A mixed start to the day saw Bitcoin rise to an early morning intraday high $63,067.0 before hitting reverse.
Falling short of the first major resistance level at $64,252, Bitcoin slid to a late intraday low $60,700.0.
Bitcoin fell through the first mayor support level at $60,862 before a partial recovery to $61,400 levels.
The near-term bullish trend remained intact, supported the latest return to $66,000 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 mixed day on Thursday.
Crypto.com Coin rallied by 10.61% to lead the way, with Bitcoin Cash SV (+1.65%) and Polkadot (+3.37%) also bucking the trend on the day.
It was a bearish day for the rest of the majors, however.
Cardano’s ADA and Chainlink led the way down, with losses of 3.82% and 2.94% respectively.
Binance Coin (-1.65%), Ethereum (-1.50%), and Litecoin (-2.10%) also struggled.
Ripple’s XRP fell by a more modest 0.79%, however.
In the current week, the crypto total market fell to a Monday low $2,527bn before rising to a Wednesday high $2,804bn. At the time of writing, the total market cap stood at $2,693bn.
Bitcoin’s dominance rose to a Monday high 44.39% before falling to a Wednesday low 42.76%. At the time of writing, Bitcoin’s dominance stood at 43.01%.
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