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Bitcoin has a look below 67k and rebounds

An update here yesterday afternoon noted the current chart dynamic playing out in Bitcoin. That was and still is characterised by a bearish series of lower highs and lower lows over the past week. So, given that, it was perhaps no surprise to see it fall to a new interim low over the period last night. Just ahead of the Asian market opening BTC fell below 67k for the first time since peaking at 73,563 on October 29. The low seen was set at 66,814. However, it has rebounded since and lifted back to a high seen so far at 68,739. That said, unless back above 69,550 that serious of lower highs remains intact. At the same time, given what is at stake for BTC, the outlook over the next 24-48 hours remains highly uncertain. Bitcoin is currently trading at 68,560 

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