Bitcoin holds steady despite tech stock selloff triggered by weak earnings. Bitcoin may see final leg down before bear market bottom, says analyst. Market nears bottom from timing perspective.

Bitcoin dropped to $64,000 as a broader risk-off sentiment hit crypto markets following weak technology earnings that pressured equities.

Bitcoin ETFs shed $225M on Wednesday while Ether funds attracted $26M as tech earnings dragged risk appetite and BTC slipped below $64K.