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

Bitcoin, BTC to USD, rose by 1.25% on Sunday. Following on from a 0.44% gain on Saturday, Bitcoin ended the week up by 1.18% to $11,518.0.

It was a mixed start to the day. Bitcoin fell to an early morning intraday low $11,364.9 before making a move.

Steering clear of the first major support level at $11,294, Bitcoin rallied to a final hour intraday high $11,520.0.

Bitcoin broke through the first major resistance level at $11,437 and the second major resistance at $11,499.

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 a mixed day on Sunday.

Crypto.com Coin slid by 9.12% to buck the trend on the day.

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

Chainlink (+2.88%), Ethereum (+2.74%), and Polkadot (+2.00%) led the way.

Binance Coin (+1.52%), Cardano’s ADA (+1.49%), and Litecoin (+1.39%) also found strong support.

Bitcoin Cash ABC (+0.57%), Bitcoin Cash SV (+0.80%), and Ripple’s XRP (+0.63%) trailed the front runners on the day.

It was also a mixed week for the crypto majors in the week ending 18th October.

Crypto.com Coin slumped by 21.56% to lead the way down.

Bitcoin Cash SV (-6.73%), Litecoin (-5.73%), Polkadot (-4.29%), and Ripple’s XRP (-5.21%) also saw red.

Binance Coin (+7.57%), Bitcoin Cash ABC (+3.71%), Cardano’s ADA (+0.87%), Chainlink (+0.75%), and Ethereum (+1.12%) joined Bitcoin in the green, however.

For the week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $353.28bn.

Bitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.18%.

This Morning

At the time of writing, Bitcoin was down by 0.31% to $11,482.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,550.0 before falling to a low $11,479.0.

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

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

Bitcoin Cash SV and Ripple’s XRP were up by 0.01% and by 0.06% respectively to buck the trend 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 1.23% to lead the way down.

BTC/USD 19/10/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $11,468 to bring the first major resistance level at $11,570 back into play.

Support from the broader market would be needed, however, for Bitcoin to break out from the morning high $11,550.0.

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

In the event of another crypto breakout, Bitcoin could test the second major resistance level sits at $11,623.

Failure to avoid a fall through the $11,468 pivot would bring the first major support level at $11,415 into play.

Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$11,400 support levels. The second major support level sits at $11,313.

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

Bitcoin, BTC to USD, rose by 0.44% on Saturday. Partially reversing a 1.62% fall from Friday, Bitcoin ended the day at $11,375.0.

It was a mixed start to the day. Bitcoin fell to an early morning low $11,290.0 before striking a mid-morning high $11,388.0.

Leaving the major support and resistance levels untested, Bitcoin slid to an early afternoon intraday low $11,275.0.

Steering clear of the first major support level at $11,176, Bitcoin hit a mid-afternoon intraday high $11,418.0 before easing back.

Falling short of the first major resistance level at $11,511, Bitcoin fell back to end the day at sub-$11,400 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 a mixed day on Saturday.

Bitcoin Cash ABC (-1.52%), Bitcoin Cash SV (-0.19%), Crypto.com Coin (-1.91%), and Litcoin (-1.49%) saw red on the day..

Binance Coin (+0.53%), Cardano’s ADA (+1.61%), Chainlink (+0.31%), Ethereum (+0.80%), Polkadot (+1.16%), and Ripple’s XRP (+0.17%) joined Bitcoin in the green.

In the current week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $350.42bn.

Bitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.19%.

This Morning

At the time of writing, Bitcoin was up by 0.14% to $11,391.0. A mixed start to the day saw Bitcoin fall to an early morning high $11,364.9 before rising to a high $11,410.0.

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

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

Bitcoin Cash SV was down by 0.35% to buck the trend early on.

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

At the time of writing, Binance Coin was up by 1.40% to lead the way.

BTC/USD 18/10/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $11,356 to bring the first major resistance level at $11,437 back into play.

Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,418.0.

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

In the event of another crypto breakout, Bitcoin could test the second major resistance level at $11,499.

