Crypto Daily - Movers and Shakers - October 14th, 2020

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 It was the combined start of the day. Bitcoin woke up this morning with an intraday high of $ 11,574.9 before hitting reverse.


Falling well in the first major resistance level at $ 11,830, Bitcoin fell in the early morning at a low price of $ 11,333.0.


To specify the first major level of support at $ 11,201 Bitcoin was briefly revised to $ 11,470 levels before a reduction.


The near-term bullish trend remains unchanged, supported by a recent retreat to $ 11,000 levels. For bears, Bitcoin will need to drop by a 62% FIB of $ 6,400 to make a near bearish trend.


Pack rest

For all the other majors, it was a mixed day Tuesday.


Binance Coin (+ 0.26%), Bitcoin Cash ABC (+ 5.77%), Bitcoin Cash SV (+ 0.71%), and Ripple's XRP (+ 0.25%) received support.


It was a bearish day for all the other officials. Chainlink and Crypto.com Coin dropped 3.84% and 4.77% respectively to lead the way down.


Cardano's ADA (-0.24%), Ethereum (-1.40%), Litecoin (-1.30%), and Polkadot (-0.35%) experienced moderate losses per day.


Earlier in the week, the total crypto market slipped on Monday low by $ 344.29bn before rising on Monday high by $ 365.23bn. At the time of writing, total market capitalization stood at $ 355.63bn.


Bitcoin dominance rose on Monday by a high of 60.10% before falling on Monday by a low of 59.47%. At the time of writing, Bitcoin’s dominance stands at 59.66%.

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