The Crypto Daily - Movers and Shakers - September 12, 2021

Bitcoin, BTC to USD, rose by 0.57%on Saturday. Bitcoin was able to reverse a loss of 3.33% from Friday and ended the day at $ 45,107.0

A mixed start to the day led to Bitcoin to an intraday low of $ 44,750.0 in the early morning before it made a movement.

To avoid the first major support level at $ 43,657, Bitcoin climbed to an intraday high in the late afternoon of $ 45,990.0

However,

Bitcoin missed the first great resistance level of $ 46,546, but gave in again and ended the day at a level below $ 45,200

The short -term upward trend remained intact despite the recent return to a level of $ 43,000. 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 Saturday

Cardanos Ada increased by 10.60 % to take the lead, closely followed by Polkadot (+7.34 %).

Bitcoin Cash SV (+2.97%), Chainlink (+2.29%), Litecoin (+2.55%) and Ripple’s XRP (+2.14%) also achieved solid growth.

Binance Coin (+0.86 %), Crypto.com Coin (+1.61 %) and Ethereum (+1.79 %) were behind the leaders.

In the current week, the overall crypto market rose to a Tuesday high of USD $ 2,438 before it broke into a Tuesday kick of USD 1,835 billion. At the time of the letter, the overall market capitalization was

The dominance of Bitcoin rose to a Tuesday high of 43.64 % before fell to a Friday low of 39.92 %. At the time of writing, Bitcoin's dominance was 40.76%.

this morning

At the time of writing, Bitcoin fell by 0.02% to $ 45,161.0. A mixed start to the day led to Bitcoin fell to a low in the early morning of $ 45,138.0 before it rose to a high of $ 45.201.0

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

Elsewhere it was a mixed start to the day.

Binance Coin (-0.13 %), Bitcoin Cash SV (-0.08 %), Cardanos Ada (-0.33 %) and Ethereum (-0.13 %) Bitcoin in the minus.

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

At the time of writing, Polkadot had increased by 1.25% to take the lead.

for the upcoming Bitcoin tag

Bitcoin would have to move through the pivot of $ 45,282 to bring the first great resistance level at $ 45,815.

So that Bitcoin can break out of the level of $ 45,500, support from the wider market would be required.

Apart from a broad crypto rally, the first great resistance level and the high of $ 45,990.0 from Saturday would probably limit the upward trend.

In the event of a broad crypto rally, Bitcoin could test the resistance at $ 47,000 before retreating. The second great resistance level is $ 46,522.

If the pivot of $ 45,282 is not broken, the first major level of support would come into play at $ 44,575.

Apart from a longer sale on this day, Bitcoin should stay away from less than $ 44,000. The second major support level at $ 44,042 should limit the downward movement.