It was another mixed start to the day. Bitcoin fell to an early morning intraday low $23,101.0 before making a move.
Steering clear of the first major support level at $23,010, Bitcoin rallied to a late intraday high $24,244.0.
Falling short of the first major resistance level at $24,365, however, Bitcoin fell back to the early intraday low $23,101.
Continuing to steer clear of the major support levels, Bitcoin moved back through to $23,400 levels to limit the downside.
The near-term bullish trend remained intact, supported by the latest breakthrough to $24,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,687 to form a near-term bearish trend.
The Rest of the Pack
Across the rest of the majors, it was yet another mixed day on Saturday.
It was a bearish day for the rest of the majors, however.
Cardano’s ADA (-1.42%) and Polkadot (-1.38%) saw relatively modest losses, however.
For the week, it was also mixed for the majors.
Polkadot slid by 13.5% to buck the trend for the week.
It was a bullish week for the rest of the majors, however.
Litecoin led the way, surging by 39.48% to lead the way.
Binance Coin (+17.79%) and Crypto.com Coin (+10.51%) also found strong support.
Bitcoin Cash SV (+7.36%), Cardano’s ADA (+5.33%), Chainlink (+1.07%), Ethereum (+8.12%), and Ripple’s XRP (+8.41%) trailed the front runners, however.
For the week, the crypto total market cap fell to a Monday low $545.05bn before rising to a Saturday high $680.60bn. At the time of writing, the total market cap stood at $657.06bn.
Bitcoin’s dominance fell to a Monday low 64.21% before rising to a Sunday high of 67.44%. At the time of writing, Bitcoin’s dominance stood at 66.97%.