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Bitcoin slips below 60k this time
Further to an earlier update this afternoon, noting the potential for Bitcoin to extend another fall below 62k, the lead coin has done exactly that. The break below 62k and then underneath 61,615 seemed to trip a bunch of stops and that has now delivered a move to just below 60k a short while ago. The low seen so far has been set at 59,888. It has rebounded sharply off that low, but the price action remains extremely fluid and very unpredictable right now. It seems that stops might have been tripped below 60k, but at the same time it looks like buyers came back to the market at the same time. Bitcoin is currently trading at 60,460
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