Failure to avoid a fall through the $11,356 pivot would bring the first major support level at $11,294 into play.

Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$11,200 levels. The second major support level at $11,213 should limit any downside.

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

Bitcoin, BTC to USD, fell by 1.62% on Friday. Reversing a 0.60% gain from Thursday, Bitcoin ended the day at $11,325.0.

It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,547.0 before hitting reverse.

Falling short of the first major resistance level at $11,668, Bitcoin fell to an early morning intraday low $11,212.0.

The morning pullback saw Bitcoin fall through the first major support level at $11,313.

Finding support in the late morning, Bitcoin briefly revisited $11,400 levels before falling back through the first major support level.

A late move back through to $11,320 levels reduced the deficit on the day. The late move also saw Bitcoin break back through the first major support level at $11,313.

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 a bearish day on Friday.

Binance Coin (-4.18%), Bitcoin Cash ABC (-5.22%), and Bitcoin Cash SV (-5.16%) led the way down.

Cardano’s ADA (-2.25%), Ethereum (-3.26%), Litecoin (-3.87%), Polkadot (-2.81%), and Ripple’s XRP (-2.31%) also struggled.

Chainlink (-1.57%) and Crypto.com Coin (-1.94%) saw relatively modest losses on the day.

In the current week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $347.00bn.

Bitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.28%.

This Morning

At the time of writing, Bitcoin was down by 0.25% to $11,297.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,334.0 before falling to a low $11,290.0.

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

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

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

BTC/USD 17/10/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the pivot level at $11,361 to bring the first major resistance level at $11,511 into play.

Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.

Barring an extended crypto rally, the first major resistance level and Friday’s high $11,547.0 would likely cap any upside.

In the event of another crypto breakout, Bitcoin could test resistance at $11,600 before any pullback. The second major resistance level sits at $11,696.

Failure to move through the $11,361 pivot would bring the first major support level at $11,176 into play.

Barring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $11,026.

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

Bitcoin, BTC to USD, rose by 0.60% on Thursday. Following a 0.02% decline on Wednesday, Bitcoin ended the day at $11,509.0.

It was a bearish start to the day. Bitcoin fell to a late morning intraday low $11,277 before making a move.

The morning pullback saw Bitcoin fall through the first major support level at $11,311.

Finding support going into the afternoon, however, Bitcoin struck a late intraday high $11,632.

Bitcoin broke through the first major resistance level at $11,566 before falling back to sub-$11,500 levels.

Finding late support, however, Bitcoin broke back through to $11,500 levels to end the day in the green. Resistance at $11,500 continued to peg Bitcoin back, however.

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 a mixed day on Thursday.

Binance Coin (+1.69%), Bitcoin Cash ABC (+1.04%), and Bitcoin Cash SV (-0.14%) joined Bitcoin in the green.

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

Polkadot led the way down, falling by 3.00%.

Chainlink (-1.20%), and Ripple’s XRP (-1.23%) also struggled.

Cardano’s ADA (-0.36%), Crypto.com Coin (-0.29%), Ethereum (-0.28%), and Litecoin (-0.46%) saw relatively modest losses on the day.

In the current week, the crypto total market slid to a Monday low $344.29bn before rising to a Monday high $365.23bn. At the time of writing, the total market cap stood at $353.67bn.

Bitcoin’s dominance fell to a Monday low 59.47% before rising to a Thursday high 60.21%. At the time of writing, Bitcoin’s dominance stood at 60.19%.

This Morning

At the time of writing, Bitcoin was down by 0.06% to $11,502.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,489.0 before rising to a high $11,512.0.

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

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

Cardano’s ADA (-0.64%), Chainlink (-0.61%), Ethereum (-0.10%), Litecoin (-0.26%), Polkadot (-0.15%), and Ripple’s XRP (-0.09%) joined Bitcoin in the red.

At the time of writing, Binance Coin was up by 0.56% to lead the way. Bitcoin Cash SV (+0.19%) and Crypto.com Coin (+0.14%) also found early support.

