Bitcoin eyeing 62k this morning

Last week on Friday Bitcoin drifted lower into the weekend and that delivered a low at just under 62,500 very early on Saturday. The rebound that followed saw it bounce back to a high on Sunday at 64,315. However, the price action since has been southbound once again so far today. Bitcoin has fallen below the lows seen on Saturday and close to 62k a short while ago. The wider range is still very much inside its 50 and 100 day moving averages. Those are in place right now at 66,925 and 59,045 respectively. The low seen so far today has been set at 62,073. Bitcoin is currently trading at 62,240