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Bitcoin balks at first attempt above 108k

Since an earlier update here on Bitcoin, the lead cryptocurrency did make a push just above the 108k handle. The high seen was set at 108,019. However, it has balked at that first attempt and fallen back since then. It is right now tracking back towards 106,500 and one driver for the move might be the modest rebound in the dollar from its earlier lows? It now remains to be seen, if BTC can launch another attack on that 108k level, or reject it by even more. It looks in the balance right now. BTC is currently trading at 106,510

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