Bitcoin falls back to the previous interim range

Last night Bitcoin could not sustain the rebound back above 47k and later fell back closer to 46k once again. In fact, since then it has largely remained inside the same range it hugged for most of yesterday morning too. That is covered by 46,000 to 46,500. The failure to climb back even close to 50k again yesterday is still a concern and with the weekend looming it remains to be seen if the recent run of weekend gains will be replicated on this occasion. That has to be in doubt given the price action this week. The fall back in BTC is also being delivered by a corresponding failure of Ether to hold above 3,500 so far today. Bitcoin is just now trading at 46,090