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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

It was also a mixed week for the majors.

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

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

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

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

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

This Morning

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

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

Elsewhere, it was a mixed start to the day.

Crypto.com Coin was up by 0.47%, with Bitcoin Cash SV flat to buck the trend early on.

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

At the time of writing, Ripple’s XRP was down by 1.18% to lead the way down.

BTCUSD 071220 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

In the event of a crypto breakout, Bitcoin could test resistance at $20,000 before any pullback. The second major resistance level sits at $19,817.

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

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

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

This Morning

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

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

Elsewhere, it was a mixed start to the day.

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

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

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

BTCUSD 061220 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

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

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

This Morning

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

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

Elsewhere, it was a mixed start to the day.

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

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

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

BTCUSD 051220 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

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

This Morning

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

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

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

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

BTCUSD 041220 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

In the event of a crypto breakout, Bitcoin could test resistance at $20,000 before any pullback. The second major resistance level sits at $20,054.

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

This Morning

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

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

Elsewhere, it was a mixed start to the day.

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

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

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

BTCUSD 021220 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

Litecoin rallied by 8.58% to lead the way.

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

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

It was also a mixed bag for the week.

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

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

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

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

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

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

This Morning

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

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

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

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

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

BTCUSD 301120 Hourly Chart

For the Bitcoin Day Ahead

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

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

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

In the event of a crypto breakout, Bitcoin could test resistance at $19,000 before any pullback. The second major resistance level sits at $18,820.

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

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

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

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

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

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

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

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

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

The Rest of the Pack

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

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

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

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

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

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

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

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

This Morning

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

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

Elsewhere, it was a bearish start to the day.

At the time of writing, Ripple’s XRP was down by 1.51% to lead the way down.

BTCUSD 291120 Hourly Chart

For the Bitcoin Day Ahead

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

Support from the broader market would be needed for Bitcoin to break through to $18,000 levels.

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

In the event of a crypto breakout, Bitcoin could test resistance at $18,500 before any pullback. The second major resistance level sits at $18,512.

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

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

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

Bitcoin, BTC to USD, fell by 0.24% on Friday. Following on from an 8.09% slide on Thursday, Bitcoin ended the day at $17,171.0.

A mixed start to the day saw Bitcoin rise to an early morning intraday high $17,531.0 before hitting reverse.

Falling short of the first major resistance level at $18,641, Bitcoin slid to a mid-afternoon intraday low $16,501.0.

Steering clear of the first major support level at $16,050, Bitcoin moved back through to $17,100 levels to limit the downside on the day.

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

The Rest of the Pack

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

Ripple’s XRP rose by 4.64% to lead the way.

Binance Coin (+0.80%), Cardano’s ADA (+2.44%), and Polkadot (+0.11%) also found support.

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

Crypto.com Coin slid by 4.79% to lead the way down.

Bitcoin Cash SV (-2.81%), Chainlink (-0.74%), Ethereum (-0.25%), and Litecoin (-2.70%), also joined Bitcoin in the red.

In the current week, the crypto total market cap rose to a Tuesday high $593.32bn before sliding to a Thursday low $467.23bn. At the time of writing, the total market cap stood at $504.22bn.

Bitcoin’s dominance rose to a Monday high 64.75% before sliding to a Tuesday low of 60.80%. At the time of writing, Bitcoin’s dominance stood at 62.94%.

This Morning

At the time of writing, Bitcoin was down by 0.22% 17,133.0. A mixed start to the day saw Bitcoin rise to an early morning high $17,198.0 before falling to a low $17,031.0.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV (+0.71%) and Crypto.com Coin (+3.90%) bucked the trend early on.

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

At the time of writing, Polkadot was down by 0.65% to lead the way down.

BTCUSD 281120 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the pivot level at $17,068 to bring the first major resistance level at $17,634 into play.

Support from the broader market would be needed for Bitcoin to break back through to $17,500 levels.

Barring an extended crypto rally, the first major resistance level and Friday’s high $17,531.0 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test resistance at $18,000 before any pullback. The second major resistance level sits at $18,098.

Failure to avoid a fall back through the $17,068 pivot would bring the first major support level at $16,604 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$16,000 levels. The second major support level at $16,038 should limit any downside.

