It was a bullish start to the day. Bitcoin rallied to an early morning intraday high and new swing hi $18,945.0 before hitting reverse.
Falling short of the first major resistance level at $19,062, Bitcoin fell to a mid-day intraday low $18,323.0.
Steering clear of the first major support level at $18005, Bitcoin briefly revisited $18,800 levels before easing back.
The near-term bullish trend remained intact, supported by the latest move through to $18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,709 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.
Ripple’s XRP surged by a whopping 39.95% to lead the way.
Bitcoin Cash SV (+16.00%), Cardano’s ADA (+12.69%), Chainlink (+9.81%), Ethereum (+8.35%), Polkadot (+10.33%), and Ripple’s XRP (+8.74%) also made strong gains.
Binance Coin (+5.23%), Crypto.com Coin (+0.55%), Litecoin (+5.43%), trailed the front runners, however.
In the current week, the crypto total market cap rose from a Monday low $445.47bn to a Saturday high $544.20bn. At the time of writing, the total market cap stood at $529.35bn.
Bitcoin’s dominance rose to a Wednesday high 67.46% before sliding to an early Sunday low of 64.32%. At the time of writing, Bitcoin’s dominance stood at 64.95%.