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Bitcoin lifts from earlier Asian lows

Yesterday the price action in Bitcoin was almost as lacklustre as the main markets that surround it. The price action was mostly sideways until it began to slip into the 4pm London FX fix. So, BTC edged lower and dipped back underneath 52k once more. Earlier in the day it had failed to make any advance beyond 52,500. Earlier today that modest downside price action extended a bit more and BTC fell to a session low at 51,327. However, it has rebound from that low now, but yet to reclaim any levels above 52k, or 52.5k. The high seen so far on this rebound has just been set at 51,980. Beyond that, the wider 48,552 and 56,364 parameters remain unchanged. Bitcoin is currently trading at 51,901

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