Bitcoin fell by 1.51% on Thursday. Reversing a 0.98% gain from Wednesday, Bitcoin ended the day at $9,100.0.<\/p>\n
A mixed start to the day saw Bitcoin rise to an early morning intraday high $9,266.2 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $9,322.13, Bitcoin fell to a mid-morning low $9,171.8.<\/p>\n
Steering clear of the major support levels, Bitcoin recovered to $9,260 levels before a 2nd sell-off.<\/p>\n
The 2nd sell-off saw Bitcoin slide to a late afternoon intraday low $8,950.<\/p>\n
Bitcoin fell through the first major support level at $9,133.53 and the second major support level at $9,027.17.<\/p>\n
Avoiding the 23.6% FIB of $8,900, Bitcoin recovered to $9,100 levels to limit the loss on the day.<\/p>\n
While breaking back through the second major support level, the first major support level at $9,133.53 pinned Bitcoin back.<\/p>\n
The near-term bullish trend remained intact in spite of the recent pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.<\/p>\n
Across the rest of the majors, it was a mixed day on Thursday.<\/p>\n
Cardanos ADA slid by 4.03% to lead the way down.<\/p>\n
Binance Coin (-2.72%), Bitcoin Cash ABC (-2.06%), Bitcoin Cash SV (-2.59%), Ethereum (-2.02%), Litecoin (-1.79%), Stellars Lumen (-2.48%), Tezos (-2.63%), and Trons TRX (-1.73%) also struggled.<\/p>\n
EOS (-0.71%), and Ripples XRP (-0.83%) saw relatively modest losses.<\/p>\n
Moneros XMR bucked the trend, rising by 1.19%.<\/p>\n
Through the current week, the crypto total market cap rose to a Wednesday high $260.82bn before falling to a Thursday low $249.3bn. At the time of writing, the total market cap stood at $254.86bn.<\/p>\n
Bitcoins dominance rose to a Monday high 66.29% before falling to a Thursday low 65.63%. At the time of writing, Bitcoins dominance stood at 65.81%.<\/p>\n
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The rest is here:<\/p>\n
The Crypto Daily - The Movers and Shakers - July 3rd, 2020 - FX Empire<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin fell by 1.51% on Thursday. Reversing a 0.98% gain from Wednesday, Bitcoin ended the day at $9,100.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $9,266.2 before hitting reverse. Continue reading