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Close but not quite yet for Bitcoin

Yesterday Bitcoin kept slipping back underneath 37k. However, the sharp falls were reversed immediately each time. The rebounds from those falls pushed it to fresh session highs too, but in the event it was still capped by the noted double top on the daily charts, at 37,972 and 37,973. The high seen yesterday evening just ahead of the wider US market close was set at 37,768. It has backed off slightly from that high so far today, but not significantly so yet. The low seen so far this morning has been set at 37,342. The high so far has been set at 37,666, so as you can see the range has been tight ahead of the European market opening. The question as to whether that double top remains a target or a key resistance level that will hold remains open though.Outside of that major support remains at 35,924 and major resistance above 38k is at 42,238. BTC is just now trading at 37,400

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