Bitcoin under pressure again so far today

Yesterday, it was noted here that the upside momentum for Bitcoin was running out of steam and that helped to push the price back towards 62k. Well, today that lack of traction has extended the downside again so far. The price has fallen back towards 61k now this morning and looks like there could be more short term downside to come. The move lower is also being driven by a corresponding fall from grace in Ether, but more on that in a minute Meantime, the whole pricing dynamic for Bitcoin is still positive overall, but as mentioned earlier in the week; it may not remain that way if 58k were to crack on the downside. That remains to be seen of course. Meantime, Bitcoin is currently trading at 61,290