Bitcoin falls below $67,000 in an abrupt change of trend after initially hitting $70,000 for the first time in nearly two months.
Bitcoin faced major selling pressure after the July 29 Wall Street open as sellers firmly rejected a trip to $70,000.
Data from Cointelegraph Markets Pro and TradingView tracked a spate of distribution, which sent Bitcoin (BTC) price action down 4.5%.
After slowly gaining throughout both the weekend and first Asia trading session, BTC/USD lost momentum as Wall Street returned, going from local highs of $70,016 on Bitstamp to lows of $66,839.