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

Crypto.com Coin, BTC to USD, slid by 8.09% on Thursday. Following on from a 2.12% loss on Wednesday, Bitcoin ended the day at $17,213.0.

A mixed start to the day saw Bitcoin rise to an early morning intraday high $18,908.0 before hitting reverse.

Falling short of the first major resistance level at $19,316, Bitcoin slumped to a late intraday low $16,317.0.

The extended sell-off saw Bitcoin fall through the day’s major support levels before finding support.

A late move back through the third major support level at $16,914 to $17,000 levels reduced the deficit on the day.

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

The Rest of the Pack

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

Crypto.com Coin slumped by 19.23% to lead the way down.

Binance Coin (-9.74%), Bitcoin Cash SV (-13.85%), Cardano’s ADA (-10.72%), Chainlink (-11.68%), Ethereum (-8.58%), Litecoin (-12.96%), and Ripple’s XRP (-14.78%) also saw heavy losses.

Polkadot (-0.86%) saw a modest loss on the day.

In the current week, the crypto total market cap rose to a Tuesday high $593.15bn before sliding to a Thursday low $467.23bn. At the time of writing, the total market cap stood at $509.07bn.

Bitcoin’s dominance rose to a Monday high 64.75% before sliding to a Tuesday low of 60.80%. At the time of writing, Bitcoin’s dominance stood at 63.12%.

This Morning

At the time of writing, Bitcoin was up by 0.69% to $17,331.1. A mixed start to the day saw Bitcoin fall to an early morning low $17,091.0 before rising to a high $17,348.0.

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

Elsewhere, it was a mixed start to the day.

Crypto.com Coin bucked the trend early on, falling by 0.77%.

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

At the time of writing, Ripple’s XRP was up by 2.74% to lead the pack.

BTCUSD 271120 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move through the pivot level at $17,479 to bring the first major resistance level at $18,641 into play.

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

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

In the event of a crypto breakout, Bitcoin could test resistance at $19,000 before any pullback. The second major resistance level sits at $20,070.

Failure to move through the $17,479 pivot would bring the first major support level at $16,050 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$15,000 levels. The 23.6% FIB of $15,840 should limit any downside. In the event of another sell-off, the second major support level sits at $14,888.

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

Bitcoin, BTC to USD, rallied by 4.18% on Tuesday. Reversing a 0.10% decline from Monday, Bitcoin ended the day at $19,131.0.

A mixed start to the day saw Bitcoin fall to a mid-morning intraday low $18,130.0 before making a move.

Steering clear of the first major support level at $18,009, Bitcoin rallied to an early afternoon intraday high and a new swing hi $19,400.0.

Bitcoin broke through the first major resistance level at $18,730 and the second major resistance level at $19,087.

A bearish end to the day saw Bitcoin fall back to end the day at sub-$19,200 levels.

The near-term bullish trend remained intact, supported by the latest move through to $19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,883 to form a near-term bearish trend.

The Rest of the Pack

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

Ripple’s XRP and Crypto.com Coin rallied by 12.39% and by 14.37% respectively to lead the way.

Binance Coin (+9.38%), Bitcoin Cash SV (+6.30%), and Cardano’s ADA (+8.20%) also found strong support.

Chainlink (+2.57%) and Litecoin (+0.24%) trailed the front runners, while Ethereum (-0.63%) and Polkadot (-6.82%) bucked the trend on the day.

In the current week, the crypto total market cap fell to a Monday low $515.94bn before rising to a Tuesday high $593.32bn. At the time of writing, the total market cap stood at $566.69bn.

Bitcoin’s dominance rose to a Monday high 64.75% before sliding to a Tuesday low of 60.80%. At the time of writing, Bitcoin’s dominance stood at 62.49%.

This Morning

At the time of writing, Bitcoin was down by 0.28% to $19,078.0. A mixed start to the day saw Bitcoin rise to an early morning high $19,198 before falling to a low $19,046.0.

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

Elsewhere, it was a mixed start to the day.

Ethereum (-0.38%) and Ripple’s XRP (-4.93%) joined Bitcoin in the red early on.

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

At the time of writing, Binance Coin and Crypto.com Coin were up by 1.43% and by 1.48% respectively to lead the pack.

