Bitcoin Price Falls Below $70,000 and Breaks Bullish Structure—Here's Why $69,000 Is the Key Level to Watch

Story Highlights* Bitcoin price plunged below the critical $70,000 mark as sellers tightened their grip, triggering fresh weakness across the crypto market.

• BTC has broken a major bullish structure, raising the risk of an extended correction with $69,000 emerging as the next key support.
• A failure to hold the support zone around $65,000 could trigger a deeper correction below $60,000