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Bitcoin holds 91k in Asian trading and lifts above 94k again

The price action in Bitcoin since the last update here has been choppy. A fall below 92k yesterday afternoon then gave way to a recovery above 94k, topping out around 94,675 right on the 4pm London FX fix. However, the next wave lower saw it slide to a new 2025 low, at 91,207 ahead of the Asian opening today. Well, since then it has been on the rebound again and just now it pushed above 94k once more. Recent updates here have been focusing on the risks of a break below 91k. As you can now see, that level has held so far today and for now rejected a break below it. That if nothing else that underscores why it has been highlighted here many time over the past few days. The high seen so far this morning has been set at 94,244. It is right now at 94,180
 

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