
It was a bullish start to the day. Bitcoin rallied from an early morning intraday low $13,054.0 to a late intraday high $13,769.0.
Bitcoin broke through the first major resistance level at $13,275 and the second major resistance level at $13,491.
A pullback in the final hour, however, saw Bitcoin wrap up the day at sub-$13,700 levels.
The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.
The Rest of the Pack
Across the rest of the majors, it was a mixed day on Tuesday.
Cardano’s ADA (-0.56%) and Polkadot (-4.72%) bucked the trend on the day.
It was a bullish day for the rest of the majors.
Ethereum led the way, rallying by 3.22%.
Binance Coin (+1.38%), Bitcoin Cash ABC (+1.33%), Chainlink (+1.97%), Crypto.com Coin (+2.49%), Litecoin (+2.20%), and Ripple’s XRP (+1.72%) also found strong support.
Bitcoin Cash SV trailed with a 0.26% gain.
In current the week, the crypto total fell to a Monday $378.22bn low before rising to a Tuesday $410,2bn high. At the time of writing, the total market cap stood at $403.43bn.
Bitcoin’s dominance fell to a Monday low of 61.54% before rising to a Wednesday 63.08% high. At the time of writing, Bitcoin’s dominance stood at 63.04%.
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