $53,839.

A mixed morning saw Bitcoin rise to an early morning intraday high $59,238 before hitting reverse.

Falling short of the first major resistance level at $59,937, Bitcoin slid to a mid-day intraday low $53,555.

The extended sell-off saw Bitcoin fall through the day’s major support levels and through the 23.6% FIB of $53,628.

Finding early afternoon support, however, Bitcoin revisited $54,800 levels before ending the day at $53,800 levels.

The partial recovery saw Bitcoin break back through the 23.6% FIB of $53,628 and the third major support level at $53,780.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$54,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 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 led the way down, sliding by 12.26%.

Binance Coin (-8.00%), Bitcoin Cash SV (-9.00%), Cardano’s ADA (-8.41%), Chainlink (-9.20%), Crypto.com Coin (-10.63%), Ethereum (-10.68%), and Ripple’s XRP (-10.18%) also saw deep red.

Polkadot (-3.93%) saw relatively modest losses, however.

In the current week, the crypto total market rose to a Thursday high $2,685bn before sliding to a Friday low $2,334bn. At the time of writing, the total market cap stood at $2,420bn.

Bitcoin’s dominance fell to a Thursday low 41.75% before rising to a Friday high 43.32%. At the time of writing, Bitcoin’s dominance stood at 42.30%.

This Morning

At the time of writing, Bitcoin was up by 0.73% to $54,231. A mixed start to the day saw Bitcoin fall to an early morning low $53,711 before rising to a high $54,479

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV (-0.73%) and Crypto.com Coin (-1.81%) bucked the early trend.

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

At the time of writing, Litecoin was up by 1.62% to lead the way.

BTCUSD 271121 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $55,544 pivot to bring the first major resistance level at $57,533 into play.

Support from the broader market would be needed for Bitcoin to break out from $55,000 levels.

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

In the event of an extended rally, Bitcoin could test resistance at $60,000 levels before easing back. The second major resistance level sits at $61,227.

Failure to move through the $55,544 pivot would bring the 23.6% FIB of $53,628 and the first major support level at $51,850 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$50,000 levels. The second major support level sits at $49,861.

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

Bitcoin, BTC to USD, rose by 3.25% on Thursday. Reversing a 0.72% loss from Wednesday, Bitcoin ended the day at $59,016.

A mixed morning saw Bitcoin fall to a mid-morning intraday low $57,067 before making a move.

Steering clear of the first major support level at $56,120, Bitcoin rallied to a late afternoon intraday high $59,423.

Bitcoin broke through the first major resistance level at $57,987 and the second major resistance level at $58,808.

A late pullback saw Bitcoin briefly fall back through the second major resistance level before wrapping up the day at $59,100 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$56,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 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 tumbled by 15.93%, with Bitcoin Cash SV (-0.29%) and Polkadot (-0.09%) also seeing red on the day

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

Binance Coin rallied by 8.15% to lead the way, with Ethereum (+5.97%) and Litecoin (+5.11%) close behind.

Cardano’s ADA (+0.48%), Chainlink (+2.98%), and Ripple’s XRP (+1.00%) trailed the front runners, however.

In the current week, the crypto total market fell to a Tuesday low $2,426bn before rising to a Thursday high $2,685bn. At the time of writing, the total market cap stood at $2,644bn.

Bitcoin’s dominance rose to a Monday high 43.18% before falling to a Thursday low 41.81%. At the time of writing, Bitcoin’s dominance stood at 42.26%.

This Morning

At the time of writing, Bitcoin was up by 0.27% to $59,176. A mixed start to the day saw Bitcoin fall to an early morning low $59,001 before rising to a high $59,238.

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 0.67% to buck the trend, with Polkadot flat at the time of writing.

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

At the time of writing, Crypto.com Coin was up by 2.07% to lead the way.

BTCUSD 261121 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid the $58,502 pivot to bring the first major resistance level at $59,937 into play.

Support from the broader market would be needed for Bitcoin to break out from $59,500 levels.

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

In the event of an extended rally, Bitcoin could test resistance at $63,000 levels before easing back. The second major resistance level sits at $60,859.

A fall through the $58,502 pivot would bring the first major support level at $57,581 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$56,000 levels. The second major support level at $56,146 should limit the downside.

