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Bitcoin pares earlier gains and slips below 63k
As the European equity markets and US futures prices continue to pare gains, this appears to have cramped Bitcoin a bit now too. The lead cryptocurrency has now dropped back to below 63k. The lead coin is now on European session lows, as it drops towards 62,750. The reader is again reminded of the breakout point a bit lower down, at 62,408. Now that price level might provide some support on the way back down. That is of course not guaranteed by any means, but it could prove to be a little sticky, if this move lower extends to put it to the test. We shall see in due course. BTC is just now trading at 62,800
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