A mixed start to the day saw Bitcoin fall to an early morning intraday low $33,422.0 before making a move.
Steering clear of the first major support level at $32,572, Bitcoin rallied to a late afternoon intraday high $34,527.0.
Bitcoin broke through the first major resistance level at $34,177 before a pullback to $33,700 levels.
Late in the day, however, Bitcoin broke back through the first major resistance level to end the day at $ $34,200 levels.
The near-term bullish trend remained intact, in spite of the latest return to $29,000 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 bullish day on Saturday.
Ethereum rose by 2.83% to lead the way, with Cardano’s ADA (+2.11%) and Crypto.com Coin (+2.54%) close behind.
Binance Coin (+0.78%), Chainlink (+1.26%), Litecoin (+1.46%), Polkadot (+0.83%), and Ripple’s XRP (+0.01%) trailed the front runners, however, with modest gains.
Bitcoin Cash SV ended the day flat.
In the current week, the crypto total market fell to a Tuesday low $1,154bn before rising to a Saturday high $1,410bn. At the time of writing, the total market cap stood at $1,371bn.
Bitcoin’s dominance rose to a Tuesday high 47.63% before falling to a Thursday low 45.91%. At the time of writing, Bitcoin’s dominance stood at 46.48%.