Bitcoin price drops toward $70,000 as bearish patterns signal 37% crash risk, while whale accumulation attempts to stabilize ...

Some market watchers have suggested $70,000 is a key level to watch and a break below that could lead bitcoin to decline ...

Bitcoin breaks below $70,000 as miner stress and bearish signals raise crash risk toward $55,000 levels during current market turmoil.

The spike shows traders rushing for protection, though implied volatility is not yet at extreme levels versus the past year.