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Bitcoin falls to session lows as US yields rebound

Earlier today Bitcoin did have a brief look below a repeatedly noted technical level at 62,408. Well, it did not stay down there for long and besides the fall was only just through the level. The rebound that followed saw it push back above 63k again. Well, since then BTC has now fallen to fresh session lows, below 62,200 a moment ago. The combination of a rebound in US yields and a firmer dollar, following the higher than expected JOLTS data has helped to push BTC lower. The low set a moment ago was at 62,186 and now remind to be seen; how far below 62,408 this move will extend. BTC is just now trading at 62,295
 

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