It was another mixed start to the day. Bitcoin fell to a late morning intraday low $22,348.0 before making a move.
Steering clear of the first major support level at $21,705, Bitcoin rallied to a late intraday high $23,812.0.
Falling short of the first major resistance level at $23.898, Bitcoin eased back to end the day at $23,805 levels.
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 $11,733 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.
It was a bullish day for the rest of the majors.
Litecoin rallied by 9.40% to lead the way.
Cardano’s ADA (+2.36%), and Polkadot (+0.85%) trailed the front runners on the day.
At the start of the week, the crypto total market cap rose to a Monday high $671.47bn before sliding to a low $601.73bn. At the time of writing, the total market cap stood at $648.64bn.
Bitcoin’s dominance rose from a Monday low 66.74% to a Tuesday high of 68.36%. At the time of writing, Bitcoin’s dominance stood at 68.18%.