Bitcoin Price Crashes Below $74K as 47,300 BTC Move to Exchanges at a Loss: Is $70K Next?

Bitcoin price crashed below $74,000 as 47,300 BTC moved to exchanges at a loss, signaling short-term holder capitulation. After failing to sustain recovery above $85,000, BTC extended its decline, breaking below key technical support. On-chain data shows one of the strongest short-term holder capitulation events, raising questions about whether $70,000 is next.