BTC/USD 16/10/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $11,473 to bring the first major resistance level at $11,668 into play.

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

Barring an extended crypto rally, the first major resistance level and Thursday’s high $11,632.0 would likely cap any upside.

In the event of another crypto breakout, Bitcoin could test resistance at $11,900 before any pullback. The second major resistance level sits at $11,828.

Failure to avoid a fall through the $11,473 pivot would bring the first major support level at $11,313 into play.

Barring an extended crypto sell-off, Bitcoin should to steer clear of the second major support level at $11,118.

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

Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Partially reversing a 1.55% gain from Monday, Bitcoin ended the day at $11,442.0.

It was a mixed start to the day. Bitcoin rose to a late morning intraday high $11,574.9 before hitting reverse.

Falling well short of the first major resistance level at $11,830, Bitcoin fell to an early afternoon intraday low $11,333.0.

Steering clear of the first major support level at $11,201 Bitcoin briefly revisited $11,470 levels before easing back.

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 a mixed day on Tuesday.

Binance Coin (+0.26%), Bitcoin Cash ABC (+5.77%), Bitcoin Cash SV (+0.71%), and Ripple’s XRP (+0.25%) found support.

It was a bearish day for the rest of the majors. Chainlink and Crypto.com Coin slid by 3.84% and by 4.77% respectively to lead the way down.

Cardano’s ADA (-0.24%), Ethereum (-1.40%), Litecoin (-1.30%), and Polkadot (-0.35%) saw relatively modest losses on the day.

At the start of the week, the crypto total market slid to a Monday low $344.29bn before rising to a Monday high $365.23bn. At the time of writing, the total market cap stood at $355.63bn.

Bitcoin’s dominance rose to a Monday high 60.10% before falling to a Monday low 59.47%. At the time of writing, Bitcoin’s dominance stood at 59.66%.

This Morning

At the time of writing, Bitcoin was up by 0.22% to $11,467.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,427.0 before rising to a high $11,467.0.

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, Chainlink was up by 1.72% to lead the way.

BTC/USD 14/10/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the pivot level at $11,450 to bring the first major resistance level at $11,567 into play.

Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $11,574.9 would likely cap any upside.

In the event of another crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,692.

Failure to avoid a fall back through the $11,450 pivot would bring the first major support level at $11,325 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,200 levels. The second major support level at $11,208 should limit any downside.

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

Bitcoin, BTC to USD, rose by 0.68% on Sunday. Following on from a 2.14% rally on Saturday, Bitcoin ended the week up by 6.53% to $11,385.0.

It was a bullish start to the day. Bitcoin rose to a mid-afternoon intraday high $11,451.0 before easing back.

Falling short of the first major resistance level at $11,518, Bitcoin fell to a late intraday low $11,279.5.

Steering well clear of the first major support level at $11,084, Bitcoin briefly moved back through to $11,400 levels before easing back. The late recovery delivered the upside on the day.

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 a mixed day on Sunday.

Crypto.com Coin (-0.51%) and Polkadot (-0.80%) bucked the trend on the day.

It was a bullish day for the rest of the majors, with Chainlink and Litecoin rallying by 3.33% and by 3.32% to lead the way.

Binance Coin (+0.46%), Bitcoin Cash ABC (+0.48%), Bitcoin Cash SV (+0.26%), Cardano’s ADA (+1.61%), Ethereum (0.98%), and Ripple’s XRP (+0.54%) also joined Bitcoin in the green.

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

Binance Coin (-1.52%) and Polkadot (-4.49%) saw red for the week.

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

Cardano’s ADA (+10.15%) and Chainlink (+15.7%) led the way, with Bitcoin Cash ABC (+7.47%) and Litecoin (+8.07%) also seeing solid gains.

Bitcoin Cash SV (+6.21%), Crypto.com Coin (+5.09%), Ethereum (+6.23%), and Ripple’s XRP (+3.07%), trailed the front runners.

