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Bitcoin hands it back as dollar bounces

Earlier today Bitcoin made a move back towards 69k. It topped out at around 68,875. However, in more recent trading it has fallen back again, as the dollar catches a bid versus all its major counterparts. In fact, BTC was already trailing lower before that US consumer confidence data kicked it lower again. Now the low seen much earlier today was set at 67,460. It has just now touched 67,500. It is off that low now, but a break below 67,460 might still be in play. Much will depend on those wider market dynamics as to whether we see a further breakdown, to fresh session lows or not. Bitcoin is currently trading at 67,910

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