Bitcoin lower this morning

Yesterday as Bitcoin edged back close to the 50k level and update here noted the potential for it to drop below that level and that is exactly what it did. The fall below the earlier Asian low at 50,100 clearly tripped some stops and short selling as the lead cryptocurrency then fell back further, dropping to as low as 48,865. However, it was not finished there and another rebound duly kicked in, sending the price back to above 51k. Once again, that sharp move higher came right ahead of the 4pm London FX fix. The importance for you, the reader to keep an eye on the price action of BTC around this time has been noted many times over and it is repeated again. Today BTC has fallen back, dropping from an earlier session high at 50,852, to as low as 49,252 a short while ago. It is currently trading at 49,525