In the week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Saturday high $357.46bn. At the time of writing, the total market cap stood at $351.25bn.

Bitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 59.95%.

This Morning

At the time of writing, Bitcoin was down by 0.01% to $11,384.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,388.0 before falling to a low $11,360.0

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

Elsewhere, it was a mixed start to the day.

Binance Coin (+1.25%) and Bitcoin Cash SV (+0.30%) bucked the trend early on.

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

At the time of writing, Chainlink was down by 1.43% to lead the way down.

BTC/USD 12/10/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $11,372 to bring the first major resistance level at $11,464 into play.

Support from the broader market would be needed, however, for Bitcoin to break back through to $11,400 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $11,451 would likely cap any upside.

In the event of another crypto breakout, Bitcoin could test resistance at $11,500 and the second major resistance level at $11,543.

Failure to avoid a fall through the $11,372 pivot would bring the first major support level at $11,293 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,200 levels. The second major support level sits at $11,200.

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

Bitcoin, BTC to USD, rallied by 2.14% on Saturday. Following on from a 1.17% gain on Friday, Bitcoin ended the day at $11,308.0

It was a bullish start to the day. Bitcoin rallied from an intraday low $11,071.0 to an early morning intraday high $11,505.0.

Steering clear of the major support levels, Bitcoin broke through the first major resistance level at $11,186 and the second major resistance level at $11,300.

Hitting resistance at $11,500, Bitcoin fell back to sub-$11,300 levels before finding support in the afternoon.

A move back through to $11,400 levels was brief, however, with Bitcoin falling back to end the day at $11,300 levels.

The second major resistance level at $11,300 delivered support late in the day.

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 a mixed day on Saturday.

Cardano’s ADA rallied by 3.65% to lead the way. Crypto.com Coin (+2.10%) and Litecoin (+2.26%) weren’t far behind.

Bitcoin Cash ABC (+0.53%), Bitcoin Cash SV (+1.47%), Chainlink (+1.01%), Ethereum (1.48%), and Ripple’s XRP (+0.36%) also joined Bitcoin in the green.

Binance Coin (-0.04%) and Polkadot (-2.33%) bucked the trend on the day, however.

In the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Saturday high $357.46bn. At the time of writing, the total market cap stood at $350.08bn.

Bitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 60.04%.

This Morning

At the time of writing, Bitcoin was up by 0.49% to $11,363.0. It was a mixed start to the day. Bitcoin fell to an early morning low $11,297.0 before striking a high $11,402.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (-0.83%), Bitcoin Cash ABC (-0.39%), Crypto.com Coin (-0.39%), Chainlink (-1.14%), and Polkadot (-0.88%) 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 1.16% to lead the way.

BTC/USD 11/10/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $11,295 to bring the first major resistance level at $11,518 into play.

Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.

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

In the event of another crypto breakout, Bitcoin could test resistance at $11,700 and the second major resistance level at $11,729.

Failure to avoid a fall through the $11,295 pivot would bring the first major support level at $11,084 into play.

Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$11,000 levels. The second major support level sits at $10,861.

The Crypto Daily – Movers and Shakers – October 10th, 2020

Bitcoin, BTC to USD, rose by 1.17% on Friday. Following on from a 2.39% rally on Thursday, Bitcoin ended the day at $11,071.0

It was another bearish start to the day. Bitcoin fell to a mid-morning intraday low $10,853.1 before making a move.

Steering clear of the first major support level at $10,666, Bitcoin rallied to a late morning intraday high $11,134.0.

Bitcoin broke through the first major resistance level at $11,096 to visit $11,100 levels before easing back. It was Bitcoin’s first close out at $11,000 levels since 20th September.

The near-term bullish trend remained intact, in spite of the recent pullback to sub-$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 bullish day on Friday.

Cardano’s ADA (+5.05%) and Chainlink (+8.89%) led the way.

Binance Coin (+2.31%), Ethereum (4.04%), and Polkadot (+2.39%) weren’t far behind.

