Bitcoin broke through the first major resistance level at $31,970 and the second major resistance level at $32,380.
The reversal, however, saw Bitcoin slide to an early afternoon intraday low $31,111.0.
Bitcoin fell through the first major support level at $31,180 before briefly revisiting $31,900 levels.
Coming up against resistance at $32,000, Bitcoin eased back to end the day at $31,800 levels.
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 Sunday.
Crypto.com Coin fell by 1.50% to lead the way down.
It was a bullish day for the rest of the majors, however.
Bitcoin Cash SV rallied by 5.82% to lead the way, with Polkadot rising by 2.12%.
It was a bearish week for the majors, however.
Chainlink (-15.58%) led the way down, with Cardano’s ADA (-12.39%), Polkadot (-11.96%), Crypto.com Coin (-11.94%), Ethereum (-11.67%), and Litecoin (-11.27%) also seeing heavy losses.
Binance Coin (-6.14%), Bitcoin Cash SV (-4.39%), and Ripple’s XRP (-7.49%) saw relatively modest losses, however.
In the 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 $1,285bn.
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 46.38%.