Bitcoin Price Prediction – A Return to sub-$32,000 Levels if $36,000 Elusive

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After another bullish day for the majors on Thursday, it’s been yet another mixed start to the day for Bitcoin and the broader crypto market.

At the time of writing, Bitcoin, BTC to USD, was down by 4.48% to $33,113.6. A mixed start to the day saw Bitcoin rise to an early morning current day high $35,495.0 before hitting reverse.

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Falling short of the first major resistance level at $35,856 Bitcoin slid to a midday intraday low $33,111.8.

Steering clear of the first major support level at $32,909, Bitcoin steadied to limit the morning loss.

The Rest of the Pack

It’s been a mixed morning for the broader crypto market.

Bitcoin Cash SV and Coin were up by 6.08% and by 1.73% respectively to buck the trend early on,

It’s been a bearish morning for the rest of the majors, however.

Ethereum was down by 7.16% to lead the way down, with Binance Coin (-6.61%) and Chainlink (-6.88%) also seeing deep red.

Cardano’s ADA (-3.96%), Litecoin (-3.92%), Polkadot (-2.79%), and Ripple’s XRP (-5.50%) weren’t far behind, however.

Through the early hours, the crypto total market rose to an early morning high $1,397bn before falling to a low $1,307bn. At the time of writing, the total market cap stood at $1,308bn.

Bitcoin’s dominance fell to an early low 47.10% before rising to a high 47.66%. At the time of writing, Bitcoin’s dominance stood at 47.52%.