Daily crypto forecast - the top crypto movements today - October 2, 2021

Bitcoin, BTC to USD, rose by 9.86%on Friday. After a 5.52%rally on Thursday, Bitcoin ended the day at $ 48,151.0

A mixed start to the day led to Bitcoin to an intraday low of $ 43,311.0 in the early morning before it made a movement.

To avoid the first major support level at $ 42,134, Bitcoin recovered to a late intraday high of $ 48,464.0

In the rally Bitcoin broke the first major level of resistance at $ 44,824 and the second great resistance level at $ 45,818

However,

Bitcoin met the third large level of resistance at $ 48,508 and concluded the day at a level of less than $ 48,200.

The short -term upward trend remained intact and supported the recent return to a level of less than $ 48,000. 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

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

Ethereum jumped by 10.33%to take the lead.

Binance Coin (+8.80%), Bitcoin Cash SV (+8.47%), Chainlink (+9.82%), Crypto.com Coin (+9.77%), Litecoin (+8.42%) and Ripple’s XRP (+9.29%) also found strong support.

Cardanos ada (+6.72) and polar cadot (+1.62 %) were behind the leaders.

In the current week, the overall crypto market fell to a Wednesday low of USD 1,808 billion before increasing a Friday high of USD $ 2,160. At the time of the letter, the overall market capitalization was $ 2,107 billion.

The dominance of Bitcoin fell to a Thursday low of 41.77% before it rose to a Friday high of 43.06%. At the time of writing, Bitcoin's dominance was 42.65%.

this morning

At the time of writing, Bitcoin fell by 0.76% to $ 47,784.0. After a mixed start of the day, Bitcoin climbed to a high morning of $ 48,230.0 before it fell to a low of $ 47,702.0

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

Elsewhere it was a mixed start to the day.

crypto.com Coin opposed the early trend and rose by 0.57 %.

For the other majors, however, it was a declining start.

At the time of writing, Binance Coin had dropped by 1.28% to lead the way down.

for the upcoming Bitcoin tag

Bitcoin would have to avoid the pivot of $ 46,642 in order to bring the first major level of resistance into play at $ 49,973.

So that Bitcoin from the high of Friday from $ 48,464.0 can be broken out, support from the wider market would be required.

Apart from a broad crypto rally, the first major level of resistance and the resistance at 23.6% FIB of $ 50,473 would probably limit the upward trend.

In the event of a broad crypto rally, Bitcoin could test the resistance at a level of $ 53,000 before retreating. The second major resistance line is $ 51,795.

A case of $ 46,642 would bring the first major support level at $ 44,820.

Apart from another longer sale on this day, Bitcoin should stay away from less than $ 44,000 and the 38.2% FIB of $ 41,592. The second major support level is $ 41,489.