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Bitcoin takes a hit

Bitcoin was just tracking lower this afternoon after making a move higher, but then stalling earlier at 65,767. The relapse from that earlier session high as just now delivered a fresh session low. The move through 65k was pretty sharp too. BTC just now fell to 64,309.

We do not have a reason to explain the fall, other than to suggest it looks like another false topside break that has caught operators on the hop. That said, in the slightly broader scheme of things it has not broken any fresh ground yet on the downside.  BTC is currently trading 64,335

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