Bitcoin has experienced a **sharp decline** today and over the past few days. The price opened around **$73,000** but dropped significantly, reaching a low near **$69,900–$70,000** (with some sources showing dips below $70,000 briefly). It's currently trading in the **$70,000–$71,500** range, reflecting a **roughly -6% to -8% drop** in the last 24 hours depending on the exact exchange/data source (e.g., around -7.5% commonly reported).
- The candlestick shows strong bearish momentum with a large red candle, breaking below recent supports and moving averages.
- This pullback has brought BTC to its lowest levels in recent months (some reports mention the lowest since late 2024/early 2025 in certain contexts), amid broader risk-off sentiment in markets (tech sell-off spillover, liquidations, ETF outflows, etc.).
Overall, the short-term trend is **bearish**, with heavy selling pressure pushing price lower after failing to hold above $75,000–$76,000. If it stabilizes around $70,000, that could act as temporary support; otherwise, further downside toward $68,000–$69,000 remains possible in the near term.