The wild ride continues today
At the lows today, Bitcoin fell by nearly 8% in a drop to $47,465 but has clawed its way back up to just above $50,000 again now and is down a little under 3% on the day.
It is a pivotal session for Bitcoin ahead of the weekend, at least from a technical perspective, as it looks to hold above its 100-day moving average (red line) @ $49,493.
From earlier:
