Bitcoin back under 60k again today

Yesterday Bitcoin did manage to fall to a fresh session low in European trading. The price dipped below the earlier Asian low at 58,603, but only to as low as 58,441. It then rebounded more than $2000 in rapid fashion, as it charged back above 60,500. However, and despite that rapid move it was not able to hold the rise or break any fresh ground. It later fell back and it has done that again today too, dropping back below 60k once more. The low seen so far has been set at 59,450. It is a little above that low now, but in order to break out of the current sideways price action it will need to make a sustained move back above 60,500 from here on. Bitcoin is currently trading at 59,760