* Bitcoin cautiously higher Thurs after bounce off 23.6% Fibo

* Primary support at $58,115 critical for near-term direction

* Failure to close above exposes Bollinger downtrend channel

* If it ends below $57,053 bearish bias will take over

* SEC says 'no' to leveraged bitcoin fund - WSJ 

* The first SEC-approved ETF earlier triggered BTC record high

* For more click on FXBUZ

 

(Ewen Chew is a Reuters market analyst. The views expressed are his own.) ((Ewen.chew@thomsonreuters.com))