Daily crypto forecast - the top crypto movements today - October 4, 2021
Daily crypto forecast - the top crypto movements today - October 4, 2021
Bitcoin, BTC to USD, rose by 1.24%on Sunday. Bitcoin was able to reverse a loss of 1.05% from Saturday and ended the week by 11.70% to $ 48,242
A mixed start to the day led to Bitcoin to an intraday low of $ 47,120.0 in the early morning before it made a movement.
Bitcoin fell at $ 47,275 due to the first major support level before it rose to an intraday high of $ 49,196.0 in the late afternoon.
In the rally Bitcoin broke the first great level of resistance at $ 48,187 and the second great level of resistance at $ 48,724
Bitcoin missed the third large level of resistance of $ 49,636 and slid back to less than $ 48,000 due to the level of resistance.
When Bitcoin found a late support, it broke through the first major resistance brand and ended the day at a level of $ 48,200
The short -term upward trend remained intact and supported the recent return to a level of $ 49,000. 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 Sunday.
Polkadot (-0.95 %) saw red to oppose the trend of the day.
For the rest of the majors it was a bullish day.
Bitcoin Cash SV increased by 4.40% to take the lead.
chainlink (+2.11%), Crypto.com Coin (+1.75%) and Ripple’s XRP (+1.76%) also found strong support.
Binance Coin (+0.79%), Cardanos Ada (+0.18%), Ethereum (+0.93%) and Litecoin (+0.99%) were behind the leaders.
It was also a mixed week that on the 3rd
Polkadot fell by 0.33%to counter the trend.
For the rest of the majors it was a bullish week.
Binance Coin increased by 25.07 % to take the lead.
Bitcoin Cash SV (+11.90%), Chainlink (+12.04%), Crypto.com Coin (+12.42%), Ethereum (+11.74%), Litecoin (+13.22%), and Ripple’s XRP (+11.74%) also found strong support.
Cardanos Ada (+1.99%), however, was behind the leaders.
a week the overall crypto market fell to a Wednesday low of USD 1,808 billion before increasing to a Sunday high of USD $ 2.203 billion. At the time of writing
The dominance of Bitcoin fell on a Friday depth of 41.29 % before increasing a Saturday high of 42.81 %. At the time of writing, Bitcoin's dominance was 42.14 %.
this morning
At the time of writing, Bitcoin fell by 0.22% to $ 48,138.0. After a mixed start of the day, Bitcoin rose to a high in the early morning of $ 48,289.0 before it fell to a low of $ 48,019.0
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 rose by 0.38%
For the other majors, however, it was a declining start.
at the time of writing, Chainlink had dropped by 0.79% to lead the way down.
for the upcoming Bitcoin tag
Bitcoin would have to move again through the pivot of $ 48,186 to bring the first great resistance level at $ 49,252.
So that Bitcoin can break through $ 49,000 again, support from the wider market would be required.
Apart from a broad crypto rally, the first great resistance level and this will probably limit the upward trend on Sunday at $ 49,196.0.
In the event of a broad crypto rally, Bitcoin could test the resistance at 23.6% FIB of $ 50,473 before a pullback occurs. The second large resistance mark is $ 50,262.
If it is not possible to overcome the $ 48,186 brand again, the first major support level would come into play at $ 47,176.
Apart from a longer sale on this day, Bitcoin should stay away from less than $ 47,000. The second major support level is $ 46,110.