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It was a bullish start to the day. Bitcoin moved from a morning intraday low of $ 13,054.0 to an intraday high of $ 13,769.0.
Bitcoin broke through the first major resistance level at $ 13,275 and the second major resistance level at $ 13,491.
A pullback in the past hour, however, saw Bitcoin end the day at levels below $ 13,700.
The short-term bullish trend remained intact, supported by the latest move up to the $ 13,000 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
In the rest of the majors, Tuesday was a mixed day.
The ADA of Cardano (-0.56%) and Polkadot (-4.72%) contrasted the trend during the day.
It was a bullish day for the rest of the majors.
Ethereum led the way, increasing by 3.22%.
Binance Coin (+ 1.38%), Bitcoin Cash ABC (+ 1.33%), Chainlink (+ 1.97%), Crypto.com Coin (+ 2.49%), Litecoin (+ 2.20%) and Ripple’s XRP (+ 1.72%) found strong support.
Bitcoin Cash SV lagged behind with a gain of 0.26%.
In the current week, total cryptocurrencies fell to a low of $ 378.22 billion on Monday before climbing to a high of $ 410.2 billion on Tuesday. At the time of writing, the total market capitalization was $ 403.43 billion.
Bitcoin’s dominance fell to a Monday low of 61.54% before rising to a Wednesday high of 63.08%. At the time of writing, Bitcoin’s dominance was 63.04%.
