BTC seems to finds a base for the time being below 95k

Earlier this morning the lack of traction helped to push Bitcoin below the 95k handle for the first time since early in the Asian session on Friday. BTC fell to a session low at 94,956. However, the price action over the past hour has seen it try to build a base around 95k. Of course it is not bound to hold the recent lows, but it you look at a chart of it right now, you will see that is what it is attempting to do. What is also seemingly apparent is the most recent price action has been holding above its 21 day moving average (in place right now at 93,917). Indeed, looking back you can see that BTC has not been back underneath that since last busting above it on November 6. So, if there is a further relapse today, that price point could come on the radar more than it has recently. Meanwhile, we shall have to see if this mini-rebound garners more traction from here. BTC is currently trading at 95,275