Bitcoin trying to hold its ground but doubts remain

Late yesterday evening the final update here noted the slide from above 88k in BTC. Well, that extended further at the start of the Asian session today. BTC fell to 82,166 earlier, as the Asian equity markets and US futures tanked. Of course, most especially that concerned the Nasdaq 100 futures. However, given the slide in that index, BTC has actually fared quite well. Indeed, it has managed to push off the earlier low just now. The rebound high has not yet recovered the 84k handle though. Much will depend on how the broader markets behave this morning, as to whether it can and perhaps rebound further from here. The outlook is not exactly positive though and now BTC is back underneath its 200 day moving average again (now at 86,385), serious doubts remain here. Bitcoin is currently trading at 83,400