Falling short of the first major resistance level at $47,550, Bitcoin slid to a late afternoon intraday low $44,635.0.
Steering clear of the first major support level at $43,902, however, Bitcoin revisited $45,800 levels before easing back.
The near-term bullish trend remained intact, supported by the latest return to $46,000 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 Tuesday.
It was a bullish day for the rest of the majors, however.
Early in the week, the crypto total market fell to a Monday low $1,696bn before rising to a Tuesday high $1,897bn. At the time of writing, the total market cap stood at $1,848bn.
Bitcoin’s dominance rose to a Monday high 47.44% before falling to a Tuesday low 46.27%. At the time of writing, Bitcoin’s dominance stood at 46.43%.