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It was a mixed start for the day. Bitcoin dropped to a late morning low of $ 15,182 before making a move.
Avoiding the first major support level at $ 14,953, Bitcoin reached a late morning intraday high of $ 15,844.0.
Meeting the first major resistance level at $ 15,848, Bitcoin slid to an afternoon intraday low of $ 14,841.0.
Bitcoin broke through the first major support level at $ 14,953 before a partial recovery to $ 15,300.
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
In all the rest of the majors, Monday was a mixed day.
Polkadot broke the trend earlier in the week, with a gain of 0.44%.
It was a bearish day for the rest of the majors.
Bitcoin Cash SV and Crypto.com Coin both slipped 5.03% and 4.50% to the top of the chart.
Bitcoin Cash ABC (-3.38%), Ethereum (-2.16%) and Litecoin (-2.85%) also suffered.
Binance Coin (-1.26%), Cardano’s ADA (-0.87%), Chainlink (-1.69%) and Ripple’s XRP (-1.23%) posted relatively modest losses over the day.
For the week, total cryptocurrency market cap rose to a Monday high of $ 449.53 billion before falling to a Monday low of $ 423.81 billion. At the time of writing, the total market capitalization was $ 443.58 billion.
Bitcoin’s dominance rose to a Monday high of 65.22% before dropping to a low of 64.70%. At the time of writing, Bitcoin’s dominance was 64.87%.
