It was a mixed start to the day. Bitcoin rose to an early morning high $18,044.0 before hitting reverse.
Falling short of the major resistance levels, Bitcoin fell to a late morning intraday low $17,344.0.
Steering clear of the first major support level at $17,112, Bitcoin climbed to a mid-afternoon intraday high $18,166.0.
Falling short of the first major resistance level at $18,443, however, Bitcoin slipped back to end the day at sub-$18,000.
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 $9,520 to form a near-term bearish trend.
The Rest of the Pack
Across the rest of the majors, it was a mixed day on Thursday.
Bitcoin Cash SV (-0.14%), Cardano’s ADA (-0.45%), Ethereum (-1.48%), and saw red on the day.
It was a bullish day for the rest of the majors, however.
Litecoin surged by 11.09% to lead the way.
Binance Coin (+0.17%), Chainlink (+0.40%), Crypto.com Coin (+3.89%), Polkadot (+1.52%), and Ripple’s XRP (+3.42%) also joined Bitcoin in the green.
In the current week, the crypto total market cap rose from a Monday low $445.47bn to a Wednesday high $514.87bn. At the time of writing, the total market cap stood at $493.44bn.
Bitcoin’s dominance fell to a Monday low 65.43% before rising to a Wednesday high 67.46%. At the time of writing, Bitcoin’s dominance stood at 67.12%.
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