The mixed start of the day saw Bitcoin fall to an early morning low of $ 55,714.0 before it hit.
Avoiding the first higher support level of $ 54,798, Bitcoin climbed to the late high daily $ 58,155.0.
Bitcoin broke its first higher resistance level to $ 57,882 before falling back to $ 57,500.
Finding late support, Bitcoin broke through the first major resistance level to end the day at $ 58,000.
The short-term bullish trend remained intact despite the latest withdrawal. For bears, Bitcoin would have to go through a 62% FIB of $ 26,041 to form a short-term bearish trend.
The rest of the pack
In the rest of the main directions, Thursday was Bull Day.
Ripple’s XRP jumped 15.89% to take the lead, and Binance Coin rallied 11.65%.
Cardano’s ADA (+ 4.02%), Chainlink (+ 5.35%), Crypto.com Coin (+ 7.31%), Ethereum (+ 5.93%) and Litecoin (+ 3, also found strong support). 21%).
Bitcoin Cash SV (+ 2.79%) and Polkadot (+ 0.81%) were still behind the first runners.
In the current week, the total crypto market rose to a high of $ 1.992 billion on Tuesday before falling to a low of $ 1.783 billion on Wednesday. At the time of writing, the total market capitalization was $ 1.920 billion.
Bitcoin dominance rose to a high of 58.33% on Monday before falling to a low of 55.75% on Wednesday. At the time of writing, the dominance of Bitcoin was 56.55%.