The Crypto Daily – Movers and Shakers – November 25th, 2021

Bitcoin, BTC to USD, fell by 0.72% on Wednesday. Partially reversing a 2.30% gain from Tuesday, Bitcoin ended the day at $57,166.

A mixed morning saw Bitcoin rise to an early morning intraday high $57,762 before hitting reverse.

Falling short of the first major resistance level at $58,480, Bitcoin fell to an early afternoon intraday low $55,895.

Bitcoin fell through the first major support level at $56,064 before a partial recovery to end the day at $57,000 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$56,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 to form a near-term bearish trend.

The Rest of the Pack

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

Crypto.com Coin surged by 16.8%, with Bitcoin Cash SV (+3.35%) also bucking the trend on the day.

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

Cardano’s ADA (-4.82%), Chainlink (-4.92%), and Polkadot (-5.42%) led the way down.

Binance Coin (-0.09%) and Ethereum (-1.63%), Litecoin (-1.88%), and Ripple’s XRP (-3.19%) also joined Bitcoin in the red.

Early in the week, the crypto total market rose to a Monday high $2,639bn before falling to a Tuesday low $2,426bn. At the time of writing, the total market cap stood at $2,528bn.

Bitcoin’s dominance rose to a Monday high 43.18% before falling to a Wednesday low 41.85%. At the time of writing, Bitcoin’s dominance stood at 42.79%.

 

This Morning

At the time of writing, Bitcoin was up by 0.20% to $57,283. A mixed start to the day saw Bitcoin rise to an early morning high $57,469 before falling to a low $57,139.

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, Crypto.com Coin was down by 5.94% to lead the way down.

BTCUSD 251121 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid the $56,941 pivot to bring the first major resistance level at $57,987 into play.

Support from the broader market would be needed for Bitcoin to break out from $57,500 levels.

Barring a broad-based crypto rally, the first major resistance level and resistance at $58,000 would likely cap the upside.

In the event of an extended rally, Bitcoin could test resistance at $60,000 levels before easing back. The second major resistance level sits at $58,808.

A fall through the $56,941 pivot would bring the first major support level at $56,120 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of the 23.6% FIB of $53,628. The second major support level at $55,074 should limit the downside.

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

Bitcoin, BTC to USD, rose by 2.30% on Tuesday. Partially reversing a 4.12% slide from Monday, Bitcoin ended the day at $57,577.0.

A choppy morning saw Bitcoin fall to a late morning intraday low $55,453.0 before making a move.

Steering clear of the first major support level at $54,845, Bitcoin rallied to a late intraday high $57,869.0.

Falling short of the first major resistance level at $58,587, however, Bitcoin slipped back to end the day at $57,500 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$56,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 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.

Cardano’s ADA fell by 1.54% to buck the trend on the day.

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

Crypto.com Coin rallied by 6.87% to lead the way, with Binance Coin (+5.62%) and Ethereum (+6.17%) finding strong support.

Bitcoin Cash SV (+0.45%), Chainlink (+0.61%), Litecoin (+3.44%), Polkadot (+0.95%), and Ripple’s XRP (+2.84%) trailed the front runners, however.

Early in the week, the crypto total market rose to a Monday high $2,639bn before falling to a Tuesday low $2,431bn. At the time of writing, the total market cap stood at $2,561bn.

Bitcoin’s dominance rose to a Monday high 43.18% before falling to a Tuesday low 41.95%. At the time of writing, Bitcoin’s dominance stood at 42.42%.

This Morning

At the time of writing, Bitcoin was down by 0.05% to $57,550.0. A mixed start to the day saw Bitcoin rise to an early morning high $57,689.0 before falling to a low $57,550.0.

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

Elsewhere, it was a mixed start to the day.

Cardano’s ADA (-0.42%) bucked the morning trend.

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

At the time of writing, Crypto.com Coin was up by 9.47% to lead the way.

BTCUSD 241121 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid the $56,966 pivot to bring the first major resistance level at $58,480 into play.

Support from the broader market would be needed for Bitcoin to break back through to $58,000 levels.

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

In the event of an extended rally, Bitcoin could test resistance at $60,000 levels before easing back. The second major resistance level sits at $59,382.

