Daily crypto forecast - the top crypto movements today - September 29, 2021

Bitcoin, BTC to USD, fell by 2.65%on Tuesday. After a loss of 2.33% on Monday, Bitcoin ended the day at $ 41,064.0

An interest bully start to the day led to Bitcoin to an intra-raday high in the early morning of $ 42,77.0 before it hit the reverse gear.

Bitcoin missed the first great resistance level of $ 43,646 and slipped to a late intraday low of

Bitcoin fell due to the 38.2% FIB of $ 41,592 and the first major level of support at $ 41,425 and ended the day at a level under $ 41,100.

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 Tuesday.

crypto.com Coin slipped by 6.28% to lead the way down.

Chainlink (-4.25 %), Cardanos ADA (-4.43 %), Ethereum (-4.12 %), Litecoin (-3.12 %) and Ripple’s XRP (-3.07 %) also struggled.

Binance Coin (-0.73%), Bitcoin Cash SV (-1.78%), polar cadot (-2.48%) and recorded relatively modest losses.

At the beginning of the week, the overall crypto market rose to a Monday high of USD $ 2,014 before he slipped to a Tuesday. At the time of the letter, the overall market capitalization was $ 1,829 billion.

The dominance of Bitcoin fell on a Monday depict of 41.46 % before increasing to a Tuesday high of 42.56 %. At the time of the letter, Bitcoin's dominance was 42.24%.

this morning

At the time of writing, Bitcoin fell by 0.11% to $ 41,017.5. A mixed start of the day led to Bitcoin fell to a low in the early morning of $ 40,991.0 before it rose to a high of $ 41,208.0

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

Elsewhere it was a mixed start to the day.

Bitcoin Cash SV (-0.85 %), Cardanos ADA (-0.12 %) and Crypto.com Coin (-1.25 %) entered the red numbers of Bitcoin early on.

For the other majors, however, it was a relatively bullish start.

At the time of writing, Chainlink had increased by 0.65% to take the lead.

for the upcoming Bitcoin tag

Bitcoin would have to move through the pivot of $ 41,590 and the 38.2% FIB of $ 41,592 to bring the first great resistance level at $ 42,251.

So that Bitcoin can break through the level of $ 42,000 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 $ 42,777.0.

In the event of a broad crypto rally, Bitcoin could test the resistance at a level of $ 44,000 before retreating. The second major resistance level is $ 43,439.

If the pivot of $ 41,590 and the 38.2% FIB of $ 41,592 are not broken, the first major support level at $ 40,402 would come into play.

Apart from another longer sale on this day, Bitcoin should stay away from less than $ 39,000. The second major support level at $ 39,741 should limit the downward movement.