Bitcoin nears low $75,000; bids seen at $71,500–$64,000, analysts say move is typical
Bitcoin extended its decline, briefly trading near the low $75,000 area before stabilizing. According to market feeds, order books show thicker buy interest clustered from about $71,500 down toward $64,000, and liquidations in the millions have amplified the slide. Joe Burnett said a roughly 45% drawdown would still align with historical norms amid wider risk-off pressure.