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Bitcoin holds onto 60k in weekend trading

As noted here on Friday afternoon, Bitcoin slid into the 4pm London FX fix, dropping to a low at 60,201 subsequent to that event. The price action over the weekend was characterised by a slow grind across the chart screen, with a slight upward bias. That eventually led to a high on Sunday evening at 61,838. Today an earlier rise towards that high again, from a prior fall below 61k, topped out at 61,768 and since then it has dropped back below 61k once more. The low seen so far today has been set at 60,753. That earlier high also stopped short of rising back above the 100 day moving average (in place right now at 61,810). Bitcoin is currently trading at 60,955
 

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