A bullish start to the day saw Bitcoin rise to an early morning intraday high $57,900.0 before hitting reverse.
Falling short of the first major resistance level at $58,400, Bitcoin fell to a mid-morning intraday low $56,050.0.
Bitcoin fell through the first major support level at $57,074 before briefly revisiting $57,300 levels.
Failing to move back into positive territory, Bitcoin fell back through the first major support level to end the day at sub-$57,000 levels.
The near-term bullish trend remained intact supported by the return to $58,000 levels. For the bears, Bitcoin would need to slide 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 Sunday.
It was a bearish day for the rest of the majors, however.
In the week, the crypto total market fell to a Monday low $1,778bn before rising to a Saturday high $2,229bn. At the time of writing, the total market cap stood at $2,208bn.
Bitcoin’s dominance rose to a Monday high 51.73% before falling to a Sunday low 48.76%. At the time of writing, Bitcoin’s dominance stood at 49.01%.