BTC to USD, fell by 4.30% on Thursday. Following a 2.38% decline on Wednesday, Bitcoin ended the day at $33,554.4.
Bearish from the start to the day, Bitcoin fell from an early morning intraday high $35,069.0 to a late intraday low $32,720.0.
Bitcoin fell through the first major support level at $34,294 and the second major support level at $33,526.
Steering clear of sub-$32,000 support levels, however, Bitcoin broke back through the second major support level to end the day at $33,550 levels.
The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.
In the current week, the crypto total market rose to a Tuesday high $1,485bn before falling to a Thursday low $1,327bn. At the time of writing, the total market cap stood at $1,373bn.
Bitcoin’s dominance rose to a Monday high 47.67% before falling to a Thursday low 45.54%. At the time of writing, Bitcoin’s dominance stood at 46.03%.