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Bitcoin takes a hit this morning
On Friday Bitcoin rose as high as 64,661, almost matching identically the high seen on Tuesday/Wednesday, at 64,670. That in effect set in place a potential double top on the charts, but that will only be confirmed if the price falls below 61,500 and it has not done that yet today.
That said, BTC has taken a hit this morning, which is understandable given all that surrounds it this morning. That came after what was largely sideways and contained price action over the weekend. The low seen so far today has been set at 62,478.
Hence, the immediate lines of demarcation today would appear to rest with 61,500 on the downside and 64,670 on the topside. BTC is right now at 62,750
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