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The Bitcoin price has gone through an intense bout of volatility over the past few days, with a violent sell-off that has dragged its price into the $70,000 range. The move wiped out short-term bullish positioning and forced the price below several intraday support levels. Although there are risks of further downside, Bitcoin is now looking to stabilize and push to reclaim important reference levels. A technical outlook suggests that a path back to the $81,000 region could open up faster than expected…
