A bearish start to the day saw Bitcoin fall to an early morning intraday low $57,135.0 before making a move.
Steering clear of the first major support level at $55,507, Bitcoin rallied to a mid-day intraday high $59,523.0.
The morning rally saw Bitcoin break through the first major resistance level at $59,168 before easing back.
Falling short of $60,000 levels and the second major resistance level at $60,660, Bitcoin fell back to sub-$58,500 levels.
Finding late support, however, Bitcoin briefly moved back through to $58,900 levels before easing back.
The near-term bullish trend remained intact in spite of the recent pullback. 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 Tuesday.
Binance Coin jumped by 13.22% to lead the way.
It was a bearish day for the rest of the pack, however.
Polkadot fell by 2.97% to lead the way down.
In early part of the week, the crypto total market fell to a Monday low $1,671bn before rising to a Tuesday high $1,843bn. At the time of writing, the total market cap stood at $1,812bn.
Bitcoin’s dominance fell to a Monday low 60.14% before rising to a Monday high 61.31%. At the time of writing, Bitcoin’s dominance stood at 60.73%.