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Bitcoin mostly holding 68,500 to 69,500 range so far today

Yesterday the noted drop back in Bitcoin did later see the lead cryptocurrency briefly fall below its 21 day moving average (then at 68,350). The low seen was set at 68,229. However, despite breaching this level the move was immediately reversed and BTC lifted back above 69k ahead of the wider US markets close. The price action this morning has been contained inside a range covered so far by approximately 68,500 to 69,500. The exact range is 68,487 to 69,564. That 21 day moving average is in place this morning at 68,360. The directional outlook seems a little uncertain today given the price action seen yesterday and the rejection of a new record high. Bitcoin is currently trading at 69,235

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