#BitcoinDropsBelow$70K The break of the 70,000 dollar level was not read as a price move alone, and the market priced this break as a sign of a period in which fear regained power.
On 13 November, Bitcoin fell below the 70,000 dollar level, this move was seen for the first time since 19 August, it fell to the 67,628 dollar level with a fall of up to 5.4 percent in the day, and on 14 November the fall went on to the 66,456 dollar level.
The weekly picture also shows the size of the pressure, because Bitcoin shows a loss of up to 11 percent in the week, the fear and greed gauge fell to the 20