A mixed start to the day saw Bitcoin rise to an early morning intraday high $35,495.0 before hitting reverse.
Falling short of the first major resistance level at $35,856, Bitcoin slid to a late intraday low $31,264.0.
The sell-off saw Bitcoin fall through the first major support level at $32,909 to end the day at $31,500 levels.
In spite of the extended sell-off, Bitcoin avoided the second major support level at $31,152.
The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 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 for the majors on Friday.
It was a bearish day for the rest of the majors, however.
Chainlink led the way down, sliding by 11.10%.
Polkadot fell by a more modest 2.43% on the day.
In the current week, the crypto total market rose to a Monday high $1,488bn before falling to a Tuesday low $1,129bn. At the time of writing, the total market cap stood at $1,278bn.
Bitcoin’s dominance fell to a Monday low 45.03% before rising to a Wednesday high 48.28%. At the time of writing, Bitcoin’s dominance stood at 46.86%.