Daily crypto forecast - the top crypto movements today - October 3, 2021

Bitcoin, BTC to USD, fell by 1.05%on Saturday. Bitcoin consolidated the 9.86%rally on Friday and ended the day at $ 47,649.0

A mixed start to the day led to Bitcoin to an intraday low of $ 47,438.0 in the early morning before it made a movement.

Bitcoin was able to leave the first major support level at $ 44,820 and recovered to an intraday high of $ 48,350.0 in the early afternoon.

Bitcoin missed the first major level of resistance at $ 49,973, but fell back to less than $ 48,000 and into the minus.

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 all other majors it was a mixed day on Saturday.

crypto.com Coin increased by 3.81% to take the lead.

Binance Coin (+1.36 %), Chainlink (+2.46 %), Ethereum (+2.31 %), Litecoin (+1.65 %) and polkadot (+1.31 %) were supported on this day.

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

Bitcoin Cash SV (-0.76%), Cardanos Ada (-0.40) and Ripple’s XRP (-0.37%) Bitcoin joined.

In the current week, the overall crypto market fell to a Wednesday low of USD 1,808 billion before increasing a Saturday high of USD $ 2,190. At the time of the letter, the overall market capitalization was $ 2,137 billion.

The dominance of Bitcoin fell to a Thursday low of 41.77 % before increasing to a Saturday high of 42.65 %. At the time of writing, Bitcoin's dominance was 42.11%.

this morning

At the time of writing, Bitcoin rose 0.24% to $ 47,762.0. A mixed start to the day led to Bitcoin fell to a low in the early morning of $ 47,632.0 before it rose to a high of $ 47,789.0

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 fell by 0.99%.

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

At the time of writing, Binance Coin had increased by 0.91% to take the lead.

for the upcoming Bitcoin tag

Bitcoin would have to move through the pivot of $ 47,812 in order to bring the first great resistance level at $ 48,187.

So that Bitcoin can break through $ 48,000 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 at $ 48,350.0 on Saturday.

In the event of a broad crypto rally, Bitcoin could test the resistance at 23.6% FIB of $ 50,473 before a pullback occurs. However, Bitcoin would need a lot of support to break the third great resistance level at $ 49,686. The second great resistance level is $ 48,724.

If the $ 47,812 is not broken, the first major level of support would come into play at $ 47,275.

Apart from another longer sale on this day, Bitcoin should stay away from less than $ 47,000. The second major support level is $ 46,900.