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Bitcoin drops back below 99k as Dollar edges off the lows

The dollar is just now off its worst levels of the morning, that saw the EUR/USD extend a break above 1.0335, to reach a high at 1.0369. The EUR/USD is now round 1.0345. At the same time, even when the dollar was falling there was no traction for Bitcoin. Well, now the dollar is rebounding somewhat that has helped to push BTC back below the 99k handle a moment ago. This modest relapse is far from conclusive, but at the same time there is a stalling in momentum after a failure to reclaim the 100k price point. Bitcoin  has just not fallen to test 98,800. It is currently at 98,870
 

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