Bitcoin falls closer towards 60k this morning

Yesterday after the 4pm London FX fix, Bitcoin fell to a fresh session low around 61,750. The rebound that followed from there ahead of the wider US market close was not able to vault that noted and important level, at 62,408. BTC stalled at around 62,290. It did not manage to vault that level at the start of the Asian session today and since then it has fallen further. BTC has dropped to a low so far today at 60,565, set around two hours ago. That further fall today has pushed the price down towards its 200 day moving average again. However, that and the 100 day moving average are still containing the broader range, as they have for the past month and more. For your guide, the 200 day moving average is in place this morning at 58,327 and the 100 day is at 65,692. Beyond all that, it is hoped; that the focus here on that 62,408 technical level has served the reader well in recent updates. Bitcoin is currently trading at 60,840