Bitcoin(CRYPTO: BTC) prices fell sharply during the Asian trading session today, dipping below $67,000 and raising concerns about a potential reversal in the recent bullish trend.

What Happened: Data from TradingView recorded a 4% dip, bringing Bitcoin's price to lows of $66,732 onBitstampfollowing the daily close.

The inability to maintain support at the critical $69,000 level has left Bitcoin bulls struggling against thin exchange order book liquidity.

Keith Alan, co-founder of Material Indicators, highlighted the issue, stating, "Sure we have some laddered bid support in here, but not a heavy, heavy concentration of it — and really, it's not...