Yesterday, Bitcoin did get a further boost from the headlines surrounding Visa and its potential adoption of Cryptocurrencies to settle payments. That helped Bitcoin to rise to as high as 58,393. However, it did not seriously threaten to take out 60k yesterday and that has been the case so far today. Since falling back close to 57k earlier in the Asian session, the price action so far has been held inside 57k to 58k. The lead coin is trying to rise again right now, but overall, and since the peak yesterday the action is sideways for the time being. Notwithstanding that, the overall longer term chart dynamic is still positive and the longer term moving average are still very much northbound. Hence the outlook remains positive overall with a prospect of a retest of the 60k level not yet diminished. Bitcoin is currently trading at 57,615