A mixed start to the day saw Bitcoin rise to an early morning high $59,475.0 before hitting reverse.
Falling short of the first major resistance level at $60,651, Bitcoin slid to an early afternoon low $57,581.0.
Steering clear of the major support levels, Bitcoin rallied to a late afternoon intraday high $60,190.0.
Continuing to fall short of the major resistance levels, Bitcoin slid to a late intraday low $57,005.0.
Steering clear of the first major support level at $55,524, Bitcoin revisited $58,000 levels before easing back.
The near-term bullish trend remained intact supported by last Sunday’s new swing hi $61,699.0. For the bears, Bitcoin would need to slide through the 62% FIB of $26,041 to form a near-term bearish trend.
The Rest of the Pack
Across the rest of the majors, it was a mixed day on Thursday.
It was a bearish day for the rest of the majors.
In the week, the crypto total market fell to a Tuesday low $1,593bn before rising to a Thursday high $1.831bn. At the time of writing, the total market cap stood at $1,715bn.
Bitcoin’s dominance rose to a Monday high 63.02% before falling to a Tuesday low 60.84%. At the time of writing, Bitcoin’s dominance stood at 61.78%.