A fall through the $56,966 pivot would bring the first major support level at $56,064 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of the 23.6% FIB of $53,628. The second major support level at $54,550 should limit the downside.

The Crypto Daily – Movers and Shakers – November 23rd, 2021

Bitcoin, BTC to USD, fell by 4.12% on Monday. Following a 1.81% decline on Sunday, Bitcoin ended the day at $56,281.1.

A bearish start to the day saw Bitcoin fall to a mid-morning low $56,905.0 before making a move.

Bitcoin fell through the first major support level at $58,179 and the second major support level at $57,668.

Steering clear of sub-$56,000 support levels, however, Bitcoin rallied to an early afternoon intraday high $59,456.0.

Falling short of the first major resistance level at $59,626, however, Bitcoin slid to a late intraday low $55,714.0.

Bitcoin fell back through the first and second major support levels and through the third major support level at $56,221.

Finding late support, however, Bitcoin briefly broke back through the third major support level before ending the day at $56,200 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$56,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 to form a near-term bearish trend.

The Rest of the Pack

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

Crypto.com Coin rallied by 9.83% to buck the trend on the day.

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

Chainlink slid by 7.94% to lead the way down, with Binance Coin (-4.24%), Ethereum (-4.08%), and Litecoin (-5.54%) not far behind.

Bitcoin Cash SV (-3.18%), Cardano’s ADA (-3.22%), Polkadot (-1.91%), and Ripple’s XRP (-2.12%) also struggled, however.

Early in the week, the crypto total market rose to a Monday high $2,605bn before falling to a Monday low $2,461bn. At the time of writing, the total market cap stood at $2,478bn.

Bitcoin’s dominance rose to a Monday high 43.09% before falling to a Monday low 42.61%. At the time of writing, Bitcoin’s dominance stood at 42.74%.

This Morning

At the time of writing, Bitcoin was down by 0.32% to $56,100.3. A mixed start to the day saw Bitcoin rise to an early morning high $56,423.0 before falling to a low $56,014.0.

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, Crypto.com Coin was down by 5.04% to lead the way down.

BTCUSD 231121 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $57,150 pivot to bring the first major resistance level at $58,587 into play.

Support from the broader market would be needed for Bitcoin to break back through to $58,500 levels.

Barring a broad-based crypto rally, the first major resistance level and Monday’s high $59,456.0 would likely cap the upside.

In the event of an extended rally, Bitcoin could test resistance at $63,000 levels before easing back. The second major resistance level sits at $60,892.

Failure to move through the $57,150 pivot would bring the first major support level at $54,845 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$53,000 levels. The second major support level at $53,408 should limit the downside.

The Crypto Daily – Movers and Shakers – November 22nd, 2021

Bitcoin, BTC to USD, fell by 1.81% on Sunday. Partially reversing a 2.73% gain from Saturday, Bitcoin ended the week down by 10.36% to $58,691.0.

A bearish start to the day saw Bitcoin fall to a late morning intraday low $58,603.0 before making a move.

Steering clear of the first major support level at $58,182, Bitcoin rallied to a late afternoon intraday high $60,050.0.

Falling short of the first major resistance level at $60,618, however, Bitcoin fell back to end the day at sub-$59,000 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$56,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 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.

Crypto.com Coin jumped by 26.39% to lead the way.

Bitcoin Cash SV (+0.12%), Chainlink (+2.48%), and Polkadot (+1.46%) also bucked the trend on the day.

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

Cardano’s ADA fell by 4.55% to lead the way down.

Binance Coin (-3.37%), Ethereum (-3.47%), Litecoin (-2.44%), and Ripple’s XRP (-3.41%) also joined Bitcoin in the red.

It was also a mixed week ending 21st November for the majors.

Crypto.com Coin surged by 65.35%, with Polkadot (+1.02%) also finding support to buck the broader market trend.

Litecoin tumbled by 20.72% to lead the way down, however, with Chainlink (-13.85%) also deep in the red.

Binance Coin (-10.16%), Bitcoin Cash SV (-10.46%), Cardano’s ADA (-9.95%), and Ripple’s XRP (-10.67%) also saw heavy losses.

Ethereum fell by a more modest 7.86% in the week, however.

