It was a bearish start to the day. Bitcoin fell to an early morning intraday low $10,682.0 before making a move.<\/p>\n
Steering clear of the first major support level at $10,647, Bitcoin rallied to a late afternoon intraday high $11,105.0.<\/p>\n
Bitcoin broke through the first major resistance level at $10,946 and the second major resistance level at $11,094.<\/p>\n
A late pullback, however, saw Bitcoin fall back through the second major resistance level to wrap up the day at sub-$11,000 levels.<\/p>\n
The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.<\/p>\n
Across the rest of the majors, it was another mixed day on Wednesday.<\/p>\n
Binance Coin (+2.73%), EOS (+0.30%), Ethereum (+0.32%), Ripples XRP (+1.66%), and Stellars Lumen (+2.71%) joined Bitcoin in the green.<\/p>\n
It was a bearish day for the rest of the majors, however.<\/p>\n
Trons TRX and Moneros XMR led the way down, with losses of 3.19% and 5.15% respectively.<\/p>\n
Bitcoin Cash ABC (-0.55%), Bitcoin Cash SV (-2.93%), Cardanos ADA (-1.63%), Litecoin (-1.20%), and Tezos (-1.21%) also struggled.<\/p>\n
In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Tuesday high $337.85bn. At the time of writing, the total market cap stood at $335.17bn.<\/p>\n
Bitcoins dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoins dominance stood at 60.87%.<\/p>\n
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The Crypto Daily Movers and Shakers September 17th, 2020 - FX Empire<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" It was a bearish start to the day. Bitcoin fell to an early morning intraday low $10,682.0 before making a move. Steering clear of the first major support level at $10,647, Bitcoin rallied to a late afternoon intraday high $11,105.0. Continue reading