A mixed start to the day saw Bitcoin recover from a mid-morning low $36,250.0 to strike a late morning intraday high $38,337.0.
Falling short of the first major resistance level at $39,088, Bitcoin fell to a late intraday low $35,816.
Steering clear of the first major support level at $34,058, Bitcoin found support to end the day at $36,600 levels.
The near-term bullish trend remained intact supported by the latest move back through to $37,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.
The Rest of the Pack
Across the rest of the majors, it was a bearish day on Thursday.
Chainlink slid by 9.57% to lead the way down.
In the current week, the crypto total market rose to a Monday high $1,670bn before falling to a Tuesday low $1,374bn. At the time of writing, the total market cap stood at $1,527bn.
Bitcoin’s dominance fell to a Monday low 41.28% before rising to an early Friday high 44.45%. At the time of writing, Bitcoin’s dominance stood at 44.45%.