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Bitcoin on the rebound above 70k in Asia today

Yesterday the noted slide in Bitcoin came rapidly, just after it had spiked higher and risen sharply above 71,700 (71,732 the high). That slide later extended down to a low at 68,384 ahead of the wider US market close. However, it has been on the rebound during the Asian session today and a short while ago it reclaimed the 70k level once more. The high seen was set at 70,073. That was just a few bucks above a technical level at 70,058 (50% of the 71,732-68,384 fall). If that does get more decisively taken out, the next level is in place at 70,453. Bitcoin is currently trading at 70,045

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