In the week, the crypto total market rose to a Monday high $2,904bn before falling to a Friday low $2,393bn. At the time of writing, the total market cap stood at $2,567bn.

Bitcoin’s dominance rose to a Thursday high 44.28% before falling to a Friday low 42.34%. At the time of writing, Bitcoin’s dominance stood at 42.92%.

This Morning

At the time of writing, Bitcoin was down by 0.61% to $58,334.0. A mixed start to the day saw Bitcoin rise to an early morning high $58,829.0 before falling to a low $58,083.0.

Bitcoin tested the first major support level at $58,179 early on.

Elsewhere, it was a mixed start to the day.

Crypto.com Coin was up by 6.63%, with Bitcoin Cash SV (+1.11%) and Polkadot (+0.29% also finding support.

It was a bearish start for the rest, however.

At the time of writing, Chainlink was down by 1.99% to lead the way down.

BTCUSD 221121 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $59,115 pivot to bring the first major resistance level at $59,626 into play.

Support from the broader market would be needed for Bitcoin to break back through to $59,000 levels.

Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $60,050.0 would likely cap the upside.

In the event of an extended rally, Bitcoin could test resistance at $63,000 levels before easing back. The second major resistance level sits at $60,562.

Failure to move through the $59,115 pivot would bring the first major support level at $58,179 back into play.

Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$57,000 levels. The second major support level at $57,668 should limit the downside.

The Crypto Daily – Movers and Shakers – November 21st, 2021

Bitcoin, BTC to USD, rose by 2.73% on Saturday. Following a 2.11% gain on Friday, Bitcoin ended the day at $59,766.0.

After a range-bound morning, Bitcoin fell to a late afternoon intraday low $57,450.0 before making a move.

Steering clear of the first major support level at $56,396, Bitcoin rallied to a late intraday high $59,886.0.

Bitcoin broke through the first major resistance level at $59,122 to wrap up the day at $59,700 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$56,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 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 0.72% to buck the trend on the day.

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

Binance Coin and Litecoin rallied by 4.01% and by 4.07% respectively to lead the way.

Bitcoin Cash SV (+2.19%), Cardano’s ADA (+3.21%), Crypto.com Coin (+3.11%), and Ethereum (+2.72%) also found strong support.

Chainlink (+0.37%) and Ripple’s XRP (+0.48%) trailed the front runners, however.

In the current week, the crypto total market rose to a Monday high $2,902bn before falling to a Friday low $2,390bn. At the time of writing, the total market cap stood at $2,631bn.

Bitcoin’s dominance rose to a Wednesday high 44.55% before falling to a Friday low 42.36%. At the time of writing, Bitcoin’s dominance stood at 42.81%.

This Morning

At the time of writing, Bitcoin was up by 0.02% to $59,775.0. A mixed start to the day saw Bitcoin rise to an early morning high $59,798.0 before falling to a low $59,720.0.

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

Elsewhere, it was a mixed start to the day.

Chainlink (+0.03%) and Polkadot (+0.13%) found early support.

It was a relatively bearish start for the rest, however.

At the time of writing, Bitcoin Cash SV was down by 0.26% to lead the way down.

BTCUSD 211121 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid the $59,034 pivot to bring the first major resistance level at $60,618 into play.

Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $59,886.0.

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

In the event of an extended rally, Bitcoin could test resistance at $63,000 levels before easing back. The second major resistance level sits at $61,470.

A fall through the $59,034 pivot would bring the first major support level at $58,182 into play.

Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$57,000 levels. The second major support level sits at $56,598.

The Crypto Daily – Movers and Shakers – November 20th, 2021

Bitcoin, BTC to USD, rose by 2.11% on Friday. Partially reversing a 5.62% slide from Thursday, Bitcoin ended the day at $58,130.0.

A mixed start to the day saw Bitcoin fall to an early morning intraday low $55,653.0 before making a move.

Steering clear of the first major support level at $55,364, Bitcoin rallied to a late afternoon intraday high $58,379.0.

Falling short of the first major resistance level at $59,754, however, Bitcoin fell back to sub-$58,000 before finding late support.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$57,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 to form a near-term bearish trend.

