Bitcoin lifts off the lows but is there more downside to come?

Bitcoin has fallen further since the last update here noted it slipping back underneath the 97k handle. That update also endorsed what was said earlier in the day and highlighted that further falls might be coming. Well, BTC has fallen further and it hit a low during the Asian session today, at 92,623. However, it has lifted off that low now, but it remains to be seen, if this relapse has delivered enough of a clear-out to prompt another rebound. We could see in recent days how momentum was stalling and that is what led to the lows seen earlier. The question now; will buyers still have the appetite down here for another push higher, or is the dye already cast? Its an open question folks, but personally speaking, the levels seen right now do not seem like they have delivered enough of a clear-out just yet. We shall see on that as the day unfolds. Bitcoin is currently trading at 94,775