Bitcoin Cash ABC (+1.47%), Bitcoin Cash SV (+1.79%), Crypto.com Coin (+0.86%), Litecoin (+1.23%), and Ripple’s XRP (+0.68%) trailed the pack, however.

In the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Friday high $346.22bn. At the time of writing, the total market cap stood at $344.02bn.

Bitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 59.62%.

This Morning

At the time of writing, Bitcoin was up by 0.22% to $11,095.8. A bullish start to the day saw Bitcoin rise from an early morning low $11,071.0 to a high $11,111.0.

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

Elsewhere, it was a mixed start to the day.

Crypto.com Coin was down by 0.26% to buck the trend early in the day.

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

At the time of writing, Cardano’s ADA was up by 2.29% to lead the way.

BTC/USD 10/10/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $11,019 to bring the first major resistance level at $11,186 into play.

Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $11,134.0.

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 $11,300.

Failure to avoid a fall through the $11,019 pivot would bring the first major support level at $10,905 into play.

Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$10,800 levels. The second major support level sits at $10,739.

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

Bitcoin, BTC to USD, rallied by 2.39% on Thursday. Following on from a 0.70% gain on Wednesday, Bitcoin ended the day at $10,943.0.

It was a bearish start to the day. Bitcoin fell to an early morning intraday low $10,541.0 before making a move.

The reversal saw Bitcoin fall through the first major support level at $10,603.

Supported by a broad-based crypto rebound, however, Bitcoin rallied to a late afternoon intraday high $10,971.0.

Bitcoin broke through the day’s major resistance levels to wrap up the day at $10,900 levels.

The near-term bullish trend remained intact, in spite of the pullback to sub-$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 bullish day on Thursday.

Chainlink (+6.18%) and Polkadot (+4.16%) led the way.

Bitcoin Cash ABC (+2.84%), Cardano’s ADA (+2.75%), and Ethereum (+2.79%) weren’t far behind.

Binance Coin (+0.07%), Bitcoin Cash SV (+0.70%), Crypto.com Coin (+1.97%), Litecoin (+1.50%), and Ripple’s XRP (+1.01%) trailed the pack, however.

In the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Thursday high $339.24bn. At the time of writing, the total market cap stood at $334.78bn.

Bitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 60.12%.

This Morning

At the time of writing, Bitcoin was down by 0.50% to $10,888.6. A mixed start to the day saw Bitcoin rise to an early morning high $10,959.0 before falling to a low $10,885.0.

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

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

At the time of writing, Chainlink was down by1.31% to lead the way down.

BTC/USD 09/10/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $10,818 to bring the first major resistance level at $11,096 into play.

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

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

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,248 and resistance at $11,300.

Failure to avoid a fall through the $10,818 pivot would bring the first major support level at $10,666 into play.

Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$10,800 levels. The second major support level sits at $10,388.

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

Bitcoin, BTC to USD, fell by 1.79% on Tuesday. Reversing a 1.12% gain from Monday, Bitcoin ended the day at $10,613.7.

It was a mixed start to the day. Bitcoin rose to an early morning intraday high $10,820 before hitting reverse.

Coming up short the first major resistance level at $10,870, Bitcoin slid to a late intraday low $10,548.0.

Bitcoin fell through the first major support level at $10,691 and the second major support level at $10,574.

Steering clear of sub-$10,500 levels, Bitcoin broke back through the second major support level to end the day at $10,600 levels.

The near-term bullish trend remained intact, in spite of the pullback to sub-$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 mixed day on Tuesday.

Crypto.com Coin rose by 0.13% to buck the trend on the day.

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

Chainlink and Polkadot slid by 8.95% and by 8.29% respectively to lead the way down.

Binance Coin (-3.21%), Bitcoin Cash SV (-2.80%), Cardano’s ADA (-4.71%), Ethereum (-3.69%), and Ripple’s XRP (-2.12%) also saw heavy losses.

