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Bitcoin yet to take full advantage of that which surrounds it

Early yesterday, during the Asian session Bitcoin rose to a high at 64,723, as covered in an update later yesterday morning. The subsequent price action saw it fall back to a low earlier today, at 62,374, once again during the Asian session. Well, since then it has been on the rebound again and not that long ago it reached a European session high at 63,944. That high was once again just above the 200 day moving average, in place now at 63,829. Quite what BTC is waiting for to push back above 65k from here is not clear, but certainly the US stock markets at new records should arguably be more supportive? Well, we shall see on that as the afternoon unfolds. Meantime BTC is currently trading at 63,655

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