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Bitcoin takes another hit below technical support level this morning

Earlier this morning Bitcoin was attempting to reclaim the 70k handle again. The high seen was set at 69,935 after it had fallen back to a low at 68,096 late yesterday afternoon, after busting below its 21 day moving average for the first time since March 25. Well, that further attempt to reclaim levels back above 70k today just got dealt another blow. That is because a short while ago BTC got whacked lower again in a sudden move that saw it tumble to a low at 66,044, It is trying to edge off that low right now, but this deeper slide below its 21 day moving average again has opened up further downside. That 21 day moving average is in place this morning at 68,220. Bitcoin is just now trading at 66,760 

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