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As covered in updates here yesterday, Bitcoin was unable to build on a rise to above 71,500 and subsequently dropped back with Gold, to a low at 69,317. The lead coin has rebounded from there since, but so far today it has not yet broken any fresh ground, relative to the range seen yesterday. The price action so far has been pretty much sideways inside a range covered thus far by 69,668 to 70,723. It will be interesting today, to see if BTC loosely tracks that gold price, like it appeared to do yesterday. It is worth noting at this stage, that Gold is trading in a similar sideways fashion since dropping back from $2,200 yesterday. Bitcoin is right now trading at 70,235
As noted a couple of times this week, there will be no Quick News updates next week. That is due to absence. However, there are some important events...
As the US stock markets reopen, gold has lurched higher. Earlier it was probing levels above $2,390 and then it took out the previous high just above...
On Wednesday when the EUR/USD lifted above a noted down trend line support, the move extended to a high at 1.0869. That was all driven by the latest...
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