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Oct 06 - 11:55 AM
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Bitcoin - Supported As French Fiscal Fears Ebb And Global Bond Yields Move Lower
By Paul Spirgel — Oct 06 - 09:45 AM
• a touch higher in early NorAm, +0.55% at 86.3k; Tuesday range 86.4k-85.1k
• Global yields moving lower as French fiscal woes ebb, aids BTC recovery
• Risk broadly better in NorAm, global equities, gold pushing higher
• Bitcoin keeps getting rejected at $87,000 as stocks hover near records
• BTC res 86.4k Tues high, 87.3k daily high Sept 23, 88.8k rising upper 30-d Bolli
• Supt 85.1k Tuesday low, 84.7k the 10-DMA, 82.5k daily low
Sept 28
BTC Chart:
(Paul Spirgel is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters