Sun. Jul 6th, 2025

It’s been a mixed start to the day for Bitcoin and the broader market. A Bitcoin move through to $35,000 levels would deliver support, however.

BTC to USD, rose by 2.55% on Saturday. Following a 0.88% gain on Friday, Bitcoin ended the day at $34,682.0.

A mixed start to the day saw Bitcoin fall to an early morning intraday low $33,350.0 before making a move.

Steering clear of the first major support level at $33,016, Bitcoin rallied to a late afternoon intraday high $34,948.0.

Bitcoin broke through the first major resistance level at $34,299 and the second major resistance level at $34,783.

Coming up against resistance at $35,000, however, Bitcoin fell back through the second major resistance level to sub-$34,500 levels before steadying.

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.