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The Crypto Daily – Movers and Shakers – October 13th, 2021

From fxempire.com

Bitcoin, BTC to USD, fell by 2.54% on Tuesday. Partially reversing a 5.14% gain from Monday, Bitcoin ended the day at $56,009. A mixed start to the day saw Bitcoin rise to an early morning intraday high $57,661.0 before hitting reverse. Falling short of the first major resistance level at $58,730, Bitcoin slid to a late intraday low $53,837.5. Bitcoin fell through the first major support level at $55,339 before a partial recovery to $56,000 levels. The near-term bullish trend remained intact, supported the latest return to $57,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of ... (full story)

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  • Category: Technical Analysis