Daily crypto forecast - the top crypto movements today - October 10, 2021

Bitcoin, BTC to USD, rose by 1.89%on Saturday. After winning 0.28 % on Friday, Bitcoin ended the day at $ 54,968.

A mixed start to the day led to Bitcoin to an intraday low of $ 53,678.0 in the early morning before it made a movement.

In order to bypass the first major support level at $ 53,051, Bitcoin climbed to an intraday high in the early afternoon of

Bitcoin broke the first large resistance brand at $ 55,422 before it fell back to less than $ 54,500.

When Bitcoin found a late support, he tested the resistance at $ 55,000 before declining again.

The short -term upward trend remained intact and supported the recent return to a level of $ 56,000. For the bears, Bitcoin would need a continued decline from the 62 % FIB of $ 27,237 in order to form a short -term downward trend.

The rest of the package

With the other majors it was a mixed day on Saturday.

crypto.com Coin against the trend and fell by 0.45%.

For the rest of the majors it was a bullish day.

ripple’s XRP jumped by 9.03%to take the lead, followed by Polkadot (+6.96%).

Bitcoin Cash SV (+2.16%), Chainlink (+3.98%) and Litecoin (+2.29%) also found strong support.

Binance Coin (+0.65%), Cardanos ADA (+1.43%), Ethereum (+0.33%), followed the leaders.

In the current week, the overall crypto market fell to a Monday depth of $ 2,009 billion before increasing a Friday high of USD $ 2,425. At the time of the letter, the overall market capitalization was $ 2,351 billion.

The dominance of Bitcoin fell to a Tuesday low of 42.52 % before increasing to a Wednesday high of 45.62 %. At the time of writing, Bitcoin's dominance was 43.98%.

this morning

At the time of writing, Bitcoin fell by 0.11% to $ 54,907.0. After a mixed start into the day, Bitcoin rose to a high in the early morning of $ 54,984.0 before it fell to a low of USD 54,871.0

Bitcoin left the most important level of support and resistance at an early stage.

Elsewhere it was a bearish start to the day.

At the time of writing, Litecoin had dropped by 0.74% to lead the way down.

for the upcoming Bitcoin tag

Bitcoin would have to avoid the pivot of $ 54,707 in order to bring the first major level of resistance at $ 55,736 into play.

So that Bitcoin from the highest level of $ 55,475.0 can break out of Saturday, support from the wider market would be required.

Apart from a broad crypto rally, the first great resistance level and the resistance at 56.00.0 $ probably would probably limit the upward trend.

In the event of a broad crypto rally, Bitcoin could test the resistance at a level of $ 58,000 before retreating. The second major resistance line is $ 56,504.

A case of the $ 54,707 brand would bring the first major support level at $ 53,939.

Apart from a longer sale on this day, Bitcoin should stay away from less than $ 52,000. The second large level of support at 52,910 $ should limit the downward movement.