Bitcoin edging back down again

The rebound in Bitcoin since last Friday has been quite impressive. As noted here earlier today, the lead cryptocurrency rose from a low point at the weekend, at 53,350, to as high as 58,266 earlier today. However, it has not so far today managed to extend on that move. In fact, it has just dipped back underneath 57k once more. The 21 day moving average (now at 60,059) has now crossed below the 50 day to the downside and technically that is not great news. Beyond that the current price action is now clearly sandwiched in between the 100 day, at 54,173 and the 50 day at 60,753, but with a clear downside bias at the same time. Bitcoin has just now traded a little higher, currently at 57,025