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Bitcoin takes a hit back below technical support just now
Yesterday the noted rebound in Bitcoin saw it later rise back above 63k. The lead coin rose to a high at 63,431 after the European close. However, it has fallen back so far today and just now it took a hit lower, falling from above 62,500 to below 61,750 as this update is written. There is no immediate news to attach to the move and the fall might be due to some stops being tripped below the still rising 100 day moving average (in place right now at 62,020). The low set just now was at 61,597 Bitcoin is currently trading at 61,610
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