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

Bitcoin, BTC to USD, slipped by 0.26% on Saturday. Following on from a 0.44% decline on Friday, Bitcoin ended the day at $10,558.6.

It was a relatively range-bound day on Saturday. Bitcoin fell to a mid-morning intraday low $10,513.0 before finding support.

Steering clear of the first major support level at $10,423, Bitcoin rose to a late afternoon intraday high $10,616.0.

Falling well short of the first major resistance level at $10,718, Bitcoin fell back to sub-$10,600 levels and into the red.

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

The Rest of the Pack

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

Binance Coin rose by 3.18% to lead the way.

Cardano’s ADA (+0.52%), Chainlink (+0.52%), Ethereum (+0.13%), and Litecoin (+1.47%) also found support.

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

Polkadot slid by 1.28% to lead the way down.

Bitcoin Cash ABC (-0.93%), Bitcoin Cash SV (-0.36%), Crypto.com Coin (-0.14%), and Ripple’s XRP (-0.57%) also joined Bitcoin in the red.

In the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.20bn. At the time of writing, the total market cap stood at $328.15bn.

Bitcoin’s dominance fell to a Thursday low 58.78% before rising to a Friday high 59.99%. At the time of writing, Bitcoin’s dominance stood at 59.55%.

This Morning

At the time of writing, Bitcoin was up by 0.20% to $10,579.4. A mixed start to the day saw Bitcoin fall to an early morning low $10,541.0 before rising to a high $10,580.0.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash ABC (-0.35%), Bitcoin Cash SV (-0.59%), Cardano’s ADA (-0.29%), Chainlink (-0.51%), Polkadot (-0.48%), and Ripple’s XRP (-0.03%) saw red early on.

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

At the time of writing, Binance Coin was up by 0.54% to lead the way.

 BTC/USD 04/10/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the pivot level at $10,563 to bring the first major resistance level at $10,612 into play.

Support from the broader market would be needed, however, for Bitcoin to break back through to $10,600 levels.

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

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,666 and resistance at $10,700 before any pullback.

Failure to avoid a fall back through the $10,563 pivot would bring the first major support level at $10,509 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,400 support levels. The second major support level at $10,460 should limit any downside.

The Crypto Daily – Movers and Shakers – October 3rd, 2020

Bitcoin, BTC to USD, fell by 0.44% on Friday. Following on from a 1.51% on Thursday, Bitcoin ended the day at $10,586.0.

A mixed start to the day saw Bitcoin rise to an early morning intraday high $10,686.0 before hitting reverse.

Falling well short of the first major resistance level at $10,919, Bitcoin slid to a late morning intraday low $10,391.0.

Bitcoin fell through the first major support level at $10,404 before finding support.

A partial recovery saw Bitcoin strike an afternoon high $10,607 before easing back into the red.

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

The Rest of the Pack

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

Bitcoin Cash SV (-6.04%), Cardano’s ADA (-5.05%), Chainlink (-3.93%), and Polkadot (-4.59%) led the way down.

Bitcoin Cash ABC (-3.09%), Crypto.com Coin (-2.26%), Ethereum (-2.02%), Litecoin (-2.79%), and Ripple’s XRP (-1.54%) also struggled.

Binance Coin saw a modest 0.26% loss on the day, however.

In the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.05bn. At the time of writing, the total market cap stood at $327.54bn.

Bitcoin’s dominance fell to a Thursday low 58.78% before rising to a Friday high 60.02%. At the time of writing, Bitcoin’s dominance stood at 59.60%.

This Morning

At the time of writing, Bitcoin was down by 0.25% to $10,560.0. A bearish start to the day saw Bitcoin fall from an early morning high $10,592.0 to a low $10,549.0.

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, with a 0.43% gain.

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

At the time of writing, Binance Coin was down by 0.82% to lead the way down.

BTC/USD 03/10/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the pivot level at $10,554 to bring the first major resistance level at $10,718 into play.

Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,686.0.

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 the second major resistance level at $10,849 before any pullback.

Failure to avoid a fall back through the $10,554 pivot would bring the first major support level at $10,423 into play.

Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200 support levels. The second major support level at $10,259 should limit any downside.

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

Bitcoin, BTC to USD, slid by 1.51% on Thursday. Following on from a 0.57% decline on Wednesday, Bitcoin ended the day at $10,634.0

A bullish start to the day saw Bitcoin rise to a mid-morning intraday high $10,975.1 before hitting reverse.

Bitcoin broke through the first major resistance level at $10,879 and the second major resistance level at $10,964.

The reversal, however, saw Bitcoin slide to a late afternoon intraday low $10,460.0.

Bitcoin fell through the first major support level at $10,697 and the second major support level at $10,600.

Steering clear of the third major support level at $10,418, Bitcoin bounced back to $10,600 levels. The partial recovery saw Bitcoin break back through the second major support level at $10,600.

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

The Rest of the Pack

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

Polkadot rose by 1.49% to buck the trend on the day.

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

Binance Coin slid by 6.12% to lead the way down.

Bitcoin Cash ABC (-1.52%), Bitcoin Cash SV (-2.27%), Cardano’s ADA (-3.05%), Chainlink (-2.56%), Crypto.com Coin (-1.83%), Ethereum (-1.97%), and Ripple’s XRP (-1.63%) also struggled.

Litecoin saw a modest 0.09% loss on the day.

In the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Thursday low $325.09bn. At the time of writing, the total market cap stood at $332.99bn.

Bitcoin’s dominance rose to a Monday high 59.60% before falling to a Wednesday low 58.41%. At the time of writing, Bitcoin’s dominance stood at 59.15%.

This Morning

At the time of writing, Bitcoin was up by 0.28% to $10,664.1. It was a mixed start to the day. Bitcoin fell to an early morning low $10,600.0 before rising to a high $10,686.0.

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

Elsewhere, it was a mixed start to the day.

Crypto.com Coin and Polkadot bucked the trend early on. Both were down by 0.13%.

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

At the time of writing, Binance Coin (+1.41), Chainlink (+1.33%), Cardano’s ADA (+1.77%), and Litecoin (+1.41%) led the way.

BTC/USD 02/10/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the pivot level at $10,690 to bring the first major resistance level at $10,919 into play.

Support from the broader market would be needed, however, for Bitcoin to break out from $10,800 levels.

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

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,205 before any pullback.

Failure to move through the $10,790 pivot would bring the first major support level at $10,404 into play.

Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,400 support levels. The second major support level sits at $10,175.

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

Bitcoin, BTC to USD, rose by 1.33% on Tuesday. Reversing a 0.83% loss from Monday, Bitcoin ended the day at $10,856.0.

It was a mixed start to the day. Bitcoin fell to an early morning low $10,674.2 before finding support.

Steering clear of the major support levels, Bitcoin struck a late morning high $10,815.4 before hitting reverse.

Coming up short of the major resistance levels, Bitcoin slid to a late afternoon intraday low $10,654.0.

Steering clear of the first major support level at $10,585, Bitcoin rallied to a final hour intraday high $10,889.0.

Falling short of the first major resistance level at $10,915, Bitcoin eased back to end the day at sub-$10,860 levels.

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

The Rest of the Pack

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

Chainlink (-1.19%), Crypto.com Coin (-1.92%), and Polkadot (-0.36%) bucked the trend on the day.

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

Binance Coin rallied by 7.20% to lead the way.

Bitcoin Cash SV (+1.74%), Cardano’s ADA (+1.09%), Ethereum (+1.76%), Litecoin (+1.08%) also found solid support.

Bitcoin Cash ABC (0.11%) and Ripple’s XRP (+0.83%) trailed the front runners, however.

