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Bitcoin edging lower just now

Updates here yesterday noted the break above 95,500 in Bitcoin and how that might lead it higher towards the next technical level around 99,500. Well, BTC did make further progress and it reached a high yesterday afternoon, at 97,483, Guess what time that high was set? Yes, you guessed it, right on the 4pm London FX fix. That is consistent with it so often peaking or doing the opposite on any given day around that time. The price action since has seen it rebound in Asia earlier today, from a low point at 96,226. That rebound delivered an earlier high today at 97,309, but more recently it has backed away once more. So, 99,500 continues to remain the level guarding the topside ahead of any test of the 100k handle. The low seen a moment ago was set at 96,675. Bitcoin is currently trading at 96,685
 

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