Bitcoin Cash ABC (-1.16%) and Litecoin (-0.73%) saw relatively modest losses.

At the start of the week, the crypto total market rose to a Monday high $335.65bn before sliding to a Tuesday low $324.30bn. At the time of writing, the total market cap stood at $325.65bn.

Bitcoin’s dominance fell to a Monday low 59.28% before rising to an early Wednesday high 60.23%. At the time of writing, Bitcoin’s dominance stood at 60.17%.

This Morning

At the time of writing, Bitcoin was down by 0.11% to $10,602.0 A bearish start to the day saw Bitcoin fall from an early morning high $10,616.0 to a low $10,596.0.

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

Elsewhere, it was a mixed start to the day. Bitcoin Cash SV was up by 0.61% to buck the trend 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 1.48% to lead the way down.

BTC/USD 07/10/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the pivot level at $10,661 to bring the first major resistance level at $10,773 into play.

Support from the broader market would be needed, however, for Bitcoin to break back through to $10,700 levels.

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

In the event of a crypto breakout, Bitcoin could test resistance at $10,800 before any pullback. The second major resistance level sits at $10,933.

Failure to move through the $10,661 pivot would bring the first major support level at $10,501 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 $10,389.

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

Bitcoin, BTC to USD, rose by 1.22% on Sunday. Reversing a 0.26% fall from Saturday, Bitcoin ended the week down by 1.08% to $10,678.0.

It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,541.0 before finding support.

Steering clear of the first major support level at $10,509, Bitcoin rose to a mid-morning high $10,676.0.

Bitcoin broke through the first major resistance level at $10,612 and the second major resistance level at $10,666.

A pullback through the late morning saw Bitcoin fall back through to sub-$10,600 levels going into the afternoon.

Through the 2nd half of the day, Bitcoin rallied to a late intraday high $10,713.0 before easing back to end the day at $10,680 levels.

The rally saw Bitcoin break back through the first and second major resistance levels.

The near-term bullish trend remained intact, in spite of the latest pullback to sub-$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 bullish day on Sunday.

Ripple’s XRP rallied by 6.50% to lead the way.

Binance Coin (+2.80%), Cardano’s ADA (+3.71%), and Litecoin (+2.52%) also found strong support.

Bitcoin Cash ABC (+0.73%), Bitcoin Cash SV (+1.23%), Chainlink (+1.38%), Crypto.com Coin (+0.48%), Ethereum (+1.82%), and Polkadot (+1.48%) trailed the front runners.

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

Binance Coin rallied by 10.44% to lead the way, with Litecoin (+1.35%) and Ripple’s XRP (+1.86%) also making gains.

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

Chainlink led the way down, sliding by 12.95%.

Bitcoin Cash ABC (-3.71%), Bitcoin Cash SV (-5.46%), Cardano’s ADA (-4.39%), Crypto.com Coin (-4.53%), Ethereum (-1.41%), and Polkadot (+1.98%) also joined Bitcoin in the red.

In the week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.03bn. At the time of writing, the total market cap stood at $334.06bn.

Bitcoin’s dominance fell to a Thursday low 58.73% before rising to a Friday high 60.02%. At the time of writing, Bitcoin’s dominance stood at 59.31%.

This Morning

At the time of writing, Bitcoin was up by 0.27% to $10,716.0. A bullish start to the day saw Bitcoin rally from an early morning low $10,680.0 to a high $10,758.0.

Bitcoin tested the first major resistance level at $10,753 early on.

Elsewhere, it was a mixed start to the day.

Litecoin was down by 0.30% to buck the trend early on.

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

At the time of writing, Cardano’s ADA was up by 2.39% to lead the way.

BTC/USD 05/10/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the pivot level at $10,647 to bring the first major resistance level at $10,753 back into play.

Support from the broader market would be needed, however, for Bitcoin to hold onto $10,700 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 $10,819 before any pullback.

Failure to avoid a fall back through the $10,647 pivot would bring the first major support level at $10,581 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level sits at $10,475.

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.