Bitcoin is up over 22% since the low last week.

When bitcoin is a safe haven are we in trouble?

Highlights

• Bitcoin price is currently trading just short of the $24,000 level.
• The low price is way down at $21,900 today.
• On Friday, the low price reached $19,569.53.
• Since then, the price is up around 22.5%.
• The price was still below the 100 day moving average at the close on Friday, but on a Saturday the price moved and closed above the 100-day moving average.
• Overall there is a swing area between $24k and $25k in the swing area.

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