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Lack of momentum sees BTC fall below 72k
Since my last update here on the progress of Bitcoin here today it has fallen back and now dropped to below 72k. The earlier high was set at 73,797 and of course that was a new record for BTC. As mentioned in that earlier update, I did question whether it was losing momentum above 73k today and so far since then that appears to have been the case. The low seen a little earlier was set at 71,466. It is above that low now, but it remains to be seen if this latest dip in the price is yet sufficiently low enough to temp buyers back into the fray. I have my doubts on that to be honest, but at the same time, we do know just how quickly this can charge higher again and on relatively low volume too. Bitcoin is currently trading at 71,760
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