It was a mixed start to the day. Bitcoin fell to an early morning intraday low $12,710.0 before making a move.
Steering clear of the first major support level at $12,073, Bitcoin rallied to a late intraday high $13,188.0.
Falling short of the first major resistance level at $13,383, Bitcoin fell back to end the day at sub-$13,000 levels.
The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 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.
Crypto.com Coin fell by 4.30% to buck the trend on the day.
It was a bullish day for the rest of the majors.
Chainlink rallied by 10.76% to lead the way.
Cardano’s ADA (+4.62%), and Ethereum (+5.96%) also found strong support on the day.
Binance Coin (+3.02%), Bitcoin Cash ABC (+1.87%), Bitcoin Cash SV (+2.51%), Litecoin (+2.54%), Polkadot (+1.86%), and Ripple’s XRP (+2.39%) trailed the front runners on the day.
In the current week, the crypto total fell to a Tuesday low $347.77bn before surging to a Thursday high $397.58bn. At the time of writing, the total market cap stood at $386.25bn.
Bitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.84%.