19may Bitcoin, BTC to USD, fell by 1.47% on Tuesday.

Bitcoin, BTC to USD, fell by 1.47% on Tuesday. Following a 6.55% slide on Monday, Bitcoin ended the day at $42,900.0.

A bullish start to the day saw Bitcoin rise to a mid-morning intraday high $45,800.0 before hitting reverse.

Falling short of the first major resistance level at $46,177, Bitcoin slid to a late intraday low $42,316.0.

Steering clear of the 38.2% FIB of $41,592 and the first major support level at $41,509, Bitcoin ended the day at $42,900 levels.

The near-term bullish trend remained intact in spite of the latest slide back to sub-$43,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $27,237 to form a near-term bearish trend.