In the current week, the crypto total market fell to a Monday low $321.20bn before rising to a Tuesday high $341.14bn. At the time of writing, the total market cap stood at $337.21bn.

Bitcoin’s dominance rose to a Monday high 61.23% before falling to a Tuesday low 58.93%. At the time of writing, Bitcoin’s dominance stood at 59.31%.

This Morning

At the time of writing, Bitcoin was down by 0.28% to $10,826.0. It was a mixed start to the day. Bitcoin rose to an early morning high $10,866.0 before falling to a low $10,826.0.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash ABC (+0.54%), Bitcoin Cash SV (+0.62%), and Crypto.com Coin (+0.65%) bucked the trend early on.

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

At the time of writing, Binance Coin was down by 1.18% to lead the way down.

BTC/USD 30/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $10,800 to bring the first major resistance level at $10,945 into play.

Support from the broader market would be needed, however, for Bitcoin to break back through to $10,900 levels.

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

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,035 and resistance at $11,100 levels before any pullback.

Failure to avoid a fall through the $10,800 pivot would bring the first major support level at $10,710 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,600 levels. The second major support level sits at $10,565.

The Crypto Daily – Movers and Shakers – September 28th, 2020

 

Bitcoin, BTC to USD, rose by 0.48% on Sunday. Following on from a 0.39% gain on Saturday, Bitcoin ended the week down by 1.21% to $10,803.0.

It was a mixed start to the day. Bitcoin rose to an early morning intraday high $10,824.0 before hitting reverse.

Falling short of the first major resistance level at $10,836, Bitcoin slid to a midday intraday low $10,594.0.

Bitcoin fell through the first major support level at $10,670 before finding support.

Steering clear of the second major support level at $10,589, Bitcoin moved back through to $10,800 levels and into the green.

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

The Rest of the Pack

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

Polkadot fell by 1.24% to buck the trend on the day.

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

Bitcoin Cash SV (+3.91%), Cardano’s ADA (+5.99%), and Chainlink (+4.25%) lead the way.

Bitcoin Cash ABC (+1.71%) and Ethereum (+1.06%) also found strong support.

Binance Coin (+0.11%), Crypto.com Coin (+0.06%), Litecoin (+0.04%), and Ripple’s XRP (+0.69%) trailed the front runners.

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

Binance Coin (+10.81%), Bitcoin Cash SV (+16.52%), Cardano’s ADA (+13.31%), and Chainlink (+11.01%) led the way.

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

Bitcoin Cash ABC (-0.08%), Ethereum (-3.57%), Crypto.com Coin (-5.05%), Litecoin (-2.17%), Polkadot (-6.34%), and Ripple’s XRP (-1.28%) joined Bitcoin in the red.

In the week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $330.8bn.

Bitcoin’s dominance rose to a Wednesday high 62.31% before falling to a Sunday low 60.65%. At the time of writing, Bitcoin’s dominance stood at 61.14%.

This Morning

At the time of writing, Bitcoin was up by 1.54% to $10,968.9. A bullish start to the day saw Bitcoin rise from an early morning low $10,803.3 to a high $10,986.0.

Bitcoin broke through the first major resistance level at $10,887 to test the second major resistance level at $10,970 early on.

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV (-0.63%) and Polkadot (-1.04%) bucked the trend early on.

It was a bullish start for the broader market, however.

At the time of writing, Cardano’s ADA was up by 2.77% to lead the way.

BTC/USD 28/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the first major resistance level at $10,887 to support a breakout from the second major resistance level at $10,970.

Support from the broader market would be needed, however, for Bitcoin to break out from the morning high $10,986.0.

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

In the event of a crypto breakout, Bitcoin could test the third major resistance level at $11,200 before any pullback.

Failure to avoid a fall through first major resistance level would bring the $10,740 pivot into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of the first major support level at $10,657.

The Crypto Daily – Movers and Shakers – September 27th, 2020

Bitcoin, BTC to USD, rose by 0.39% on Saturday. Reversing a 0.41% loss from Friday, Bitcoin ended the day at $10,750.0.

