Bitcoin showing further signs of basing out as it reclaims 84k

Since the earlier update here on BTC, the lead cryptocurrency has now reclaimed the 84k handle for the first time since relinquishing it on Saturday. The high set a short while ago was at 84,290. Looking at the price action over the past week and more it does look like BTC is trying to forge out a base right now, from the low seen yesterday, at 81,288. Of course much will depend on the wider risk markets and especially on the path of the Nasdaq 100, assuming the loose correlation between the two remains in place. Despite pushing above 84k this morning, BTC has not yet made a move of any lasting consequence. It is currently trading at 84,265