A mixed start to the day saw Bitcoin rise to a mid-morning intraday high $32,661.0 before hitting reverse.
Falling short of the first major resistance level at $34,299, Bitcoin slid to a late morning intraday low $30,206.0.
Steering clear of the first major support level at $30,068, Bitcoin move back through to $32,300 levels and into the green.
A final hour rally delivered most of the upside on the day.
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 Saturday.
It was a bearish day for the rest of the majors, however.
In the current week, the crypto total market rose to a Monday high $1,488bn before falling to a Tuesday low $1,127bn. At the time of writing, the total market cap stood at $1,284bn.
Bitcoin’s dominance fell to a Monday low 45.03% before rising to a Wednesday high 48.26%. At the time of writing, Bitcoin’s dominance stood at 47.21%.