Meanwhile, Nicholas Motz, CIO of Soil.co and CEO of ORQO.digital, attributes the compression to a trio of factors: commodity contagion, institutional caution and a market exhaustion phase.
“While retail is buying, institutional flows from ETF data have paused to reassess risk,” Motz explained. “The market is testing the resolve of the ‘Trump trade.’ If psychological support at $72,600 fails, we risk a deeper correction toward $67,000.”
Conversely, Han Tan, chief market analyst at Bybit Learn, believes bears are now “firmly in control.” He points to the slump to late-2024 prices as evidence that retail traders are being wooed back to traditional mainstream assets, which currently offer more stable returns.
FAQ Why did bitcoin drop below $70K in the U.S.? Heavy selling pressure and fading ETF inflows triggered a sharp overnight decline. What’s the impact on bitcoin treasury companies? Treasury firms tied to the “Saylor Line” face renewed boardroom stress as BTC trades under $76K. How does this affect traders? Local traders are watching liquidity tighten, with reduced leverage signaling a cautious shift. Will bitcoin reach new highs in 2026? Industry experts like Gil Rosen expect bitcoin to hit fresh milestones by 2026 as the market recovers from current geopolitical and policy resets.