It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,675.0 before making a move.

Steering clear of the first major support level at $10,601, Bitcoin rallied to a mid-morning intraday high $10,841.0.

Bitcoin broke through the first major resistance level at $10,795 before falling back to sub-$10,700 levels and into the red.

Finding late support, Bitcoin struck a late afternoon high $10,795.0 before easing back. The first major resistance level at $10,795 pinned Bitcoin back late in the day.

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

The Rest of the Pack

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

Binance Coin and Bitcoin Cash SV rallied by 6.07% and by 5.32% respectively to lead the way.

Bitcoin Cash ABC (+2.55%), Ethereum (+0.57%), and Litecoin (+0.07%) also found support.

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

Cardano’s ADA (-1.67%), Chainlink (-3.83%), Crypto.com Coin (-0.06%), Polkadot (-2.35%), and Ripple’s XRP (-0.06%) struggled.

In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $324.93bn.

Bitcoin’s dominance rose to a Wednesday high 62.31% before falling to a Saturday low 60.81%. At the time of writing, Bitcoin’s dominance stood at 61.09%.

This Morning

At the time of writing, Bitcoin was up by 0.02% to $10,752.0. A range-bound start to the day saw Bitcoin fall to an early morning low $10,748.1 before rising to a high $10,754.0.

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

Elsewhere, it was a mixed start to the day.

Chainlink (-0.41%), Ethereum (-0.01%), Litecoin (-0.09%), and Polkadot (-0.25%) struggled early on.

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

At the time of writing, Cardano’s ADA was up by 0.56% to lead the way.

BTC/USD 27/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the $10,755 pivot level to support a run at the first major resistance level at $10,836.

Support from the broader market would be needed, however, for Bitcoin to break back through to $10,800 levels.

Barring an extended crypto rally, the first major resistance level and Saturday’s high $10,841 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test resistance at $10,900 before any pullback. The second major resistance level at $10,921 would likely cap any upside, however.

Failure to move through the $10,755 pivot would bring the first major support level at $10,670 into play.

Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,589 should limit any downside.

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

Bitcoin, BTC to USD, slipped by 0.41% on Friday. Following a 4.75% rally on Thursday, Bitcoin ended the day at $10,708.0.

It was a bearish start to the day. Bitcoin fell from an early morning intraday high $10,774.0 to an early afternoon intraday low $10,580.0.

Steering clear of the first major support level at $10,370, Bitcoin recovered to match the intraday high $10,774.

Falling short of the first major resistance level at $10,990, however, Bitcoin eased back to sub-$10,750 and into the red.

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

The Rest of the Pack

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

Cardano’s ADA led the way, surging by 17.41%.

Chainlink and Ripple’s XRP also found strong support, with the pair rising by 8.67% and by 3.73% respectively.

Binance Coin (+0.41%), Bitcoin Cash ABC (+0.79%), Crypto.com Coin (+1.59%), Ethereum (+0.85%), Litecoin (+2.38%), and Polkadot (+1.23%) also found support.

Bitcoin Cash SV joined Bitcoin in the red, however, falling by 1.96%.

In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $323.67bn.

Bitcoin’s dominance fell to a Monday low 60.89% before rising to a Wednesday high 62.31%. At the time of writing, Bitcoin’s dominance stood at 61.07%.

This Morning

At the time of writing, Bitcoin was down by 0.07% to $10,700.4. A mixed start to the day saw Bitcoin rise to an early morning high $10,731.0 before falling to a low $10,693.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (-0.34%), Bitcoin Cash ABC (-0.15%), Ethereum (-0.06%), and Polkadot (-0.14%) saw red early on.

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

At the time of writing, Cardano’s ADA was up by 1.73% to lead the way.

BTC/USD 26/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $10,687 pivot level to support a run at the first major resistance level at $10,795.

Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,744.0.

