Bitcoin struggles again in a bad sign for risk trades.
It's back through $100,000 in a quick move down from $102,500 in the last hour or so. The level to watch now is the Asian low of $98,677. There was a strong bounce from there earlier but a break will see sheep drop to $96,000.
Bitcoin 10 minutes
In the bigger picture, this is not a good sign for risk assets (at least).