On a mixed start to the day, Bitcoin rose to an early morning intraday high of $ 59,236.5 before hitting reverse.
Bitcoin trailed the first major resistance level at $ 59,918, falling to a midday intraday low of $ 56,255.0.
Bitcoin fell through the first major support level at $ 57,407 before returning late to $ 58,000.
The short-term uptrend remained intact, helped by the recent visit to $ 59,000. For the bears, Bitcoin would have to slide through the 62% FIB of $ 27,237 to form a short-term bearish trend.
The rest of the pack
For the other majors it was a mixed day on Sunday.
Crypto.com Coin slipped 5.88%, with Bitcoin Cash SV (-1.57%) and Ripple’s XRP (-1.80%) also posting bitcoin in the red.
For the rest of the majors, however, it was a bullish end of the week.
Cardanos ADA and Litecoin gained 8.88% and 11.66% respectively and led the way, with Chainlink (+ 7.40%) also receiving strong support.
Binance Coin (+ 2.37%), Ethereum (+ 0.29%) and Polkadot (+ 2.07%) also avoided the red.
It was also a mixed week for the cryptos in the week leading up to 9th Can.
Crypto.com Coin (-6.08%) and Ripple’s XRP (-1.65%) saw red to buck the trend of the week.
For the rest of the majors, however, it has been a bullish week.
Litecoin led the way, up 44.30%.
Binance Coin (+ 23.05%), Cardanos ADA (+ 33.16%), Chainlink 32.37% and Ethereum (+ 33.07%) also found strong support.
However, Bitcoin Cash SV (+ 7.55%) and Polkadot (+ 6.93%) followed the front runners.
During the week, the overall crypto market fell to a Tuesday low of $ 2,064 billion before rising to a Saturday high of $ 2,482 billion. At the time of writing, its total market cap was $ 2,395 billion.
Bitcoin’s dominance rose to a Monday high of 49.44% before falling to a Thursday low of 44.65%. At the time of writing, Bitcoin was dominant at 45.43%.