Bitcoin under pressure today as it eyes 26k

The failure of Bitcoin to reclaim the 27k handle on Friday after dropping to as low as 26,379 on Thursday did not bode too well for weekend trading. The lead coin did briefly spike higher last night, but that move stalled at 26,730 and it was already slipping as the Asian markets reopened today. The news flow for BTC has not been positive either, with calls mounting for another deeper sell-off and further liquidations anticipated, after some damning press coverage over the weekend. So, Bitcoin has fallen very close to 26k today, reaching 26,019 earlier. A rebound back to above 26,300 is running out of steam now too. The high seen much earlier today was set at 26,529. It is just now trading at 26,100