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Yesterday the noted and repeated failure of Bitcoin to make a decisive move above its 50 day moving average was covered in a final update here. Well, subsequent to that update BTC fell back to 95,335. However, since then it has rebounded again and earlier today it managed to rise above all the tops set yesterday and lift to 97,675. Meantime, that 50 day moving average is not falling anymore. It is now rising again and in place this morning at 97,402. Well, right now BTC is trading back underneath that and if you are none the wiser right now then you are not alone. Bitcoin is currently trading at 97,015
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