Bitcoin makes it above 62k today

Bitcoin has lifted above 62k today. The lead cryptocurrency has reached a high earlier at 62,590. The move higher came after some rather uncertain price action last night and that is hardly surprising given what was going on around it. The gains today have seen it now vault the 100 day moving average (in place right now at 61,209) and taken it another step closer to potentially retesting the 200 day moving average. That is in place today at 63,908. So, as you can see it has bot gotten close to that level yet. Meantime, both the 50 and 100 day moving averages are slowing their descent, as a result of the gains right now and over the past couple of days. Bitcoin is currently trading at 61,995