Bitcoin toying with 50 day moving average again this morning

An update here yesterday noted how Bitcoin might extend, if it could get above the earlier Asian high, at 96,412, Well, it did try that level again but stalled pretty much on it and then fell back. That was seemingly its undoing and as suspected, a later fall below 94k did extend on the downside. Bitcoin fell to set a low at 92,406.as it seemed to trip stops below the 50 day moving average (then at 93,397) A rebound from there into the wider US market close, above 94k was then extended earlier this morning. BTC reached 95,410, before another downside wave sent it back to 93,453. That 50 day moving average is higher again this morning, currently at 93,913. Looking at the daily chart we see a series of lower highs still seemingly playing out since December 21. So, only a rise above 96,424 will snap that run today. A break below 92,406 today could open the downside a bit more once again. BTC is currently back underneath that 50 day moving average again right now at 93,850