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A mixed start to the day saw Bitcoin fall to a late morning intraday low $62,000.0 before making a move.
Steering clear of the first major support level at $61,204, Bitcoin struck a late intraday high $63,845.0.
Falling well short of the first major resistance level at $64,727, Bitcoin eased back to end the day at sub-$63,200 levels.
The near-term bullish trend remained intact supported by the latest move through to $64,000 levels. For the bears, Bitcoin would need to slide 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.
Ripple’s XRP slid by 4.17% to lead the way down
Binance Coin (-1.36%) and Polkadot (-0.02%) also saw red to buck the trend on the day.
It was a bullish day for the rest of the majors, however.
Bitcoin Cash SV rallied by 12.38% to lead the way.
Chainlink (+3.18%), Crypto.com Coin (+3.20%), Ethereum (+3.49%), and Litecoin (+2.67%) also made solid gains.
Cardano’s ADA (+1.93%) and Polkadot (+1.87%) and trailed the front runners, however.
In the current week, the crypto total market fell to a Monday low $1,959bn before rising to a Wednesday high $2,259bn. At the time of writing, the total market cap stood at $2,214bn.
Bitcoin’s dominance rose to a Monday high 56.61% before falling to a Thursday low 52.92%. At the time of writing, Bitcoin’s dominance stood at 53.53%.
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