BTCUSD 251120 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $18,887 to bring the first major resistance level at $19,644 into play.

Support from the broader market would be needed for Bitcoin to break out from Tuesday’s high $19,400.0

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 resistance at $20,000 before any pullback. The second major resistance level sits at $20,157.

Failure to avoid a fall through the $18,887 pivot would bring the first major support level at $18,374 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$18,000 levels. The second major support level sits at $17,617.

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

Bitcoin, BTC to USD, fell by 1.44% on Sunday. After ending the day flat on Saturday, Bitcoin ended the week up by 15.2% to $18,392.0.

A mixed start to the day saw Bitcoin rise to an early morning intraday high $18,732.0 before hitting reverse.

Falling short of the first major resistance level at $18,962, Bitcoin fell to a late morning intraday low $17,645.0.

Bitcoin fell through the first major support level at $18,340 and the second major support level at $18,021.

Steering clear of sub-$17,500 levels, Bitcoin found support in the 2nd half to wrap up the day at $18,600 levels. The late support saw Bitcoin break back through the major support levels.

The near-term bullish trend remained intact, supported by the latest move through to $18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,709 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.

Cardano’s ADA jumped by 9.36% to lead the way.

Ethereum also found support, rising by 1.40% to close out the week on a high.

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

Bitcoin Cash SV and Chainlink led the way down, with losses of 8.47% and 6.31% respectively.

Binance Coin (-1.56%), Crypto.com Coin (-4.09%), Litecoin (-4.90%), Polkadot (-3.16%), and Ripple’s XRP (-3.56%) also struggled.

For the week, it was a bullish one for the majors.

Ripple’s XRP surged by 60.9% to lead the way.

Bitcoin Cash SV (+14.78%), Cardano’s ADA (+45.3%), Chainlink (+19.6%), Ethereum (+25.0%), and Litecoin (+33.1%) also found strong support.

Binance Coin (+8.47%), Crypto.com Coin (+6.83%), and Polkadot (+9.46%) trailed the front runners, however.

In the week, the crypto total market cap rose from a Monday low $445.47bn to a Sunday high $545.25bn. At the time of writing, the total market cap stood at $522.02bn.

Bitcoin’s dominance rose to a Wednesday high 67.46% before sliding to a Sunday low of 63.86%. At the time of writing, Bitcoin’s dominance stood at 64.52%.

This Morning

At the time of writing, Bitcoin was down by 1.02% to $18,205.0. A mixed start to the day saw Bitcoin rise to an early morning high $18,498.0 before falling to a low $18,003.0.

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

Elsewhere, it was a mixed start to the day.

Polkadot (+0.99%), Cardano’s ADA (+0.58%), and Binance Coin (+1.27%) 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 1.26% to lead the way down.

BTCUSD 231120 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move back through the pivot level at $18,256 to bring the first major resistance level at $18,868 into play.

Support from the broader market would be needed for Bitcoin to break out from $18,500 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 $19,500 before any pullback. The second major resistance level sits at $19,343.

Failure to move back through the $18,256 pivot would bring the first major support level at $17,781 into play.

Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$17,500 levels. The second major support level sits at $17,169.

The Crypto Daily – Movers and Shakers – November 22nd, 2020

Bitcoin, BTC to USD, ended the day flat at $18,660.0 on Saturday. On Friday, Bitcoin had rallied by 4.73%.

It was a bullish start to the day. Bitcoin rallied to an early morning intraday high and new swing hi $18,945.0 before hitting reverse.

Falling short of the first major resistance level at $19,062, Bitcoin fell to a mid-day intraday low $18,323.0.

Steering clear of the first major support level at $18005, Bitcoin briefly revisited $18,800 levels before easing back.

The near-term bullish trend remained intact, supported by the latest move through to $18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,709 to form a near-term bearish trend.

The Rest of the Pack

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

Ripple’s XRP surged by a whopping 39.95% to lead the way.

Bitcoin Cash SV (+16.00%), Cardano’s ADA (+12.69%), Chainlink (+9.81%), Ethereum (+8.35%), Polkadot (+10.33%), and Ripple’s XRP (+8.74%) also made strong gains.

