Bitcoin stumbles further, now down 6% on the day ...Middle East

The optimism is starting to wane for Bitcoin as it looks poised to solidify a drop back below the $70,000 mark. Price is now trading back to $66,000 levels and that marks a 6% decline for the day thus far. Looking at the near-term chart, the technicals signs are growing more negative as well:The run lower since yesterday took out both the 100-hour (red line) and 200-hour (blue line) moving averages, reaffirming a more bearish near-term bias currently.Considering the breathtaking pace from which the cryptocurrency has rallied from around $44,000 to $73,000 in just one month, the correction lower here might be quite a painful one to deal with.Then again, Bitcoin did also suffer a 6.6% drop in

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