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Bitcoin, BTC to USD, rose by 1.92% on Sunday. Following on from a 4.25% rally on Saturday, Bitcoin ended the week down by 1.18% to $19,180.0.
It was a mixed start to the day. Bitcoin fell to an early morning intraday low $18,720.7 before making a move.
Steering clear of the first major support level at $18,264, Bitcoin rallied to an early afternoon intraday high $19,416.0.
Bitcoin broke through the first major resistance level at $19,158 before falling back to sub-$19,100 levels.
Finding support in the final hour, however, Bitcoin broke back through the first major resistance level to end the day at $19,180 levels.
The near-term bullish trend remained intact, supported by the recovery to $19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.
The Rest of the Pack
Across the rest of the majors, it was a bullish end to the week.
Cardano’s ADA (+6.48%), Chainlink (+5.93%), and Litecoin (+7.14%) led the way.
Binance Coin (+3.37%), Crypto.com Coin (+3.75%), and Ethereum (+3.89%) also made solid gains.
Bitcoin Cash SV (+1.58%), Polkadot (+1.29%), and Ripple’s XRP (+1.27%) trailed the front runners, however.
For the week ending 13th December, it was a bearish week for the majors, however.
Ripple’s XRP led the way down, sliding by 17.78%.
Bitcoin Cash SV (-7.1%), Cardano’s ADA (-3.06%), Chainlink (-4.32%), Crypto.com Coin (-3.94%), and Polkadot (-3.58%) also struggled.
Binance Coin (-1.39%), Ethereum (-1.86%), and Litecoin (-1.65%) saw relatively modest losses in the week.
For the week, the crypto total market cap rose to a Monday high $569.88bn before falling to a Friday low $509.01bn. At the time of writing, the total market cap stood at $551.5bn.
Bitcoin’s dominance fell to a Wednesday low 63.03% before rising to a Sunday high 64.71%. At the time of writing, Bitcoin’s dominance stood at 64.24%.
This Morning
At the time of writing, Bitcoin was down by 0.55% to $19,074.0. A bearish start to the day saw Bitcoin fall from an early morning high $19,180.0 to a low $19.071.0.
Bitcoin left the major support and resistance levels untested early on.
Elsewhere, it was a mixed start to the day.
Bitcoin Cash SV bucked the trend early on, rising by 0.74%.
It was a bearish start for the rest of the majors, however.
At the time of writing, Ripple’s XRP was down by 0.99% to lead the way down.
For the Bitcoin Day Ahead
Bitcoin would need to move back through the pivot level at $19,106 to bring the first major resistance level at $19,490 into play.