Bitcoin analysis: $70K flagged as key level; $63K seen as next support
Bitcoin slid beneath key supports, with the $74K yearly low and the $70K psychological band now in focus as sellers press their advantage. The analysis outlines a potential $70K–$80K consolidation if demand absorbs supply, but a breakdown of $70K could open room toward $63K, while any relief bounce may target $75K and $80K.