Bitcoin tracks lower again today

Yesterday afternoon Bitcoin fell below 31k, but it did not stay down there for long. The price rebounded back above 32k into the wider US market close. Earlier today it lifted further, rising to as high as 32,930. However, since then it has fallen back again and a short while ago it printed a session low of 31,409. There is not much to add so far today, other than to say that it is still inside a range approximately covered by 30k to 35k, with potential for a more extensive move either side of those parameters. The downside appears to still be supported by the 50 day moving average, currently at 29,366 and the topside is defined by the 21 day moving average. That is currently in place at 35,476. The price action still looks pivotal overall. Bitcoin is currently trading at 31,660