50k comes back into view for BTC this morning

Since an earlier update here on Bitcoin the price has not managed to make any further upside progress. In fact, it has been on the drift lower all morning so far. The recent price action has seen it come close to investigating levels underneath 50k once more. That important price point has still capped the downside this morning though, with 50,100 being the low set in Asia earlier today. However, the immediate price is falling back closer to this level right now and it is far from certain that another drop below 50k will be avoided from now on. Bitcoin is currently trading at 50,200