Bitcoin Price Drops Below $70K as Short-Term Holders Hit Mass Capitulation

After another unsuccessful attempt to decisively reclaim the $72,000 resistance, bitcoin’s price dipped by two grand again, slipping below $70,000. Popular analyst Michaël van de Poppe weighed in on BTC’s longer-term performance, explaining why the current environment could be a “great time to buy.” BTC Tanks as STHs Reach Capitulation A week ago, bitcoin peaked at $76,000 for the first time i…