Bitcoin jumped by 1.17% on Thursday, ending the day at $9,790.7. The crypto fluctuated during the session. It soared to an early morning high of $9,690.6 before dropping to a late morning intraday low of $9,461.0. Bitcoin also slid through the first major support level at $9,504.13 after steering clear of the major resistance levels.
However, the crypto managed to find support and recovered in the afternoon, striking a late afternoon intraday high of $9,882.1 before pulling back. Despite the drawback, it managed to break through the first major resistance level at $9,744.93, as well as the second major resistance level at $9,813.27.
However, resistance at $9,900 pinned Bitcoin back, and it dropped through the second major resistance level to end the day at sub-$9,800 levels.
On Friday, Bitcoin climbed up by 0.19% to $9,809.0. The crypto hit a high of $9,848.9 after falling to an early morning low of $9,765.3. But it left the major support and resistance levels untested early on.
The crypto market fluctuated on Thursday. Several cryptos ended in the red. Binance Coin lowered by 0.40%, and Ethereum declined by 0.58%. Meanwhile, Stellar’s Lumen dropped by 0.62%, and Tezos shaved off 1.61%, with Tron’s TRX declining by 0.29%.
However, the rest of the majors traded in relatively bullish territory. Cardano’s ADA rallied by 3.68%, gaining the most. Monero’s XMR also found strong support, growing by 1.34%.
Bitcoin Cash ABC jumped by 1.27%, while Bitcoin Cash SV increased by 0.30%, and EOS climbed up by 0.88%. Litecoin rose by 0.59% as well. However, Ripple’s XRP ended the session flat.
On Friday, Bitcoin Cash ABC gained 2.53%, leading the way. On the other hand, Cardano’s ADA lost 0.17%, with Stellar’s Lumen and Tezos lowering by 0.54% and 0.15%, respectively. However, other cryptos traded in the green.
The crypto total market cap jumped to a Monday high $285.71bn before plunging to a Tuesday low $255.98bn. On Friday, the total market cap stood at $273.47bn.
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