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Bitcoin risks a deeper slide as miners and US spot ETFs cut BTC exposure, adding supply pressure during a fragile downtrend.

Bitcoin selling pressure sparked a retreat below the 2021 bull market high, with lower BTC price targets still expected to be hit.

Bitcoin’s 12-day ETF outflows, derivatives data and the crypto market in tandem trading with tech stocks suggest traders will continue to cut exposure to risk assets.

Futures traders reduced their activity as Bitcoin’s weakness extends and the asset repeatedly tests new year-to-date lows.

Bitcoin price hit a 15-month low of $72,169, leading one analyst to say a revisit of BTC’s realized price near $56,000 may occur in a few months. Do charts hint at a rebound rally before the weekend?

Bitcoin fell to its lowest level since late 2024, breaking below its prior local low as traders turned their attention to $70,000 and lower support zones.

XRP’s bearish chart pattern signaled a possible price correction toward $1.22, fueled by declining demand and open interest.

Bitcoin is approaching its 200-week moving averages, a long-term support zone traders say could help define a potential BTC price floor.