A mixed start to the day saw Bitcoin fall to an early morning intraday low $58,328.0 before making a move.
Steering clear of the first major support level at $57,958, Bitcoin rallied to an early morning intraday high $60,190.0.
Bitcoin broke through the first major resistance level at $59,486 before hitting reverse.
Coming within range of the second major resistance level at $60,259, Bitcoin fell back to a late in the day low $58,400.
Finding late support, however, Bitcoin broke back through to $58,900 levels to end the day in positive territory.
The near-term bullish trend remained intact supported by the March gain. 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 bullish day on Friday.
In the current week, the crypto total market fell to a Monday low $1,671bn before rising to a Friday high $1,929bn. At the time of writing, the total market cap stood at $1,892bn.
Bitcoin’s dominance rose to a Wednesday high 61.34% before falling to a Friday low 58.16%. At the time of writing, Bitcoin’s dominance stood at 58.61%.