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A mixed start to the day saw Bitcoin rise to an early morning intraday high $47,044.0 before hitting reverse.
Falling short of the first major resistance level at $47,343, Bitcoin slid to a late intraday low $44,155.0.
Bitcoin fell through the first major support level at $45,491 and the second major support level at $44,592
Finding late support, however, Bitcoin broke back through the second major support level to end the day at $44,800 levels.
The near-term bullish trend remained intact, in spite of the latest return to $43,000 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 Friday
Polkadot rose by 1.17% to buck the trend on the day.
It was a bearish day for the rest of the majors, however.
Ethereum slid by 6.26% to lead the way down.
Binance Coin (-4.70%), Bitcoin Cash SV (-4.08%), Cardano’s ADA (-5.29%), Chainlink (-5.70%), and Crypto.com Coin (-4.92%) weren’t far behind.
Litecoin (-3.49%) and Ripple’s XRP (-3.09%) also struggled, however.
In the current week, the crypto total market rose to a Tuesday high $2,438bn before tumbling to a Tuesday low $1,835bn. At the time of writing, the total market cap stood at $2,070bn.
Bitcoin’s dominance rose to a Tuesday high 43.64% before falling to a Friday low 39.92%. At the time of writing, Bitcoin’s dominance stood at 41.04%.
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