Risk on helps Bitcoin above 44k

The continuation of the risk positive sentiment driving the global equity markets so far today has helped both Bitcoin and Ether to make some further progress. Ether has now lifted above $3,100 and in the process it has risen above the noted 50 day moving average that might have capped the topside, but has not in the event done so. At the same time, Bitcoin has also made a move, to back above 44k today. Bitcoin has just now lifted to a session high of 44,290. Should this move extend further, then the next upside resistance level is the high seen last week, at 45,838. Beyond that, the previously noted Fibonacci retracement level at 46,730 might come back into focus once more. Bitcoin is just now trading at 44,215