Bitcoin mostly sideways so far today
Yesterday, the rebound in Bitcoin eventually took it close to 58k once again. In the event it could not quite get there and peaked out on the session at 57,949. The subsequent drop back has not extended much and the low set a short while ago today was down to 56,442. The lead cryptocurrency has in fact rebounded again right now as it lifts back above 57,250. The move higher is not conclusive yet by any means and it will need to reclaim at least 58k before it might become so. Even so the previous interim high at 58,975 is still guarding the topside beyond that. The outlook is hard to fathom right now for that very reason. Also much will depend on the immediate path of Ether too unless Bitcoin can swap places with that once again and regain the driving force between the two leading coins. Bitcoin is currently trading at 57,170
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