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Bitcoin eyeing 62k again

Since an earlier update here today, Bitcoin has fallen back again and now it is threatening the 62k level once more. That has remained intact for the time being, but it might be unwise to rule out another dip below this level. If that happens then it would mark a third time that has happened since yesterday and it could deliver a break, below the current interim lows. That is by no means certain outcome though. What is probably rather unsettling to BTC longs, is the immediate lack of traction heading into the much touted Halving event set for Friday April 19, or very soon afterwards. Bitcoin is currently trading at 62,240
 

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