Bitcoin back above 95k this morning

Yesterday the failure of BTC to make a move above 95,500 was highlighted here and it was that continued failure that in part helped it lower yesterday afternoon. The other driver was the early slide in the US stock markets (namely the Nasdaq 100) after the opening. So, Bitcoin crumbled to a low at 92,953. However, it did not stay down there for long and it was already on the rebound when the Q1 earnings from Meta and Microsoft delivered a further surge in the Nasdaq 100 futures after the closing bell. So, as usual BTC has tracked the Nasdaq 100 higher. However, given the gains in the Nasdaq 100 futures since the close, it is arguable that BTC should have done better, because it has yet to push above that 95,500 level. Mind you, it is heading that way right now, currently trading at 95,115