Bitcoin edging lower this morning

As the Nasdaq 100 fell back towards 19,100 yesterday afternoon, an update here noted that Bitcoin was tracking it lower and that had delivered a fresh session low for BTC. Well, it is no surprise to say today what happened next, when the Nasdaq 100 rebounded. BTC bounced back too and rose from a low point at 82,518. The rise was steep too and it saw BTC charge above 85k, peaking at 85,488 ahead of the wider US close. Earlier this morning it tried to extend that move, but it only reached 85,533 and since then it has turned lower again. No surprise to see that drop has come as the Nasdaq 100 futures turn lower. The low since the high has been set at 84,187. Meantime the 200 day moving average continues to rise. That is in place right now at 86,260. So, as you can see the high earlier was not even close to that. The 50 day is still falling and in place right now at 88,045. Hence the convergence continues. So, it seems that if you want to trade BTC today, you had better keep a keen eye on that Nasdaq price action once more. Bitcoin is right now at 84,195