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On the downside of the first major resistance level at $ 15,914, Bitcoin slipped to an intraday low of $ 14,411.0.
The sell-off saw Bitcoin fall through the first major support level at $ 15,205 and the second major support level at $ 14,838.
Finding late support, Bitcoin broke through the second major support level to end the day at $ 14,840.
The short-term bullish trend remained intact, supported by the latest move up to the $ 15,000 levels. For bears, Bitcoin is expected to slide through the 62% FIB of $ 6,400 to form a short-term bearish trend.
The rest of the pack
For the rest of the majors, Saturday was a bearish day.
Cardano’s ADA (-7.31%), Crypto.com Coin (-6.45%) and Litecoin (-6.96%) led the way down.
Also Binance Coin (-4.51%), Bitcoin Cash SV (-4.31%), Chainlink (-3.56%), Ethereum (-4.56%), Polkadot (-3.03%) and XRP of Ripple (-3.71) struggled.
Bitcoin Cash ABC fell a relatively modest 1.25% on the day.
For the current week, the total cryptocurrency market cap has fallen to a low on Tuesday at $ 379.41 billion before hitting a high on Friday at $ 456.16 billion. At the time of writing, the total market capitalization was $ 421.96 billion.
Bitcoin’s dominance fell to a Monday low of 63.16% before climbing to a Friday high of 66.51%. At the time of writing, Bitcoin’s dominance was 64.80%.
