US stock gains help BTC clear away from 60k?

On Friday the jump in US stocks, which came after the release of the monthly jobs report, helped to push Bitcoin higher, where perhaps a higher dollar and yields might have precluded such a move. So, it seems BTC got the stock support dynamic more than it it the cost of carry dent that might have come at its expense. The question is will that dynamic remain in place as this week unfolds? Well, it sure seems that say so far today because BTC has lifted back above its 200 day moving average today (in place right now at 63,483). The high seen earlier this morning was set at 63,962 and since busting back above that moving average, BTC has flipped either side of it a couple of times this morning, but as this update is typed it is above the level again. So, it seems stocks and the risk dynamic are favourable right now, but the outlook is still uncertain, because we know just how quickly the whole risk dynamic can turn on the next headline. BTC is currently trading at 63,595