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Bitcoin tracks the Dow Jones again and has a look at 60k

The correlated price action that seems to be in place most recently between the Dow Jones and Bitcoin seems to be in evidence again today. So, as the Dow Jones rose yesterday and the Dow futures are higher since, it has helped the lead coin to make a move above the noted 100 day moving average. That was guarding the topside yesterday and it is in place today at 59,800. So, as you can see it is rising quite markedly each day at the moment, but it has not capped the topside today. The high seen earlier was set at 60,001. That said, there is surely some resistance at that landmark level which has capped the topside for the time being. The low since that intraday high has been set a short while ago at 59,495. BTC is currently trading at 59,570
 

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