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A mixed start to the day saw Bitcoin rise to a morning intraday high of $ 18,732.0 before reversing.
Failing to reach the first major resistance level at $ 18,962, Bitcoin fell to a late morning intraday low of $ 17,645.0.
Bitcoin broke through the first major support level at $ 18,340 and the second major support level at $ 18,021.
Avoiding levels below $ 17,500, Bitcoin found support in 2nd half to end the day at $ 18,600. The late support saw Bitcoin break through the major support levels.
The short-term uptrend has remained intact, supported by the latest move to $ 18,000 levels. For bears, Bitcoin is expected to slide through the 62% FIB of $ 9,709 to form a short-term bearish trend.
The rest of the pack
In the rest of the majors, Sunday was a mixed day.
Cardano’s ADA jumped 9.36% to lead the way.
Ethereum also found support, climbing 1.40% to end the week at the highs.
However, it was a bearish day for the rest of the majors.
Bitcoin Cash SV and Chainlink led the way to the downside, with losses of 8.47% and 6.31% respectively.
Also Binance Coin (-1.56%), Crypto.com Coin (-4.09%), Litecoin (-4.90%), Polkadot (-3.16%) and Ripple’s XRP (-3.56% ) had difficulties.
For the week, it was an upside for the majors.
Ripple’s XRP rose 60.9% to lead the way.
Bitcoin Cash SV (+ 14.78%), ADA di Cardano (+ 45.3%), Chainlink (+ 19.6%), Ethereum (+ 25.0%) and Litecoin (+ 33.1%) also have found strong support.
Binance Coin (+ 8.47%), Crypto.com Coin (+ 6.83%) and Polkadot (+ 9.46%) still followed the top finishers.
Over the week, the total cryptocurrency market cap went from a low of $ 445.47 billion on Monday to a high of $ 545.25 billion on Sunday. At the time of writing, the total market capitalization was $ 522.02 billion.
Bitcoin’s dominance rose to a Wednesday high of 67.46% before sliding to a Sunday low of 63.86%. At the time of writing, Bitcoin’s dominance was 64.52%.
