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Bitcoin on the rise above 66k this morning

As you are probably all aware by now, Bitcoin has now undergone its eagerly anticipated Halving event and that sees the number of coins available to be mined reduced by another 50%. This event was behind so much of the move to the record highs seen this year. There was an element of Buy the rumour, Sell the fact in the price action more recently though. That had seen the lead coin dip below 60k a couple of times last week, but it has steadied over the weekend and has not lifted back above 65k and then above 66k just now this morning. The high seen so far has been set at 66,380, which is just above its current 21 day moving average (right now at 66,150). However, it is still trading below its 50 day moving average. That is in place this morning at 67,385 and looks like being the next potential resistance level this morning. The low seen earlier today was set at 64,535. It is just now trading at 66,380

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