The Crypto Daily - Movers and Shakers - September 6, 2021

Bitcoin, BTC to USD, rose by 3.77%on Sunday. Bitcoin turned a loss of 0.20% from Saturday and ended the week with an increase of 6.11% to 51,779.0

A mixed start to the day meant that Bitcoin fell to an intraday low of $ 49,470.0 in the early morning before it made a movement.

To avoid the first major support level at $ 49,352, Bitcoin recovered to a late intraday high of $ 51,900.0

Bitcoin broke through the first major level of resistance at $ 50,495 and the second great resistance level at $ 51,091

The outbreak also led to Bitcoin broke the 23.6% FIB of $ 50,473 and ended the day at a level of $ 51,700.

The short -term upward trend remained intact, supported by the recent return to a level of $ 51,000. 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 Sunday

chainlink with an increase of 12.51 % litecoin, with Litecoin recovering by 9.49 %.

Bitcoin Cash SV (+3.48%), Cardanos ADA (+2.84%), Crypto.com Coin (+5.53%), Polkadot (+2.51%) and Ripple’s XRP (+4.11%) also found strong support.

Binance Coin (+1.44%) and Ethereum (+1.66%) were behind the leaders.

It was also a bullish week for the crypto majors.

Chainlink (+30.44%), Ethereum (+22.49%), Litecoin (+33.14%), and Polkadot (+26.20%) led the way.

Bitcoin Cash SV (+13.65%), Crypto.com Coin (+14.93%) and Ripple’s XRP (+14.50%) also found strong support.

Binance Coin (+5.17 %) and Cardanos Ada (+2.14 %), however, recorded modest growth.

a week the overall crypto market fell to a Monday departure of USD 1,996 billion before increasing to a Sunday high of USD $ 2,390 billion. At the time of the letter, the overall market capitalization was $ 2,342 billion.

The dominance of Bitcoin rose to a Monday high of 44.14% before fell to a Sunday depth of 40.85%. At the time of writing, Bitcoin's dominance was 41.50%.

this morning

At the time of writing, Bitcoin fell by 0.24% to $ 51,657.1. After a mixed start of the day, Bitcoin rose to a high in the early morning of $ 51,877.0 before it fell to a low of $ 51,657.1

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 (+0.09%), Crypto.com Coin (+2.0%) and Ripple’s XRP (+0.84%) found support early.

For the other majors, however, it was a declining start.

at the time of writing, Chainlink declined by 1.97% to lead the way down.

for the upcoming Bitcoin tag

Bitcoin would have to avoid the pivot of $ 51,050 in order to bring the first major resistance level at 52,630.

So that Bitcoin can break through the $ 52,000 mark, support from the wider market would be required.

Apart from a broad crypto rally, the first major level of resistance would probably limit any upward trend.

In the event of an extensive crypto rally, Bitcoin could test the resistance at $ 55,000 before retreat. The second major resistance level is $ 53,480

A case from the pivot of $ 51,050 would bring the 23.6% FIB of $ 50,473 and the first major support level at $ 50,200.

Apart from a longer sale on this day, Bitcoin should stay away from less than $ 49,000. The second major support level is $ 48,620.