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It was an uneven start to the day. Bitcoin fell to an early morning intraday low of $ 36,555.0 before making a move.
The pullback saw Bitcoin fall through the first major support level at $ 36,889.
Staying clear of the levels below $ 36,000, Bitcoin rallied to a mid-afternoon intraday high and a fresh change of $ 41,969.0.
Bitcoin broke the first major resistance level at $ 41,148 before falling back to levels below $ 39,000.
However, finding late support, Bitcoin returned to levels of $ 40,500 to offer the advantage of the day.
The short-term uptrend remained intact, supported by the latest advance to $ 41,000 levels. For bears, Bitcoin would need to slide through the 62% FIB of $ 18,504 to form a short-term downtrend.
The rest of the pack
In the rest of the majors, Friday was a mixed day.
Chainlink and Polkadot fell 4.64% and 6.19% to lead the way down.
Binance Coin (-2.81%), Ethereum (-0.83%), and Ripple’s XRP (-0.84%) also looked red on the day.
However, it was a bullish day for the rest of the majors.
Bitcoin Cash SV was up 3.39% to lead the group.
Cardano’s ADA (+ 1.71%), Crypto.com Coin (+ 2.71%) and Litecoin (+ 1.60%) also joined Bitcoin in the green.
In the current week, the total crypto market capitalization slid to a Monday low of $ 735.72 billion before climbing to a Friday high of $ 1,115.32 billion. At the time of writing this report, the total market capitalization stood at $ 1,052,850 million.
Bitcoin’s dominance fell to a Monday low of 67.66% before rising to a Friday high of 71.37%. At the time of writing this article, Bitcoin’s dominance was 70.99%.
