Bitcoin makes a move back above 44k

Bitcoin has just made a move higher this morning. Earlier on the lead cryptocurrency had been flirting with the 44k level, but without any decisive move back above it. Well, that is not the case any more. Perhaps it is the drop back in US yields and increased level of risk aversion that has helped the lead coin to make a move higher this morning. If that is the case, then it would be consistent with drivers pointed out here most recently. The next level of note on the topside is of course now the 45k level and remains to be seen if Bitcoin can make progress above that level as trading unfolds. The last time BTC tried to rise above that 45k level was on September 24 and it certainly stalled that attempt at the second time of asking. However, the immediate chart dynamic does look supportive right now. Bitcoin is currently trading at 44,670