Daily crypto forecast - the top crypto movements today - September 30, 2021
Daily crypto forecast - the top crypto movements today - September 30, 2021
Bitcoin, BTC to USD, rose by 1.18%on Wednesday. Bitcoin was able to reverse a decline of 2.65% from Tuesday and ended the day at $ 41,530.0
A mixed start to the day led to Bitcoin to an intraday low of $ 40,804.0 in the early morning before it made a movement.
To avoid the first major support level at $ 40,402, Bitcoin recovered to an intraday high at noon of $ 42,606.0
Bitcoin broke through the 38.2% FIB of $ 41,592 and the first major resistance brand at $ 42,251
In a bear afternoon, however, Bitcoin fell back through the first great level of resistance and 38.2% FIB to achieve a level below $ 41,000 again.
When Bitcoin found a late support, it moved back to a level of $ 41,500 and into the countryside.
late in the day the 38.2% FIB of $ 41,592 back to Bitcoin.
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 bullish day on Wednesday.
Binance Coin rose by 10.36 %to show the way.
Chainlink (+3.71%), Litecoin (+3.01%), polar cadot (+2.40%), and Ripple’s XRP (+3.91%) also found strong support.
Bitcoin Cash SV (+1.39%), Cardanos ADA (+1.37%), Crypto.com Coin (+0.88%) and Ethereum (+1.59%) were behind the leaders.
In the current week, the overall crypto market rose to a Monday high of USD $ 2,014 billion before slipping on a Wednesday. At the time of the letter, the overall market capitalization was $ 1,871 billion.
The dominance of Bitcoin fell on a Monday depict of 41.44 % before increasing to a Tuesday high of 42.54 %. At the time of writing, Bitcoin's dominance was 42.04%.
this morning
At the time of writing, Bitcoin rose 0.63% to $ 41,792.0. A mixed start to the day led to Bitcoin fell to a low in the early morning of $ 41,432.0 before it rose to a high of $ 41,821.0
While Bitcoin left the most important level of support and resistance, it broke through the 38.2% FIB of $ 41,592
Elsewhere it was a bullish start to the day.
At the time of writing, Ethereum rose by 0.79% to take the lead.
for the upcoming Bitcoin tag
Bitcoin would have to avoid a relapse from the pivot of $ 41,647 and the 38.2% FIB of $ 41,592 in order to bring the first major resistance level at $ 42,489.
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 at $ 42,606.0 on Wednesday.
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 $ 43,449.
A relapse from the pivot of $ 41,647 and the 38.2% FIB of $ 41,592 would bring the first major support level at $ 40,687.
Apart from another longer sale on this day, Bitcoin should stay away from less than $ 39,000. The second major support level at $ 39,845 should limit the downward movement.