The Rest of the Pack

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

Binance Coin rallied by 9.31% to lead the way, with Chainlink (+6.50%), Ethereum (+7.53%), and Litecoin (+6.84%) also finding strong support.

Bitcoin Cash SV (+4.02%), Cardano’s ADA (+4.28%), Crypto.com Coin (+2.82%), Polkadot (+3.59%), and Ripple’s XRP (+4.48%) trailed the front runners, however.

In the current week, the crypto total market rose to a Monday high $2,902bn before falling to a Friday low $2,390bn. At the time of writing, the total market cap stood at $2,587bn.

Bitcoin’s dominance rose to a Wednesday high 44.55% before falling to a Friday low 42.36%. At the time of writing, Bitcoin’s dominance stood at 42.74%.

This Morning

At the time of writing, Bitcoin was up by 0.48% to $58,658.0. A mixed start to the day saw Bitcoin fall to an early morning low $58,255.0 before rising to a high $58,590.0.

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

Elsewhere, it was a bullish start to the day.

At the time of writing, Crypto.com Coin was up by 7.38% to lead the way.

BTCUSD 201121 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid the $57,387 pivot to bring the first major resistance level at $59,122 into play.

Support from the broader market would be needed for Bitcoin to break back through to $59,000 levels.

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

In the event of an extended rally, Bitcoin could test resistance at $62,000 levels before easing back. The second major resistance level sits at $60,113.

A fall through the $57,387 pivot would bring the first major support level at $56,396 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$55,000 levels. The second major support level sits at $54,661.

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

Bitcoin, BTC to USD, slid by 5.62% on Thursday. Reversing a 0.47% gain from Wednesday, Bitcoin ended the day at $56,963.0.

A bullish start to the day saw Bitcoin rise to a early morning intraday high $60,945.0 before hitting reverse.

Falling short of the first major resistance level at $61,347, Bitcoin slid to a late intraday low $56,555.0.

The extended sell-off saw Bitcoin fall through the first major support level at $58,864 and the second major support level at $57,374.

Steering clear of sub-$56,000, however, Bitcoin found support to end the day at $56,900 levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$57,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 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 bucked the trend on the day, rallying by 5.49%.

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

Litecoin tumbled by 11.06% to lead the way, with Bitcoin Cash SV and Chainlink sliding by 8.63% and by 8.97% respectively.

Binance Coin (-7.99%), Cardano’s ADA (-4.73%), Ethereum (-6.80%), Polkadot (-3.18%), and Ripple’s XRP (-5.11%) also saw heavy losses.

In the current week, the crypto total market rose to a Monday high $2,902bn before falling to a Thursday low $2,408bn. At the time of writing, the total market cap stood at $2,469bn.

Bitcoin’s dominance rose to a Wednesday high 44.55% before falling to a Thursday low 43.02%. At the time of writing, Bitcoin’s dominance stood at 43.73%.

This Morning

At the time of writing, Bitcoin was up by 0.47% to $57,231.0. A mixed start to the day saw Bitcoin fall to an early morning low $56,732.0 before rising to a high $57,394.0.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV (-0.78%), Cardano’s ADA (-0.02%), Crypto.com Coin (-0.56%), and Polkadot (-0.53%) were in the red early on.

It’s been a bullish start for the rest of the majors, however.

At the time of writing, Ethereum was up by 0.76% to lead the way.

BTCUSD 191121 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $58,154 pivot to bring the first major resistance level at $59,754 into play.

Support from the broader market would be needed for Bitcoin to breakout from $58,500 levels.

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

In the event of an extended rally, Bitcoin could test resistance at $63,000 levels before easing back. The second major resistance level sits at $62,544.

Failure to move through the $58,154 pivot would bring the first major support level at $55,364 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $53,764 and the 23.6% FIB of $53,628.

The Crypto Daily – Movers and Shakers – November 18th, 2021

Bitcoin, BTC to USD, rose by 0.47% on Wednesday. Following a 5.49% slide on Tuesday, Bitcoin ended the day at $60,352.8.

A bearish start to the day saw Bitcoin slide to a late morning intraday low $58,368.0 before making a move.

Steering clear of the first major support level at $57,942, Bitcoin rose to a late morning intraday high $60,851.0.