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 $11,000 before any pullback. The second major resistance level at $10,881 would likely cap any upside, however.

Failure to avoid a fall through the $10,687 pivot would bring the first major support level at $10,601 into play.

Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level sits at $10,493.

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

Bitcoin, BTC to USD, rallied by 4.75% on Thursday. Reversing a 2.72% fall from Wednesday, Bitcoin ended the day at $10,754.

It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,222.0 before making a move.

Steering clear of the first major support level at $10,092, Bitcoin rallied to a late intraday high $10,842.0.

Bitcoin broke through the first major resistance level at $10,495 and the second major resistance level at $10,726.

In spite of a bearish end to the day, Bitcoin avoided a fall back through the second major resistance level.

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

The Rest of the Pack

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

Chainlink led the way, surging by 29.25%.

Binance Coin (+7.75%), Cardano’s ADA (+7.98%), and Ethereum (+8.89%) also saw solid gains.

Bitcoin Cash ABC (+4.10%), Bitcoin Cash SV (+4.08%), Crypto.com Coin (+0.07%), Litecoin (+4.66%), Polkadot (+4.16%), and Ripple’s XRP (+5.23%) saw relatively modest gains on the day.

In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $320.94bn.

Bitcoin’s dominance fell to a Monday low 60.89% before rising to a Wednesday high 62.31%. At the time of writing, Bitcoin’s dominance stood at 61.68%.

This Morning

At the time of writing, Bitcoin was down by 0.21% to $10,731.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,774.0 before falling to a low $10,708.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (+0.40%), Cardano’s ADA (+3.12%), Crypto.com Coin (+2.05%), and Chainlink (+0.38%) bucked the trend early on.

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

At the time of writing, Bitcoin Cash SV was down by 1.50% to lead the way down.

BTC/USD 25/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $10,606 pivot level to support a run at the first major resistance level at $10,990.

Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $10,842.0.

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 $11,200 before any pullback. The second major resistance level at $11,226 would likely cap any upside, however.

Failure to avoid a fall through the $10,606 pivot would bring the first major support level at $10,370 into play.

Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level sits at $9,986.

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

This Morning

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

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

Elsewhere, it was a mixed start to the day.

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

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

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

BTC/USD 23/09/20 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

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

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

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

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

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

This Morning

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

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

Elsewhere, it was a mixed start to the day.

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

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

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

BTC/USD 21/09/20 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

This Morning

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

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

Elsewhere, it was another mixed start to the day

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

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

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

BTC/USD 20/09/20 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

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

This Morning

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

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

Elsewhere, it was a mixed start to the day.

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

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

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

BTC/USD 19/09/20 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

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

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

This Morning

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

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

Elsewhere, it was a mixed start to the day.

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

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

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

BTC/USD 18/09/20 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

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

This Morning

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

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

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

At the time of writing, Ethereum and Ripple’s XRP were up by 3.77% and by 3.59% to lead the way.

BTC/USD 17/09/20 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

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

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

This Morning

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

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

Elsewhere, it was a mixed start to the day.

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

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

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

BTC/USD 15/09/20 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

It was also a mixed week for the majors.

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

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

Binance Coin surged by 34.54% to lead the way.

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

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

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

This Morning

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

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

Elsewhere, it was a mixed start to the day.

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

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

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

BTC/USD 14/09/20 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

Binance Coin surged by 12.08% to lead the way.

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

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

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

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

This Morning

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

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

Elsewhere, it was a mixed start to the day.

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

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

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

BTC/USD 13/09/20 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

This Morning

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

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

Elsewhere, it was a mixed start to the day.

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

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

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

BTC/USD 12/09/20 Daily Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

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

This Morning

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

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

Elsewhere, it was a mixed start to the day.

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

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

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

BTC/USD 11/09/20 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

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

This Morning

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

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

Elsewhere, it was a mixed start to the day.

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

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

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

BTC/USD 09/09/20 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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