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Bitcoin takes out 65k now
The further downside for BTC today has now seen the lead coin drop below 65k and close to 64,500. The further losses for Bitcoin today endorse all that was said about it here earlier on. The reasons for the further downside remain as they were at the time of the previous update, with the exception that the dollar has dropped back a bit further ahead of the latest US JOLTS numbers due out shortly. However, that data has the power to turn the dollar back up once more, if it is above the consensus. Meantime, BTC is pretty friendless right now, currently trading at 64,945
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