Bitcoin has two looks at 65k in weekend trading

As reported here on Friday afternoon, the combination of the slump in the dollar and jump in US stocks really helped BTC drive higher, once it made a more decisive break above its 50 day moving average (61,405). So, after a number of false starts and attempts at breaking out above that level, BTC finally got the news and catalysts it really needed to make sustained move higher. In the last update here on Friday we noted the move above 62k and that was later extended to around 63,850 ahead of the wider weekly market closes. Bitcoin then lifted further at the start of the weekend and came very close to reaching 65k very early on Saturday morning. The high seen was set at 64,983. It then dropped back to below 64k later on Saturday. The low seen was around 63,600 later that evening. It then rebounded into the Asian opening today and this time it managed to trade above 65k. The high was set at 65,030, but it has backed away again and dropped below 64k once more. BTC is currently trading at 64,015