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Bitcoin reverses earlier slide below 95k

Just now Bitcoin spiked higher. The lead coins charged above 96k and then beyond 97k. Prior to that it had fallen back just as fast, hitting a new session low at 94,588. Well, if you look at a chart of the price action this morning, you can see it has reversed that prior fall and more. The high seen so far has been set at 97,303. Of course it has those two prior tops above 99k to contend with still and it remains to be seen, if this current charge higher has enough momentum to take those on. We shall see as the session further unfolds. BTC is just now backing off a bit, currently trading at 97,040

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