The Crypto Daily - Movers and Shaker - August 30, 2021

Bitcoin, BTC to USD, fell by 0.23%on Sunday. After a decrease of 0.34% compared to Saturday, Bitcoin ended the week with a minus of 0.95% to

A restless start to the day led to Bitcoin recovering an intra-raday high in the early morning of $ 49,650.0 before it hit the reverse gear.

Bitcoin broke the first great resistance level at $ 49,354 before slipping on an intraday low of $ 47,760.0 in the early morning.

The sale meant that Bitcoin broke the first major level of support at $ 48,430 and the second major support level at $ 47,946

To keep away from a level below $ 47,500, Bitcoin found a late support to reach the level of $ 49,400 again before it fell into the red.

The first major level of resistance at $ 49,354 Bitcoin coupled back in the last hour.

The short -term upward trend remained intact, supported by the recent return to a level of $ 50,000. 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

With the other majors it was a mixed day on Sunday.

Binance Coin fell by 1.30%to lead the way down.

Ethereum (-0.66%), Litecoin (-0.74%), polkadot (-0.72%), and ripple leather XRP (-0.55%) from ’s was also red.

For the rest of the majors it was a bullish day.

Bitcoin Cash SV increased by 1.86 % to take the lead with Crypto.com Coin 1.29 %.

Cardanos ada (+0.11 %) and chainlink (+0.16 %), however, followed the leaders.

It was also a mixed week for the majors of the week, which ended on the 29th ns August.

chainlink slipped by 8.03 % to lead the way down. Ethereum (-0.46 %), Litecoin (-6.18 %), Polkadot (-6.22 %) and Ripple’s XRP (-7.01 %) also ended the week in the minus.

For the rest of the majors it was a bullish week.

Binance Coin increased by 6.92% to take the lead, closely followed by Cardanos Ada (+5.32%).

Bitcoin Cash SV (+1.37%) and Crypto.com Coin (+1.97%) and, however, followed the leaders

a week the overall crypto market rose to a Monday high of $ 2,169 billion before fell to a Thursday exit of USD 1,933 billion. At the time of the letter, the overall market capitalization was $ 2,087 billion.

The dominance of Bitcoin rose to a Thursday high of 44.98% before fell to a Saturday low of 43.53%. At the time of writing, Bitcoin's dominance was 44.03 %.

this morning

At the time of writing, Bitcoin rose 0.24% to $ 48,915.7. A mixed start to the day led to Bitcoin fell to a low in the early morning of $ 48,565.0 before it rose to a high of $ 48.915.7

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

Elsewhere it was a mixed start to the day.

Polkadot opposed the early trend and fell by modest 0.06 %.

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

At the time of writing, Bitcoin Cash SV rose by 1.46% to take the lead.

for the upcoming Bitcoin tag

Bitcoin would have to avoid a relapse from the pivot of $ 48,737 in order to bring the first great resistance level at $ 49,713.

So that Bitcoin from the high on Sunday can break out at $ 49,650.0, support from the wider market would be required.

Apart from a broad crypto rally, the first great level of resistance and the resistance at $ 50,000 would probably limit any upward trend.

In the case of an extensive crypto rally, Bitcoin could test the resistance at 23.6% FIB of $ 50,483 before a pullback occurs. The second major resistance level is $ 50,627.

A relapse from the pivot of $ 48,737 would bring the first major support level at $ 47,823.

Apart from another longer sale on this day, Bitcoin should stay away from less than $ 47,000. The second major support level is $ 46,847.