A mixed start to the day saw Bitcoin rise to an early morning intraday high $37,461.3 before hitting reverse.
Falling well short of the first major resistance level at $38,016, Bitcoin slid to a late morning intraday low $34,630.0.
The extended sell-off saw Bitcoin fall through the first major support level at $36,295 and the second major support level at $35,251.
Steering clear of sub-$35,000 levels, however, Bitcoin broke back through the second major resistance level to revisit $36,000 levels before easing back.
Going into the 2nd half of the day, the first major support level had pinned Bitcoin back.
The near-term bullish trend remained in spite of the latest fall back to sub-$35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.
The Rest of the Pack
Across the rest of the majors, it was a mixed day on Saturday.
It was a bearish day for the rest of the majors, however.
In the current week, the crypto total market rose to a Monday high $1,670bn before falling to a Tuesday low $1,374bn. At the time of writing, the total market cap stood at $1,493bn.
Bitcoin’s dominance fell to a Monday low 41.28% before rising to a Friday high 45.66%. At the time of writing, Bitcoin’s dominance stood at 44.51%.