This is the tech analysis for Bitcoin (BTC). We will be looking at movements from the day prior and today\u2019s support, resistance, pivot levels, and Fibonacci\u2019s. Additionally, we will look at the broader market moves on the day prior and any key market drivers.<\/p>\n

Bitcoin\u2019s Day Prior Moves<\/h2>\n

Bitcoin<\/a>, BTC to USD, rose by 4.73% on Saturday. Reversing a 0.82% loss from Friday, Bitcoin ended the day at $49,426.<\/p>\n

A mixed start to the day saw Bitcoin fall to an early morning intraday low $46,872 before making a move. Steering clear of the first major support level at $46,102, Bitcoin rose to a late intraday high $49,522.<\/p>\n

Bitcoin broke through the first major resistance level at $49,263 to wrap up the day at $49,400 levels.<\/p>\n

The near-term bullish trend remained intact, in spite of the latest pullback to $41,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $28,814 to form a near-term bearish trend.<\/p>\n

The Rest of the Pack<\/h2>\n

Across the rest of the majors, it was a bullish session.<\/p>\n

Cardano\u2019s ADA<\/a> jumped by 11.73% to lead the way. Chainlink<\/a> (+7.44%) and Litecoin<\/a> (+6.44%) also found strong support.<\/p>\n

Binance Coin<\/a> (+2.04%), Bitcoin Cash SV<\/a> (+4.53%), Crypto.com Coin<\/a> (+0.91%), Ethereum<\/a> (+4.79%), Polkadot (+0.27%), and Ripple\u2019s XRP<\/a> (+4.84%) trailed the front runners, however.<\/p>\n

In the current week, the crypto total market rose to a Tuesday high $2,420bn before falling to a Saturday low $2,116bn. At the time of writing, the total market cap stood at $2,261.<\/p>\n

Bitcoin\u2019s dominance rose to a Monday high 41.90% before falling to a Thursday low 39.90%. At the time of writing, Bitcoin\u2019s dominance stood at 41.49%.<\/p>\n

This Morning<\/h2>\n

At the time of writing, Bitcoin was up by 0.51% to $49,676. A mixed start to the day saw Bitcoin fall to an early morning low $49,372 before rising to a high $49,721.<\/p>\n

Bitcoin left the major support and resistance levels untested early on.<\/p>\n

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