Bitcoin runs back lower after briefly trading above $60K – ForexLive – ForexLive

Trades back toward 200/100 hour MA

The price of Bitcoin made it just above the $60K level to $60,080, but has since rotated back lower and trades at $57846, up just $83 on the day.  

Trades back toward 200/100 hour MA

THe price is also looking to retest the 200 hour MA at $57417.34 and the 100 hour MA at $57053.  A move below would be a shift in the bias as the price of the digital currency chops up and down. 

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