Steering clear of the first major support level at $30,891, however, Bitcoin rallied to a late morning intraday high $32,000.0.
Falling short of the first major resistance level at $32,118, Bitcoin fell back to $31,300 levels and into the red.
Finding support through the 2nd half of the day, however, Bitcoin revisited $31,900 levels before easing back.
The near-term bullish trend remained intact, in spite of the latest return to $31,000 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 mixed day on Saturday.
Crypto.com Coin and Polkadot rose by 1.89% and by 1.73% respectively to lead the way.
It was a bearish day for the rest of the majors, however.
Bitcoin Cash SV slid by 4.28% to lead the way down.
In the current week, the crypto total market rose to a Monday high $1,419bn before falling to a Friday low $1,248bn. At the time of writing, the total market cap stood at $1,282bn.
Bitcoin’s dominance fell to a Thursday low 45.47% before rising to a Saturday high 46.86%. At the time of writing, Bitcoin’s dominance stood at 46.27%.