Binance Coin (+5.23%), Crypto.com Coin (+0.55%), Litecoin (+5.43%), trailed the front runners, however.

In the current week, the crypto total market cap rose from a Monday low $445.47bn to a Saturday high $544.20bn. At the time of writing, the total market cap stood at $529.35bn.

Bitcoin’s dominance rose to a Wednesday high 67.46% before sliding to an early Sunday low of 64.32%. At the time of writing, Bitcoin’s dominance stood at 64.95%.

This Morning

At the time of writing, Bitcoin was down by 0.95% to $18,482.0. A mixed start to the day saw Bitcoin rise to an early morning high $18,732.0 before falling to an early morning low $18,415.0.

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

Elsewhere, it was a bearish start to the day.

At the time of writing, Ripple’s XRP was down by 5.45% to lead the way down.

BTCUSD 221120 Daily Chart

For the Bitcoin Day Ahead

Bitcoin would need to move back through the pivot level at $18,643 to bring the first major resistance level at $18,962 into play.

Support from the broader market would be needed for Bitcoin to break back through to $18,900 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 $19,500 before any pullback. The second major resistance level sits at $19,265.

Failure to move back through the $18,643 pivot would bring the first major support level at $18,340 into play.

Barring another extended crypto sell-off, Bitcoin should steer well clear of sub-$18,000 levels. The second major support level at $18,021 should limit any downside.

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

Bitcoin, BTC to USD, rallied by 4.73% on Friday. Following on from a 0.25% gain on Thursday, Bitcoin ended the day at $18,660.0.

It was a mixed start to the day. Bitcoin slipped to an early morning intraday low $17,753 before making a move.

Steering clear of the first major support level at $17,386, Bitcoin rallied to a late afternoon intraday high $18,810.0.

Bitcoin broke through the first major resistance level at $18,208 and the second major resistance level at $18,598.

A late pullback saw Bitcoin briefly fall back through the second major resistance level before wrapping up the day at $18,600 levels.

The near-term bullish trend remained intact, supported by the latest move through to $18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,657 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 surged by 11.71% to lead the way.

Crypto.com Coin (+9.45%), Ethereum (+8.16%), and Ripple’s XRP (+8.74%) also rallied on the day.

Binance Coin (+3.04%), Bitcoin Cash SV (+5.05%), Chainlink (+3.49%), Litecoin (+1.25%), and Polkadot (+4.94%) trailed the front runners.

In the current week, the crypto total market cap rose from a Monday low $445.47bn to a Saturday morning high $526.31bn. At the time of writing, the total market cap stood at $522.55bn.

Bitcoin’s dominance fell to a Monday low 65.43% before rising to a Wednesday high 67.46%. At the time of writing, Bitcoin’s dominance stood at 66.94%.

This Morning

At the time of writing, Bitcoin was up by 0.94% to $18,836.0. A mixed start to the day saw Bitcoin fall to an early morning low $18,629.4 before rising to a high $18,899.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin was down by 0.15% to buck the trend early on.

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

At the time of writing, Crypto.com Coin was up by 6.71% to lead the way.

BTCUSD 211120 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $18,408 to bring the first major resistance level at $19,062 into play.

Support from the broader market would be needed for Bitcoin to break through to $19,000 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 $19,500 before any pullback. The second major resistance level sits at $19,465.

Failure to avoid a fall through the $18,408 pivot would bring the first major support level at $18,005 into play.

Barring another extended crypto sell-off, Bitcoin should steer well clear of sub-$18,000 levels. The second major support level sits at $17,351.

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

Bitcoin, BTC to USD, rose by 0.25% on Thursday. Following on from a 0.56% gain on Wednesday, Bitcoin ended the day at $17,818.0.

It was a mixed start to the day. Bitcoin rose to an early morning high $18,044.0 before hitting reverse.

Falling short of the major resistance levels, Bitcoin fell to a late morning intraday low $17,344.0.

Steering clear of the first major support level at $17,112, Bitcoin climbed to a mid-afternoon intraday high $18,166.0.

Falling short of the first major resistance level at $18,443, however, Bitcoin slipped back to end the day at sub-$18,000.

The near-term bullish trend remained intact, supported by the latest move through to $18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,520 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.

