Bitcoin rebounds back above 55k as Tesla news appears to have positive impact

As noted here yesterday, the rebound in Bitcoin from the 53k level did totally nail an important trend line support. The subsequent recovery from that level later led the price back above 55k, to as high as 55,850 ahead of the wider US market close. It was noted here yesterday; that a rebound back above 55k was likely to be needed if it was to avert the prospect of that significant trend line support not being breached. Well, today it earlier did fall back once again, but this time the low in the Asian session as higher than yesterday. Bitcoin based out at 53,535 earlier today. Now it is back above 55k once again in a quite dynamic move higher that is unfolding right now as this update is being generated. This jump may have something to do with the news that has just been released a few moments ago. Apparently according the Tesla website, it is now possible to purchase one of their overpriced cars with one of these overpriced coins. Bitcoin is just now trading at 55,255