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Bitcoin rebounds from fresh interim low underneath 64k

An earlier update here noted the potential for Bitcoin to slide further, if it took out the weekend low at 64,538. Well, not long after that update, the lead coin did fall through that interim low and seemed to trip stops too, as it slid to a new interim low just above 63,500. However, it has rebounded from that low now, but as things stand right now, it is not certain as to whether or not another downside wave is still on the cards. Perhaps a more concerted recovery above 64,538 would deem that less likely, but it is not there yet. Bitcoin is currently trading at 64,470

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