Falling short of the first major resistance level at $62,878, however, Bitcoin fell back to sub-$60,000 before ending the day at $60,300 levels.

The near-term bullish trend remained intact, supported by last Wednesday’s ATH $68,958.

The Rest of the Pack

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

Binance Coin (-1.88%) and Litecoin (-0.39%) saw red to buck the trend on the day.

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

Crypto.com Coin rallied by 14.28% to lead the way, with Polkadot (+4.15%) also finding strong support.

Bitcoin Cash SV (+0.31%), Cardano’s ADA (+0.04%), Chainlink (+0.17%), Ethereum (+1.89%), and Ripple’s XRP (+0.76%) trailed the front runners, however.

In the current week, the crypto total market rose to a Monday high $2,902bn before falling to a Wednesday low $2,472bn. At the time of writing, the total market cap stood at $2,599.

Bitcoin’s dominance fell to a Monday low 43.26% before rising to a Wednesday high 44.55%. At the time of writing, Bitcoin’s dominance stood at 44.01%.

This Morning

At the time of writing, Bitcoin was up by 0.51% to $60,658.0. A mixed start to the day saw Bitcoin fall to an early morning low $60,135.0 before rising to a high $60,666.0.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV and Polkadot bucked the early trend, falling by 0.25% and by 0.08% respectively.

It’s been a bullish start for the rest of the majors, however.

At the time of writing, Crypto.com Coin was up by 11.18% to lead the way.

BTCUSD 181121 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $59,857 pivot to bring the first major resistance level at $61,347 into play.

Support from the broader market would be needed for Bitcoin to break out from Wednesday’s high $60,851.0.

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

In the event of an extended rally, Bitcoin could test resistance at $63,000 levels before easing back. The second major resistance level sits at $62,340.

A fall through the $59,857 pivot would bring the first major support level at $58,864 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$57,000 levels. The second major support level at $57,374 should limit the downside.

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

Bitcoin, BTC to USD, slid by 5.49% on Tuesday. Following a 2.92% fall on Monday, Bitcoin ended the day at $60,068.0.

A bearish day saw Bitcoin slide from an early morning intraday high $63,562.0 to a late morning intraday low $58,625.7

Bitcoin fell through the first major support level at $62,493 and the second major support level at $61,426.

Coming within range of the third major support level at $58,433, Bitcoin briefly revisited $61,300 levels before easing back.

The second major support level pegged Bitcoin back in the 2nd half of the day.

The near-term bullish trend remained intact, supported by last Wednesday’s ATH $68,958.

The Rest of the Pack

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

Litecoin tumbled by 12.40% to lead the way down.

Binance Coin (-7.05%), Bitcoin Cash SV (-5.89%), Cardano’s ADA (-7.04%), Chainlink (-8.89%), Ethereum (-7.77%), and Ripple’s XRP (-7.10%) also struggled.

Crypto.com Coin (-3.41%) and Polkadot (-3.38%) saw relatively modest losses on the day, however.

Early in the week, the crypto total market rose to a Monday high $2,902bn before falling to a Tuesday low $2,501bn. At the time of writing, the total market cap stood at $2,597.

Bitcoin’s dominance fell to a Monday low 43.26% before rising to a Tuesday high 44.01%. At the time of writing, Bitcoin’s dominance stood at 43.73%.

This Morning

At the time of writing, Bitcoin was up by 0.41% to $60,313.0. A mixed start to the day saw Bitcoin fall to an early morning low $59,777.0 before rising to a high $60,409.0.

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

Elsewhere, it was a mixed start to the day.

Crypto.com Coin bucked the trend at the start of the day, sliding by 4.19%.

It’s been a bullish start for the rest of the majors, however.

At the time of writing, Bitcoin Cash SV was up by 2.00% to lead the way.

BTCUSD 171121 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $60,752 pivot to bring the first major resistance level at $62,878 into play.

Support from the broader market would be needed for Bitcoin to move back through to $62,000 levels

Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $63,562 would likely cap the upside.

In the event of an extended rally, Bitcoin could test resistance at $65,000 levels before easing back. The second major resistance level sits at $65,688.

Failure to move through the $60,752 pivot would bring the first major support level at $57,942 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$57,000 levels. The second major support level sits at $55,816.