Bitcoin slips below $70,000 for the first time since August


Bitcoin (BTC) is attracting some serious sellers, pushing it below $70,000 on Friday after an over 3% decline the previous day. The Crypto King is down over 5% so far this week, and a bearish close could mark its sixth consecutive week of losses. The technical outlook for Bitcoin is bearish, with sellers tightening their grip despite overextending the downtrend to oversold levels. 

BTC/USDT daily price chart.

(This is breaking news and will be updated as the story develops.)