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Bitcoin on the rebound so far today
On New Years Eve Bitcoin extended the move higher to above 96k. The high seen was set at $96,142. That high stalled just short of the noted 50 day moving average, in place then at 96,437. This had capped the topside for the past few trading days and as you can see it did it again that evening. The failure to get above that level helped to send BTC back down again yesterday and it fell to a low at 92,779. That 50 day moving average is still rising and in place right now at 96,668. Since hitting that low point yesterday, BTC has been on the rebound and a little earlier today it reached 95,820. The low seen earlier today was set at 94,184. Bitcoin is currently trading at 95,415
Market News
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A note about Quick News updates this afternoon as the DAX rejects first attempt at 22k
Earlier an update here noted the surge in the DAX and the prospect, or possibility that it might test the 22k handle. Well, in the event it stalled... -
Is Tump playing the fool or just playing the markets? Dow Jones futures eyeing yet more gains
Before we get to the crux of this update let it be stated; that no one is being accused of anything and this is just a conscientious observers take on... -
US PMI data could be telling this afternoon- S+P 500 close to session highs
So, we have had a whole host of PMI data from Europe this morning and later this afternoon, at 1.45pm GMT we will get the equivalent data from the US...
