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• Bitcoin tumbles to $77,066 in Asia Monday, tipping lower
• Falls out of Bollinger uptrend channel, below Fibo $78,774
• Bullish indicators nullified, long capitulation to ensue
• Nearest chart support is 21 DMA, substantially lower at $71,894
• USD recovery inspired by Fed's Warsh weighs on crypto
• Warsh signals rate tightening to address inflation
BTC

(Ewen Chew is a Reuters market analyst. The views expressed are his own.)