Bitcoin fell by 0.30% on Friday. Following on from a 1.51% slide from Thursday, Bitcoin ended the day at $9,073.2.
It was a relatively range-bound day for Bitcoin. A bullish start to the day saw Bitcoin rise to a late morning intraday high $9,135.5 before pulling back.
Falling well short of the first major resistance level at $9,260.8, Bitcoin slid to a late morning intraday low $9,056.7.
Steering clear of the first major support level at $8,944.6, Bitcoin moved back through to $9,130 levels before easing back.
A bearish end to the day left Bitcoin in the red.
The near-term bullish trend remained intact in spite of the recent pullback to sub-$9,000 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 Friday.
Cardano’s ADA reversed Thursday’s slide, with a 3.87% gain to lead the way.
Bitcoin Cash SV (+0.70%), EOS (+2.46%), Litecoin (+0.22%), Ripple’s XRP (+1.02%), and Tron’s TRX (+0.78%) also found support.
It was bearish for the rest of the majors, however.
Binance Coin (-0.59%), Bitcoin Cash ABC (-0.44%), Ethereum (-0.61%), Monero’s XMR (-3.48%), Stellar’s Lumen (-0.40%), and Tezos (-2.41%) struggled on the day.
Through the current week, the crypto total market cap rose to a Wednesday high $260.82bn before falling to a Thursday low $249.45bn. At the time of writing, the total market cap stood at $254.5bn.
Bitcoin’s dominance rose to a Monday high 66.29% before falling to a Friday low 65.39%. At the time of writing, Bitcoin’s dominance stood at 65.63%.