Daily crypto forecast - the top crypto movements today - September 16, 2021

Bitcoin, BTC to USD, rose by 2.13%on Wednesday. After a 4.88%rally on Tuesday, Bitcoin ended the day at $ 48,137.0

A mixed start to the day led to Bitcoin to an intraday low of $ 46,724.0 in the morning before making a movement.

In order to bypass the first major support level at $ 45,488, Bitcoin recovered to a late intraday high of USD 48,444.0

Bitcoin broke the first large resistance brand at $ 48,027 and ended the day at $ 48,100.

The short -term upward trend remained intact despite the recent return to a level of $ 43,000. 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

In all other majors it was a mixed day on Wednesday.

Polkadot slipped by 4.49 %, with Chainlink (-0.28 %) also against the trend of the day.

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

Ethereum grew by 5.22 %to use Binance to show the way coin (+4.06 %) and Cardanos Ada (+4.51 %) also find strong support.

Bitcoin Cash SV (+1.78%), Crypto.com Coin (+3.48%), Litecoin (+3.34%) and Ripple’s XRP (+2.24%), however, was behind the leaders.

In the current week, the overall crypto market fell to a Monday depth of USD 1,958 billion before increasing to a Wednesday high of USD $ 2,236. At the time of the letter, the overall market capitalization was $ 2,204 billion.

The dominance of Bitcoin fell on a Monday depth of 40.36 % before increasing a Wednesday high of 41.91 %. At the time of writing, Bitcoin's dominance was 41.13%.

this morning

At the time of writing, Bitcoin rose 0.10% to $ 48,186.0. After a mixed start of the day, Bitcoin climbed a high in the early morning of $ 48,188.9 before it fell to a low of $ 48,041.0

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

Elsewhere it was a mixed start to the day.

Cardanos ada (-0.46%), Ethereum (-0.17%) and Litecoin (-0.10%) saw red.

For the rest of the majors, however, it was a bullish start.

At the time of writing, Polkadot had increased by 1.08% to take the lead.

for the upcoming Bitcoin tag

Bitcoin would have to avoid the pivot of $ 47,768 in order to bring the first great resistance level at $ 48,813.

So that Bitcoin can break out of the level of $ 48,500, support from the wider market would be required.

Apart from a broad crypto rally, the first major level of resistance and the resistance at $ 49,000 would probably limit the upward trend.

In the event of a broad crypto rally, Bitcoin could test the resistance at 23.6% FIB of $ 50,473 before a pullback occurs. The second major resistance level is $ 49,488.

A case by the pivot of $ 47,768 would bring the first major level of support at $ 47,093.

Apart from a longer sale on this day, Bitcoin should stay away from less than $ 47,000. The second major support level is $ 46,048.