Bitcoin reclaims 18k again

At the risk of this headline being rather repetitive, it has to be noted again just how pivotal 18,000 remains for Bitcoin. This point was made here earlier and the current return above that level this afternoon merely confirms and endorses what we know already. The earlier low was set at 17,589 and the high prior to that was at 18,398. Consequently 17, 500 to 18.500 is the current range and that is why 18k is the pivot. As to where the lead cryptocurrency trades over the coming weekend is an entirely different matter. Given the time of the year and the overall state of interest, it would be foolish to predict where it is going to trade by the time of the Asian opening on Sunday evening. Right now the lines of demarcation appear set, but with one caveat. That is the 4pm London FX fix. This is not far off now and often it can throw up a move for Bitcoin too. In advance of that it is currently trading at 18,055