Bitcoin is in 'full capitulation mode' as the token tumbles below $70,000

Bitcoin

The pain for bitcoin is worsening. Fear of an even more prolonged downturn has begun to seep into conversations among investors as bitcoin's sell-off brought the top crypto to a 15-month low below $70,000 on Thursday. Bitcoin's bear market over the last several months has shaved 44% off the token's price since it hit an all-time high around $126,000. Now, analysts say more pain could be coming. Nic Puckrin, an investment analyst at Coin Bureau, said he saw the crypto potentially dropping to as

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Bitcoin is in 'full capitulation mode' as the token tumbles below $70,000 https://www.businessinsider.com - 05.02.2026 19:09

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Bitcoin is in 'full capitulation mode' as the token tumbles below $70,000 https://www.businessinsider.com - 05.02.2026 19:09