$1.5 billion in weekly Bitcoin ETF outflows and traders’ inability to defend BTC’s $75,000 support have provided bears with a path to $70,000.

Bitcoin slips below $75,000 as capital inflows fade and ETF netflows cool, contrasting with an oil-driven relief rally in global equities.

Bitcoin price risks a drop to $70,000 as miners prepare to sell, futures traders go short and traders falter in defending the $75,000 support.