Bitcoin Cash SV (-0.14%), Cardano’s ADA (-0.45%), Ethereum (-1.48%), and saw red on the day.

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

Litecoin surged by 11.09% to lead the way.

Binance Coin (+0.17%), Chainlink (+0.40%), Crypto.com Coin (+3.89%), Polkadot (+1.52%), and Ripple’s XRP (+3.42%) also joined Bitcoin in the green.

In the current week, the crypto total market cap rose from a Monday low $445.47bn to a Wednesday high $514.87bn. At the time of writing, the total market cap stood at $493.44bn.

Bitcoin’s dominance fell to a Monday low 65.43% before rising to a Wednesday high 67.46%. At the time of writing, Bitcoin’s dominance stood at 67.12%.

This Morning

At the time of writing, Bitcoin was up by 0.08% to $17,833,0. A mixed start to the day saw Bitcoin fall to an early morning low $17,797.0 before rising to a high $17,934.0.

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

Elsewhere, it was a mixed start to the day.

Chainlink (-0.15%), Crypto.com Coin (-0.45%), and Ripple’s XRP (-0.54%) struggled early on.

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

At the time of writing, Bitcoin Cash SV (+1.07%) and Litecoin (+1.52%) led the way.

BTCUSD 201120 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $17,776 to bring the first major resistance level at $18,208 into play.

Support from the broader market would be needed for Bitcoin to break out from Thursday’s high $18,166.0.

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 resistance at $18,500 before any pullback. The second major resistance level sits at $18,598.

Failure to avoid a fall through the $17,776 pivot would bring the first major support level at $17,386 into play.

Barring another extended crypto sell-off, Bitcoin should steer well clear of sub-$17,000 levels. The second major support level sits at $16,954.

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

Bitcoin, BTC to USD, rallied by 5.72% on Tuesday. Following on from a 4.72% rise on Monday, Bitcoin ended the day at $16,674.9.

It was a mixed start to the day. Bitcoin slipped to an early morning intraday low $16,535.0 before making a move.

Steering clear of the first major support level at $16,105, Bitcoin rallied to a late afternoon intraday high and a new swing hi $17,815.0.

Bitcoin broke through the first major resistance level at $17,103 and the second major resistance level at $17,486.

Coming up short of $18,000 levels, Bitcoin briefly fell back through the second major resistance level.

Finding late support, however, Bitcoin broke back through the second major resistance level to wrap up the day at $17,670 levels.

The near-term bullish trend remained intact, supported by the latest move through to $17,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $8,768 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.

Bitcoin Cash SV (+5.74%), Chainlink (+5.88%), Cardano’s ADA (+5.38%), Ethereum (+4.73%), and Ripple’s XRP (+5.08%) led the way.

Binance Coin (+2.20%), Crypto.com Coin (+1.24%), Litecoin (+3.51%), and Polkadot (+1.95%) saw relatively modest gains on the day.

At the start of the week, the crypto total market cap rose from a Monday low $445.47bn to a Tuesday high $504.31bn. At the time of writing, the total market cap stood at $493.74bn.

Bitcoin’s dominance fell to a Monday low 65.43% before rising to a Tuesday high 66.63%. At the time of writing, Bitcoin’s dominance stood at 66.51%.

This Morning

At the time of writing, Bitcoin was up by 0.07% to $17,687.0. A mixed start to the day saw Bitcoin fall to an early morning low $17,650.0 before rising to a high $17,693.7.

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

Elsewhere, it was a mixed start to the day.

Crypto.com Coin (-0.77%), Litecoin (-1.48%), and Polkadot (-0.30%) bucked the trend early on.

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

At the time of writing, Chainlink was up by 3.82% to lead the way.

BTCUSD 181120 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $17,342 to bring the first major resistance level at $18,148 into play.

Support from the broader market would be needed for Bitcoin to break through to $18,000 levels.

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

In the event of another crypto breakout, Bitcoin could test resistance at $18,500 before any pullback. The second major resistance level sits at $18,622.

Failure to avoid a fall through the $17,342 pivot would bring the first major support level at $16,868 into play.

Barring another extended crypto sell-off, Bitcoin should steer well clear of sub-$16,500 levels. The second major support level sits at $16,062.

