Daily crypto forecast - the top crypto movements today - September 25, 2021

Daily crypto forecast - the top crypto movements today - September 25, 2021

Bitcoin, BTC to USD, slipped by 4.54% on Friday. Bitcoin turned an increase of 3.01% compared to Thursday and ended the day at $ 42,856.0

A mixed start to the day led to Bitcoin to an intraday high in the morning of $ 45,164.5 before it hit reverse gear.

Bitcoin missed the first great resistance level of $ 45,555 and slipped to an intraday deep in the late morning of

The first major level of support fell

Bitcoin at $ 43,658 and the second major support level at $ 42,431

is more important that Bitcoin also fell through the 38.2% FIB of $ 41,592 before it briefly reached the level of $ 43,200.

Bitcoin broke through the 38.2% FIB and the second great level of support and ended the day at a level of $ 42,800

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

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

Chainlink and Bitcoin Cash SV slid around 8.64 % or 8.55 % to lead the way down.

Binance Coin (-7.40 %), Crypto.com Coin (-6.30 %), Ethereum (-7.10 %), Litecoin (-7.10 %) and Ripple’s XRP (-5.82 %) also had problems.

cardanos ada (-2.10 %) and polar cadot (-3.41 %), however, recorded relatively modest losses.

In the current week, the overall crypto market rose to a Monday high of USD $ 2,136 before slipping on a Tuesday. At the time of the letter, the overall market capitalization was $ 1,941 billion.

The dominance of Bitcoin rose to a Monday high of 42.97% before fell to a Friday exit of 40.99%. At the time of writing, Bitcoin's dominance was 41.50%.

this morning

At the time of writing, Bitcoin fell by 0.05% to $ 42,834.0. A mixed start to the day led to Bitcoin fell to a low in the early morning of $ 42,652.0 before it rose to a high of $ 42,986.8

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

Elsewhere it was a bullish start to the day.

At the time of writing, Polkadot had risen by 3.70% to take the lead.

for the upcoming Bitcoin tag

Bitcoin would have to move back through the pivot of $ 42,925 in order to bring the first great resistance level at $ 45,095.

So that Bitcoin can break through a level of $ 45,000 again, support from the wider market would be required.

Apart from a broad crypto rally, the first great resistance level and the Friday high of $ 45,164.5 would probably limit the upward trend.

In the event of a broad crypto rally, Bitcoin could test the resistance at a level of $ 48,000 before retreating. The second great resistance level is $ 47,335.

should it not be possible to overcome the pivot of $ 42,925 again, the 38.2% FIB of $ 41,592 and the first major support level at $ 40,686 would come into play.

Apart from another longer sale on this day, Bitcoin should avoid the second major support level at $ 38,516.