Daily crypto forecast - the top crypto movements today - September 21, 2021
Daily crypto forecast - the top crypto movements today - September 21, 2021
Bitcoin, BTC to USD, slipped by 8.93% on Monday. After a decline of 2.24% on Sunday, Bitcoin ended the day at $ 43,025.0
After a mixed start to the day, Bitcoin climbed to an intraday high in the early morning of $ 47,327.0 before it hit reverse gear.
Bitcoin missed the first major level of resistance of $ 48,127 and fell for a lunch intra-raday low of $ 42,567.0
Bitcoin fell through the most important level of support of the day before it briefly revised the $ 44,000 mark.
However,Bitcoin met with $ 44,416 and slipped to a level of less than $ 44,000 at the end of the day.
at the end of the day.The short -term upward trend remained intact despite the recent return to a level of $ 42,000. 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 all other majors it was a bearish day on Monday.
chainlink collapsed by 13.82 %to lead the way down, with Bitcoin Cash SV (-12.60 %) and Ripple’s XRP (-12.16 %) tightly behind.
for Binance it didn't go much better Coin (-10.91 %), Cardanos ADA (-8.87 %), Crypto.com Coin (-10.28 %), Ethereum (-10.58 %), Litecoin (-10.55 %) and Polkadot (-8.15 %).
At the beginning of the week, the overall crypto market rose to a Monday high of USD $ 2,122 before he slipped to a Tuesday kick of USD 1,863 billion. At the time of the letter, the overall market capitalization was $ 1,870 billion.
The dominance of Bitcoin fell on a Monday depict of 41.89 % before increasing a Monday high of 42.76 %. At the time of writing, Bitcoin's dominance was 42.38%.
this morning
At the time of writing, Bitcoin fell by 2.51% to $ 41,943.0. A declining start to the day led to Bitcoin from an early morning high of $ 43,028.0 to a low of $ 41,935.0
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, Crypto.com Coin had dropped by 4.89% to lead the way down.
for the upcoming Bitcoin tag
Bitcoin would have to move through the pivot of $ 4,306 to bring the first major resistance level at $ 46,046.
So that Bitcoin can break out of the level of $ 45,000, support from the wider market would be required.
Apart from a broad crypto rally, the first great level of resistance and the resistance at $ 47,000 would probably limit the upward trend.
In the event of a broad crypto rebound, Bitcoin could test the resistance at a level of $ 50,000 before retreating. The second major resistance mark is $ 49,066.
If the pivot of $ 4,306 is not broken, the 38.2% FIB of $ 41,592 and the first major support level at $ 41,286 would come into play.
Apart from another longer sale on this day, Bitcoin should stay away from less than $ 40,000. The second major support level is $ 39,546.