 

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

Bitcoin, BTC to USD, fell by 0.58% on Sunday. Following on from a 1.54% slide on Saturday, Bitcoin ended the week up by 3.00% to $15,965.0.

It was a mixed start to the day. Recovering from an early morning low $15,870.1, Bitcoin rose to a late morning intraday high $16,151.0.

Falling well short of the first major resistance level at $16,343, Bitcoin slid to a late intraday low $15,794.0.

Steering clear of the first major support level at $15,743, Bitcoin moved back through to $15,900 levels to limit the loss on the day.

Resistance at $16,000 pinned Bitcoin back late in the day.

The near-term bullish trend remained intact, supported by the latest move through to $16,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $8,768 to form a near-term bearish trend.

The Rest of the Pack

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

Ripple’s XRP rose by 0.38% to buck the trend for a 2nd consecutive day.

It was a bearish day for the rest of the majors, however, which joined Bitcoin in the red once more.

Chainlink (-3.62%) and Cardano’s ADA (-3.45%) led the way down.

Litecoin (-2.38%), Ethereum (-2.74%), and Crypto.com Coin (-2.37%) also struggled on the day.

Binance Coin (-0.89%), Bitcoin Cash SV (-1.48%), and Polkadot (-1.45%) saw relatively modest losses.

For the week, it was also a mixed bag.

Litecoin (+2.26%) and Ripple’s XRP (+6.29%) bucked the trend for the week to join Bitcoin in the green.

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

Crypto.com Coin slid by -10.10% to lead the way down, with Bitcoin Cash SV (-7.90%), Cardano’s ADA (-5.70%), and Chainlink (-4.64%) also struggling.

Binance Coin (-2.59%), Ethereum (-1.33%), and Polkadot (-3.02%) saw relatively modest losses for the week.

For the week, the crypto total market cap fell to a Monday low $421.37bn before rising to a Friday high $471.11bn. At the time of writing, the total market cap stood at $451.28bn.

Bitcoin’s dominance fell to a Tuesday low 64.22% before rising to a Friday high 66.00%. At the time of writing, Bitcoin’s dominance stood at 65.54%.

The Crypto News

Overnight, a Bitcoin Cash ABC hard fork took place. The hard fork occurred as a result of disagreement over its Infrastructure Funding Plan (“IFP”).

Early reports indicate that Bitcoin Cash Node (“BCHN”) will become the dominant network, according to Coin.Dance.

At the time of writing, Bitcoin Cash Node was 43 blocks ahead.

This Morning

At the time of writing, Bitcoin was down by 0.05% to $15,957.0. A Bearish start to the day saw Bitcoin fall from an early morning high $15,966.0 to a low $15,874.0.

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

Elsewhere, it was a mixed start to the day early on.

Cardano’s ADA (+0.01%), Ethereum (+0.32%), Litecoin (+1.49%), Polkadot (+0.41%), and Ripple’s XRP (+0.28%) found early support.

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

At the time of writing, Crypto.com Coin was down by 3.49% to lead the way down.

BTC/USD 16/11/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move back through the pivot level at $15,970 to bring the first major resistance level at $16,146 into play.

Support from the broader market would be needed for Bitcoin to break back through to $16,100 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $16,151.0 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $16,327. Resistance at $16,500 would likely cap any upside to a breakout, however.

Failure to move back through the $15,970 pivot would bring the first major support level at $15,789 into play.

Barring another extended crypto sell-off, Bitcoin should steer well clear of sub-$15,500 levels. The second major support level at $15,613 should limit any downside.

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

Bitcoin, BTC to USD, fell by 1.54% on Saturday. Reversing a 0.08% gain from Friday, Bitcoin ended the day at $16,057.0.

It was a bearish day. Bitcoin slid from an early morning intraday high $16,315.0 to a late afternoon intraday low $15,715.0.

The extended sell-off saw Bitcoin slide through the first major support level at $15,743 and the second major support level at $15,429.

Finding support late in the day Bitcoin broke back through the support levels to wrap up the day at $16,000 levels.

The near-term bullish trend remained intact, supported by the latest move through to $16,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $8,768 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.

Ripple’s XRP rose by 0.98% to buck the trend on the day.

