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Bitcoin reclaims 63k this afternoon but can it extend?
The US stock markets will shortly reopen and it is surely going to be a record opening for the S+P 500 and the Dow Jones, but as to how much further they might extend remains to be seen. Whatever happens new all time highs beckon for both indexes and they do seem to have weathered the better US data released earlier. So, this has been the perfect backdrop for Bitcoin to make headway and a little earlier on the lead coin lifted above 63k for the first time in quite a while. The high seen so far has been set at 63,275. As noted here earlier the next important level is higher up and that is the 200 day moving average. This is in place at 63,910 now. Bitcoin is currently trading at 63,080
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