Bitcoin unable to hold rebound towards 95k

Yesterday a series of updates warned on the potential for Bitcoin to take out a highlighted double bottom, at 92,143 and 92,149. As reported on that breakdown later led to a fresh interim low underneath 91,400. The actual low seen was set at 91,306. The recovery in the US stock markets from their worst levels later yesterday afternoon allowed BTC to rebound and that rebound was pretty dynamic too. BTC made a pretty vertical move up close to 95k just ahead of the wider US market close. However, it was not able to sustain that move, as it fell back just as fast as Asia stepped up to the plate. That has seen BTC fall back below 92k earlier today. The low seen has been set at 91,817. The high since that low has been set at 92,887. So, as you can see, BTC has so far resisted a break below the low seen yesterday. The price action since then has been sideways ahead of the European opening and there will surely be more to add a little later this morning. Bitcoin is currently trading at $92,660