It was a bearish day for the rest of the majors, however, which joined Bitcoin in the red.

Crypto.com Coin (-3.16%) Litecoin (-3.27%), and Ethereum (-3.35%) led the way down.

Bitcoin Cash ABC (-1.70%), Bitcoin Cash SV (-2.17%), Cardano’s ADA (-2.28%), and Chainlink (-2.29%) also struggled.

Binance Coin (-0.93%) and Polkadot (-0.17%) saw relatively modest losses.

For the current week, the crypto total market cap fell to a Monday low $421.37bn before rising to a Friday high $471.06bn. At the time of writing, the total market cap stood at $455.81bn.

Bitcoin’s dominance fell to a Tuesday low 64.22% before rising to a Friday high 65.99%. At the time of writing, Bitcoin’s dominance stood at 65.10%.

This Morning

At the time of writing, Bitcoin was down by 0.55% to $15,969.0. A mixed start to the day saw Bitcoin rise to an early morning high $16,099.6 before falling to a low $15,925.0.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV (-0.22%), Cardano’s ADA (-0.26%), Chainlink (-0.47%), Crypto.com Coin (-0.89%), Ethereum (-0.06%), and Litecoin (-0.52%) joined Bitcoin in the red.

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

At the time of writing, Ripple’s XRP was up by 3.07% to lead the way.

BTC/USD 15/11/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to move back through the pivot level at $16,029 to bring the first major resistance level at $16,343 into play.

Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $16,315.0.

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 $16,500 before any pullback. The second major resistance level sits at $16,629.

Failure to move back through the $16,029 pivot would bring the first major support level at $15,743 into play.

Barring another extended crypto sell-off, Bitcoin should steer well clear of sub-$15,500 levels. The second major support level sits at $15,429.

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

Bitcoin, BTC to USD, rose by 0.08% on Friday. Following on from a 3.74% rally on Thursday, Bitcoin ended the day at $16,308.6.

It was a bullish start to the day. Bitcoin rose to an early morning intraday high and new swing hi $16,481.0 before hitting reverse.

Falling short of the first major resistance level at $16,596, Bitcoin slid to a late afternoon intraday low $15,974.0.

Steering clear of the first major support level at $15,725, Bitcoin bounced back to $16,300 levels to end the day in the green.

The near-term bullish trend remained intact, supported by the latest move through to $16,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $8,768 to form a near-term bearish trend.

The Rest of the Pack

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

Bitcoin Cash ABC and Crypto.com Coin fell by 0.05% and by 2.65% respectively to buck the trend on the day.

It was a bullish day for the rest, however, with Litecoin surging by 8.68% to lead the way.

Chainlink (+3.79%), Ethereum (+3.07%), Polkadot (+2.91%), and Ripple’s XRP (+4.31%) also found strong support.

Binance Coin (+1.88%), Bitcoin Cash SV (+1.67%), and Cardano’s ADA (+1.78%) trailed the front runners.

For the current week, the crypto total market cap fell to a Monday low $421.37bn before rising to a Friday high $471.06bn. At the time of writing, the total market cap stood at $465.73bn.

Bitcoin’s dominance fell to a Tuesday low 64.22% before rising to a Friday high 66.00%. At the time of writing, Bitcoin’s dominance stood at 64.6%.

This Morning

At the time of writing, Bitcoin was down by 0.29% to $16,261.0. A mixed start to the day saw Bitcoin rise to an early morning high $16,315.0 before falling to a low $16,207.0.

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

Elsewhere, it was a mixed start to the day.

Bitcoin Cash SV (+0.22%), Cardano’s ADA (+0.45%), Polkadot (+0.04%), and Ripple’s XRP (+2.09%) found early support.

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

At the time of writing, Litecoin was down by 1.82% to lead the way down.

BTC/USD 14/11/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the pivot level at $16,255 to bring the first major resistance level at $16,535 into play.

Support from the broader market would be needed for Bitcoin to break out from Friday’s high $16,481.0.

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 $16,762 and resistance at $17,000.

Failure to avoid a fall back through the $16,255 pivot would bring the first major support level at $16,028 into play.

Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$16,000 levels. The second major support level sits at $15,748.

