{"id":249803,"date":"2026-11-10T14:35:22","date_gmt":"2026-11-10T14:35:22","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=249803"},"modified":"2026-11-10T14:35:22","modified_gmt":"2026-11-10T14:35:22","slug":"bitcoin-price-analysis-will-btc-crash-below-70k-next-as-selling-pressure-intensifies","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=249803","title":{"rendered":"Bitcoin Price Analysis: Will BTC Crash Below $70K Next as Selling Pressure Intensifies?"},"content":{"rendered":"

Bitcoin has slipped beneath the $74K support area, leaving buyers struggling to regain control near $74.5K. The latest breakdown increases the risk of a deeper correction, while the liquidation heatmap highlights nearby concentrations on both sides of the market.<\/p>\n

Bitcoin Price Analysis: The Daily Chart<\/h2>\n

The daily chart shows Bitcoin trading below the lower boundary of the $75K\u2013$78K demand zone following repeated tests. The earlier recovery toward $81K was rejected near the ascending channel\u2019s midpoint, and subsequent rebounds have failed to reverse the sequence of lower highs and lower lows.<\/p>\n

Although recent candles show buying interest beneath $74K, the response has been insufficient to reclaim the broken demand zone sustainably. The current daily candle remains open, so confirmation depends on whether Bitcoin closes below $75K or recovers that level before the session ends.<\/p>\n

Continued acceptance beneath $75K would leave the ascending channel\u2019s lower boundary, around $73K, as the next important technical reference. A decisive break below that trendline would weaken the broader rising structure and expose the marked $67.8K\u2013$69.8K demand zone, which encompasses part of August\u2019s strong upward expansion.<\/p>\n

Alternatively, reclaiming $75K would reduce immediate downside pressure, but buyers would still need to recover $78K to demonstrate a more meaningful improvement.<\/p>\n

<\/a>Until then, rebounds remain vulnerable to selling within the former demand area.<\/p>\n

BTC\/USDT 4-Hour Chart<\/h2>\n

The four-hour chart shows Bitcoin breaking beneath both its descending channel\u2019s lower boundary and the recent consolidation base. The marked decision zone around $75.5K\u2013$77K now sits overhead, making it an important test for any recovery.<\/p>\n

The initial selloff reached approximately $73.5K before buyers pushed the price back toward $75.5K. However, that bounce failed near the lower edge of the decision zone, and BTC has since returned toward $74.5K. This rejection suggests that former support is beginning to act as resistance.<\/p>\n

As long as Bitcoin remains below $75.5K\u2013$77K, another test of the $73.5K low remains plausible. Losing that low would reinforce the bearish continuation scenario and bring the daily channel support around $73K into focus.<\/p>\n

Conversely, reclaiming the decision zone would weaken the immediate breakdown and could support a recovery toward the descending channel\u2019s upper boundary around $79K\u2013$80K. The broader $79.8K\u2013$82K supply zone remains a substantial obstacle beyond that initial recovery.<\/p>\n

<\/a><\/p>\n

Sentiment Analysis<\/h2>\n

The Binance liquidation heatmap shows a nearby concentration of estimated long-liquidation exposure around $73K\u2013$73.5K, beneath Bitcoin\u2019s current price. This broadly aligns with the recent low and the approaching daily channel boundary, making it a relevant area if selling continues.<\/p>\n

A move through this concentration could trigger forced long closures and amplify short-term volatility. However, the cluster represents potential liquidation exposure rather than confirmed buying demand, so reaching it would not automatically establish a bottom.<\/p>\n

Above the market, a prominent concentration sits around $76.5K\u2013$77.5K, overlapping the upper portion of the four-hour decision zone. A successful reclaim of nearby resistance could expose these levels and potentially accelerate a rebound through short liquidations. Larger overhead concentrations remain around $81K\u2013$82K.<\/p>\n

For now, the weak price structure keeps the nearby downside cluster in focus. A sustained recovery through $75.5K\u2013$77K would be needed to shift attention toward the more substantial liquidation concentrations above.<\/p>\n

<\/a><\/p>\n

The post Bitcoin Price Analysis: Will BTC Crash Below $70K Next as Selling Pressure Intensifies?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin has slipped beneath the $74K support area, leaving buyers struggling to regain control near $74.5K. The latest breakdown increases the risk of a deeper correction, while the liquidation heatmap highlights nearby concentrations on both sides of the market. Bitcoin Price Analysis: The Daily Chart The daily chart shows Bitcoin trading below the lower boundary […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-249803","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/249803"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=249803"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/249803\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=249803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=249803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=249803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}