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Bitcoin at odds with weaker dollar dynamic as it reclaims 70k right now

The price action in Bitcoin has just seen the lead cryptocurrency spike higher through 69k. The move towards 70k was pretty vertical and you can see that if you glance over at a chart of the price action. The fact that BTC has lifted with the dollar falling back does not make much sense if you subscribe to the view that the prospect of a Harris win has pushed the dollar a little lower this afternoon. However, it might be wise not to try and make such a connection, because this move might not last, or perhaps the dollar might rebound. Either way it seems someone thinks they know what is going to unfold. Once again folks, caveats galore for this afternoon. BTC just hit a session high at 70,270 and the move certainly accelerated once it took out the 21 day moving average a little lower down, in place right now at 68,631. BTC is currently trading at 70,215
 

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