Bitcoin Price Slumps 5%, Bearish Momentum Returns With Force

Bitcoin price failed to stay above $68,000 and dipped sharply. BTC is now consolidating losses and might struggle to recover above $66,000.Bitcoin started a fresh decline and traded below the $66,500 support.
The price is trading below $66,500 and the 100 hourly simple moving average.
There was a break below a bullish trend line with support at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might dip again if it trades below the $64,500 and $64,200 levels.Bitco