Bitcoin , BTC to USD, rose by 1.68% on Sunday.Following a 0.41% gain on Saturday, Bitcoin ended the week up by 3.49% to $65,474.
A bullish start to the day saw Bitcoin rise to an early morning high $65,311.0 before hitting reverse.
Bitcoin broke through the first major resistance level at $65,123 before falling to a late afternoon intraday low $63,564.0
Steering clear of the first major support level at $63,539, Bitcoin rallied to a late intraday high $65,474.0.
Bitcoin broke back through the first major resistance level to wrap up the day at $65,400 levels.
The near-term bullish trend remained intact, supported by last Wednesday’s ATH $68,958.
The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday.
Polkadot slid by 3.12% to lead the way down.
Cardano’s ADA (-0.57%), Chainlink (-0.93%), Ethereum (-0.37%), and Ripple’s XRP (-0.30%) also saw red.
It was a bullish day for the rest of the majors, however.
Litecoin rallied by 8.38% to lead the way, with Bitcoin Cash SV (+1.89%) also finding strong support.
Binance Coin (+0.13%) and Crypto.com Coin (+0.35%) trailed the front runners, however.
It was also a mixed week ending 14 th November for the majors.
Polkadot slid by 14.15% to lead the way down, with Ripple’s XRP (-2.60%) also seeing red.
It was a bullish week for the rest of the majors, however.
Litecoin surged by 38.14% to lead the way, with Crypto.com Coin rallying by 20.11%.
Bitcoin Cash SV (+5.15%) and Chainlink (+4.43%) also finding relatively strong support.
Binance Coin (+0.11%), Cardano’s ADA (+0.87%), and Ethereum (+0.22%) trailed the front runners, however.
In the week, the crypto total market rose to a Wednesday high $3,007bn before falling to a Wednesday low $2,657bn.At the time of writing, the total market cap stood at $2,845bn.
Bitcoin’s dominance rose to a Wednesday high 44.62% before falling to a Friday low 42.78%.At the time of writing, Bitcoin’s dominance stood at 43.72%.
This Morning At the time of writing, Bitcoin was up by 0.54% to $65,827.0.A bullish start to the day saw Bitcoin rise from an early morning high $65,474.0 to a high $65,883.0.
Story continues Bitcoin left the major support and resistance levels untested early on.
Elsewhere, it was a mixed start to the day.
Litecoin (-0.70%) and Polkadot (-0.47%) saw red early on.
It’s been a bullish morning for the rest of the majors, however.
At the time of writing, Crypto.com Coin was up by 5.64% to lead the way.
For the Bitcoin Day Ahead Bitcoin would need to avoid the $64,837 pivot to bring the first major resistance level at $66,111 into play.
Support from the broader market would be needed for Bitcoin to move back through to $66,000 levels.
Barring a broad-based crypto rally, the first major resistance level would likely cap the upside.
In the event of an extended rally, Bitcoin could test resistance at $68,000 levels before easing back.The second major resistance level sits at $66,747.
A fall through the $64,837 pivot would bring the first major support level at $64,201 into play.
Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $62,927.
This article was originally posted on FX Empire
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