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Bitcoin rise stalls just short of 94k so far
The noted rebound in Bitcoin yesterday did see it later reclaim the 90k handle. It then pushed further above the 200 day moving average heading into the wider US market close. The move above 91k also extended above the 100 day moving average and that set up a further rise at the start of the Asian session today. Bitcoin reached 93,907 and it has held the upper ground since, despite stalling a few times shy of that 94k level. There is no doubt the news from Trump and the rebound in the Nasdaq 100 and the dollar is integral to the recovery in BTC. The low seen earlier today was set at 91,111. The comments made here yesterday regarding the positive chart configuration proved to be correct and it is hoped those observations served you well? BTC is right now at 93,700
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