A bullish start to the day, Bitcoin rose to an early morning intraday $ 62,450.0 before reversing.
With the shortfall in the first major resistance level at $ 63,226, Bitcoin slips to an intraday low of $ 59,662.0.
Bitcoin dropped to $ 59,711 at the first major support level before briefly revisiting $ 60,900 levels.
With a clumsy end to the day, however, Bitcoin fell back to end the day at below $ 60,000 levels.
The short-term bullish trend remained intact, supported by the latest move to $ 64,000 levels. For the cattle, Bitcoin must move through the 62% FIB of $ 27,237 to form a short-term bearish trend.
The rest of the pack
Over the rest of the majors, it was a mixed day on Saturday.
Polkadot rose 3.87% to take the lead, with Binance Coin rising 1.08%.
However, it was a clumsy day for the rest of the majors.
Bitcoin Cash SV slipped by 10.95% to derive.
Cardano’s ADA (-3.18%), Chainlink (-4.89%), Ethereum (-4.45%) and Litecoin (-2.51%) also struggled.
However, Crypto.com Coin (-0.08%) and Ripple’s XRP (-0.62%) suffered modest losses on the day.
In the current week, the crypto-total market fell to a low of $ 1.959 billion on Monday before rising to $ 2.305 billion on a Friday. At the time of writing, the total market capitalization was $ 2.136 billion.
Bitcoin’s dominance rose to a Monday high of 56.61% before falling to a Saturday low of 51.38%. At the time of writing, Bitcoin’s dominance was 52.85%.