It was a mixed start to the day. Bitcoin fell to an early morning low $35,551.0 before making a move.
Steering clear of the major support levels, Bitcoin rose to a late morning intraday high $37,997.0.
Falling short of the first major resistance level at $39,461, Bitcoin slid to a late intraday low $35,418.0.
Steering clear of the first major support level at $34,260, Bitcoin moved back through to $36,000 levels to reduce the deficit on the day.
The near-term bullish trend remained intact, in spite of the latest reversal. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend.
The Rest of the Pack
Across the rest of the majors, it was another mixed day on Saturday.
Polkadot surged by 39.53% to lead the way.
Cardano’s ADA (+16.05%) and Crypto.com Coin (+15.91%) also found strong support.
Binance Coin (+5.28%) and Ethereum (+4.97%) trailed the front runners.
It was a bearish day for the rest of the pack.
Chainlink slid by -3.24% to lead the way down.
Bitcoin Cash SV (-0.21%), Litecoin (-0.17%), and Ripple’s XRP (-0.36%) saw modest losses on the day.
In the current week, the crypto total market cap fell to a Monday low $804.97bn before rising to a Thursday high $1,083.27bn. At the time of writing, the total market cap stood at $1,004.03bn.
Bitcoin’s dominance rose to a Thursday high 70.28% before falling to a Saturday low 66.73%. At the time of writing, Bitcoin’s dominance stood at 67.26%.