Bitcoin still unable to reclaim 60k

The weekend surge and further rise today, to new records above $4000 in Ether has not been able to drag Bitcoin higher with it. Of course it has kept the price elevated but in relative terms it has not delivered the move that some players might have expected. This is all due to the continuation of the move favouring Ether at the expense of all else that surrounds it. Over the past 24 hours Bitcoin has lifted from low around 56,350, to as high as 59,560 but it is backing away right now. It is clearly at some degree of risk if there is a sizeable correction now in Ether. Having said that such a move lower in Bitcoin is not assured as it might attract some rotational pullback even if Ether does turn lower. Overall though the failure to rise above 60k in recent trade is perhaps an indication that it is only up at the current levels due to its second in command. Bitcoin is currently trading at 58,790