First Mover Asia: Bitcoin Rises Amid Light Weekend Trading

Good morning, Here's what's happening: – Market Moves: Bitcoin rose over the past 24 hours, and the leading cryptocurrency by market capitalization experienced low volatility. – Technician's Take: Bitcoin is holding support at 60K, and slowing momentum suggests a period of consolidation. – Watch Bitcoin (BTC) continues to trade in a tight range, although buyers appear to be holding support above $60,000. Short-term indicators are neutral, although pullbacks could be limited given a series of price breakouts over the past month. If buyers fail to hold $60,000, lower support around the 50-day moving average, currently near $55,000, could stabilize a…