November 21st, 2021 — The Crypto Daily — Movers and Shakers

On Saturday, the value of Bitcoin (BTC) to the US dollar increased by 2.73 percent. Bitcoin concluded the day at $59,766.0, up 2.11 percent from the previous day.

After a range-bound morning, Bitcoin slid to an intraday low of $57,450.0 in the late afternoon before making a move.

Bitcoin soared to a late intraday high of $59,886.0, avoiding the first significant support barrier at $56,396.

Bitcoin closed the day at $59,700 after breaking over the first significant resistance mark at $59,122.

Despite the recent retreat to sub-$56,000 levels, the near-term bullish trend remains intact. For the bears, a prolonged drop through the 62 percent FIB of $28,814 would be required to establish a near-term bearish trend.

The Rest of the Pack

On Saturday, the remainder of the majors had a mixed bag of results.

Polkadot was down 0.72 percent for the day, bucking the trend.

The rest of the majors, on the other hand, had a good day.

Binance Coin and Litecoin led the way with gains of 4.01 percent and 4.07 percent, respectively.

Strong support was also seen for Bitcoin Cash SV (+2.19 percent), Cardano’s ADA (+3.21%)…