#BitcoinDropsBelow$70K Not a single decent bounce since this morning.
As of 19:20, BTC is around 67,250, down 3.1% over 24 hours. It has moved between 66,427 and 70,188 today, and is down 11.2% over seven days (CoinGlass). ETH is hovering around 1,910, with an intraday low of 1,881, down 14% in five days (Barchart).
The real pressure is still that line: the 200-week moving average is around 67.8k, and price is now trading just below it. If it fails to reclaim it by this week's close, the situation changes. The weekly close is at 8 a.m. Beijing time on Monday—that's the first real test of thi