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Bitcoin lifts from earlier session lows after holding onto 40,500

Much earlier today, an update here noted that Bitcoin needed to rise above its 21 day moving average, then at 41,565. Well, since then it did not and the drop that followed saw it fall to 40,515. However, since then it has been on the rebound again and it is back above 41k as I write. Meantime, that 21 day moving average has now shifted slightly and right now it is in place at 41,563. This still remains a potential stumbling block and so in essence little has changed from that outlined here earlier today. The only difference being that BTC has fallen back and rebounded again but yet to break any fresh ground on the topside. It is currently trading at 41,195
 

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