Daily crypto forecast - the top crypto movements today - September 22, 2021

Bitcoin, BTC to USD, fell by 5.29 %on Tuesday. After a decline of 8.93 % on Monday, Bitcoin ended the day at $ 40,748.0

A declining start to the day meant that Bitcoin slipped to a low of $ 40,255.0 in the early morning.

Bitcoin fell through the 38.2% FIB of $ 41,592 and the first major support level at $ 41,286

Bitcoin found support early and rose to an intra-raday high in the late morning of $ 43,625.0 before it hit reverse gear.

However,

Bitcoin remained significantly below the first major resistance level of $ 46,046 and fell for a late intraday low of USD 39,678.0

Bitcoin fell due to the 38.2% FIB of $ 41,592 and the first major support level at $ 41,286.

To avoid the second major support level at $ 39,546, Bitcoin ended the day at $ 40,700.

The short -term upward trend remained an intact, despite the recent return to a level below $ 40,000. 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 Tuesday.

Bitcoin Cash SV rose by 3.08%to counteract the trend of the day.

for the other majors, however, it was a bearish day.

chainlink slipped by 9.10% to lead the way down, with Ethereum (-7.08%) also struggling.

Binance Coin (-5.47%), Cardanos ada (-4.64%), Crypto.com Coin (-1.15%), Litecoin (-5.50%), polkadot (-1.53%) and rip leather XRP of -5.22%, but recorded relatively modest losses.

At the beginning of the week, the overall crypto market rose to a Monday high of $ 2,136 billion before slipping to a Tuesday. At the time of the letter, the overall market capitalization was $ 1,824 billion.

The dominance of Bitcoin rose to a Monday high of 42.97 % before fell to a Tuesday exit of 41.37 %. At the time of writing, Bitcoin's dominance was 42.36 %.

this morning

At the time of writing, Bitcoin rose 0.95% to $ 41,134.0. A mixed start to the day led to Bitcoin fell to a low in the early morning of $ 40,636.0 before it rose to a high of $ 41,494.0

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 had dropped by 7.46 % to counteract the early trend.

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

At the time of writing, Cardanos Ada had increased by 1.74% to take the lead.

for the upcoming Bitcoin tag

Bitcoin would have to move through the $ 41,350 pivot of the 38.2% FIB of $ 41,592 in order to bring the first great resistance level at $ 43.023.

So that Bitcoin can break through $ 43,000 again, support from the wider market would be required.

Apart from a broad crypto rally, the first great resistance level and this would probably limit the upward trend from Tuesday at $ 43,625.0.

In the event of a broad crypto rebound, Bitcoin could test the resistance at a level of $ 45,000 before retreating. The second large resistance mark is $ 45,297.

If the pivot of $ 41,350 and the 38.2%fib of $ 41,592 are not broken through, the first major support level at $ 39,076 would come into play.

Apart from another longer sale on this day, Bitcoin should avoid the second major support level at $ 37,403.