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Bitcoin falls below support at 100k this morning
Bitcoin lifted just above 107k on Friday after the European close. The price action that followed over the weekend saw it struggle and earlier today that struggle was rewarded with more downside, much to the chagrin on BTC holders. This has resulted in BTC falling below the noted prior interim low, at 100,123. The fall has also now taken it below the 100k support which capped any downside for most of last week. The next potential resting point could be the low seen on January 20, at 99,488. Just below that level comes the 50 day moving average, which has now risen to be in place this morning, at 98,866. That moving average has capped the downside since it busted above it on January 15. The high seen earlier today was set at 104,706. The low has just been set at 99,550
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