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Bitcoin not quite making its mind up yet

Yesterday evening Bitcoin hit session lows, when it dropped below 65k once more and reached a low at 64,670. It has rebounded back above 65k again today though. At the same time the lead coin seems to be struggling to forge out a definite direction at the moment. It has also remained camped below its 50 and 100 day moving averages since the last update here. Those are in place this morning at 66,389 and 66,409 respectively, so as you can see they are converging each day and now very close to each other. For your guide the 50 day looks like it will very shortly rise above the 100 day  and that could be a positive for BTC. The range seen so far today has been covered by 64,783 to 65,370. It is currently trading at 65,265

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