Bitcoin (BTC/USD) extended its recent trading activity with very wide and volatile trading ranges as traders continued to react to substantial and renewed selling pressure below the psychologically-important 40000 figure.  Following the pair’s recent new lifetime high around the 41986.37 area, selling pressure thereafter intensified around the 41452.12 and 40164.67 areas.  This pullback pressure initially weakened BTC/USD to the 34444 area, its lowest print since the…

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