It was a mixed start to the day. Bitcoin slipped to an early morning intraday low $17,753 before making a move.
Steering clear of the first major support level at $17,386, Bitcoin rallied to a late afternoon intraday high $18,810.0.
Bitcoin broke through the first major resistance level at $18,208 and the second major resistance level at $18,598.
A late pullback saw Bitcoin briefly fall back through the second major resistance level before wrapping up the day at $18,600 levels.
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 $9,657 to form a near-term bearish trend.
The Rest of the Pack
Across the rest of the majors, it was a bullish day on Friday.
Cardano’s ADA surged by 11.71% to lead the way.
Crypto.com Coin (+9.45%), Ethereum (+8.16%), and Ripple’s XRP (+8.74%) also rallied on the day.
Binance Coin (+3.04%), Bitcoin Cash SV (+5.05%), Chainlink (+3.49%), Litecoin (+1.25%), and Polkadot (+4.94%) trailed the front runners.
In the current week, the crypto total market cap rose from a Monday low $445.47bn to a Saturday morning high $526.31bn. At the time of writing, the total market cap stood at $522.55bn.
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 66.94%.
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