Bitcoin sets a new session high at 37,169

A little earlier today Bitcoin managed to make it back above 37k, which is something it was not able to do during the Asian session. The lead coin rose to 37,169 a short while ago, but it is backing away from that high just now. That drop back has seen it trade to 36,835, but it may not be finished with the topside just yet. Technically nothing has changed in terms of the overall trend and that remains northbound. Only a drop below 35,500 from here is likely to alter that. Conversely, a rise above 37,973 could open a path closer to the 40k handle. Bitcoin is just now trading at 37,045