A mixed start to the day saw Bitcoin fall to an early morning intraday low $47,066.0 before making a move.
Steering clear of the first major support level at $46,650, Bitcoin rallied to a mid-morning intraday high $48,819.0.
Bitcoin broke through the first major resistance level at $48,062.
Coming up against the second major resistance level at $48,829, however, Bitcoin fell back to sub-$48,000 before finding late support.
Late in the day, Bitcoin broke back through the first major resistance level to wrap up the day at $48,300 levels.
The near-term bullish trend remained intact, in spite of the latest return to $43,000 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 on Saturday.
Crypto.com Coin fell by 0.03% to buck the trend.
It was a bullish day for the rest of the majors, however.
Polkadot rallied by 3.41% to lead the way, with Chainlink (+2.58%) also finding strong support.
In the current the week, the crypto total market fell to a Monday low $1,957bn before rising to a Thursday high $2,245bn. At the time of writing, the total market cap stood at $2,176bn.
Bitcoin’s dominance fell to a Monday low 40.36% before rising to a Friday high 42.30%. At the time of writing, Bitcoin’s dominance stood at 41.77%.