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

Bitcoin, BTC to USD, rallied by 3.74% on Thursday. Following on from a 2.60% gain on Wednesday, Bitcoin ended the day at $16,296.2.

It was a bearish start to the day. Bitcoin fell to an early morning intraday low $15,453.0 before making a move.

Steering clear of the first major support level at $15,341, Bitcoin rallied to a late intraday high $16,325.0.

Bitcoin broke through the first major resistance level at $16,030 to wrap up the day at $16,290 levels.

The near-term bullish trend remained intact, supported by the latest move through to $15,000 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.

Bitcoin Cash ABC (+0.72%), Bitcoin Cash SV (+0.03%), Crypto.com Coin (+2.29%), and Litecoin (+2.38%) joined Bitcoin in the green to buck the trend on the day.

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

Chainlink and Polkadot slid by 2.99% and by 4.62% respectively to lead the way down.

Binance Coin (-1.19%), Cardano’s ADA (-1.30%), Ethereum (-0.17%), and Ripple’s XRP (-0.45%) also saw red on the day.

For the current week, the crypto total market cap fell to a Monday low $421.37bn before rising to a Thursday high $466.77bn. At the time of writing, the total market cap stood at $495.66bn.

Bitcoin’s dominance fell to a Tuesday low 64.22% before rising to a Thursday high 65.90%. At the time of writing, Bitcoin’s dominance stood at 65.93%.

This Morning

At the time of writing, Bitcoin was up by 0.27% to $16,340.0. A mixed start to the day saw Bitcoin fall to an early morning low $16,266.5 before rising to a high $16,344.0.

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

Elsewhere, it was a mixed start to the day. Binance Coin and Polkadot were down by 0.02% and by 0.45% respectively to buck the trend early on.

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

At the time of writing, Litecoin was up by 1.14% to lead the way.

BTC/USD 13/11/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $16,024.4 to bring the first major resistance level at $16,596 into play.

Support from the broader market would be needed for Bitcoin to break out from the morning high $16,344.0.

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 $16,895 and resistance at $17,000.

Failure to avoid a fall through the $16,024 pivot would bring the first major support level at $15,725 into play.

Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$15,500 levels. The second major support level sits at $15,153.

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

Bitcoin, BTC to USD, fell by 0.17% on Tuesday. Following on from a 1.07% decline on Monday, Bitcoin ended the day at $15,311.5.

It was a range-bound start to the day. Bitcoin rose to a late morning intraday high $15,474.0 before hitting reverse.

Falling well short of the first major resistance level at $15,839, Bitcoin slid to a mid-afternoon intraday low $15,077.0.

Steering clear of the first major support level at $14,836, Bitcoin revisited $15,400 levels before easing back into the red.

The near-term bullish trend remained intact, supported by the latest move through to $15,000 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.

Bitcoin Cash ABC (-2.49%), Bitcoin Cash SV (-1.94%), Crypto.com Coin (-0.86%), and Litecoin (-2.23%) saw red to buck the trend on the day.

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

Chainlink rallied by 4.24% to lead the way.

Ethereum (+1.36%), Polkadot (+1.83%), and Ripple’s XRP (+1.41%) also found relatively strong support.

Binance Coin (+0.51%) and Cardano’s ADA (+0.31%) saw modest gains on the day.

For the current week, the crypto total market cap rose to a Monday high $454.30bn before falling to a Monday low $421.37bn. At the time of writing, the total market cap stood at $443.16bn.

Bitcoin’s dominance rose to a Monday high 65.22% before falling to a Tuesday low 64.25%. At the time of writing, Bitcoin’s dominance stood at 64.53%.

This Morning

At the time of writing, Bitcoin was up by 0.83% to $15,438.4. A mixed start to the day saw Bitcoin fall to an early morning low $15,292.0 before rising to a high $15,439.0.

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

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

At the time of writing, Litecoin was up by 3.11% to lead the pack.

BTC/USD 11/11/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the pivot level at $15,288 to bring the first major resistance level at $15,498 into play.

Support from the broader market would be needed for Bitcoin to break back through to $15,500 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $15,474.0 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $15,685 and resistance at $15,700.

Failure to avoid a fall through the $15,288 pivot would bring the first major support level at $15,101 into play.

Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$15,000 levels. The second major support level sits at $14,891.