Bitcoin extends weekend rebound
The rebound in Bitcoin that commenced yesterday, back above 33k has been extended upon further during the Asian session today. That has seen the price rise back above 34k again, reaching 34,975 earlier on. It has backed away from that high, but not yet by any substantial degree. Perhaps the failure to get back above that 35k level might have led to that sight relapse, as once again that level seems to attract some interest. For the time being it appears to fresh selling, which is hardly a surprise given the rise of nearly $5000 since the weekend low on Saturday at 30,172. So, in very approximate terms that might suggest 30-35k is the range again. Naturally, pinning that down exactly is not easy right now. However, the Binance news that was reported on here yesterday evening does appear to have been brushed aside. Bitcoin is just now trading at 34,640
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