Bitcoin Prices Drop Again as Big Investors Sell While Small Buyers Join

Price Drop
Bitcoin fell below $70,000, trading around $67,984 at the time of writing.

Big Holders Take Profits
Investors holding between 10 and 10,000 coins began selling when the price hit $74,000.
Between February 23 and March 3, whales purchased heavily while the price ranged from $62,900 to $69,600.
Since Wednesday, these large investors have liquidated about 66 % of their recent purchases.

Small Investors Add to Piles
Tiny holders with less than 0.01 BTC are buying more, a sign that the price may still be falling.

Market Sentiment
The Crypto Fear & Greed Index entered “Extreme Fear” with a score of 12.

Trader Insight
Michael van de Poppe cautioned that if Bitcoin cannot hold in the $67‑$68K zone, it may dip further before rebounding.

ETF Outflows
U.S. spot Bitcoin ETFs recorded their largest net outflow in three weeks, losing $348.9 million across 11 funds.

Historical Context & Outlook
Bitcoin has historically rebounded from lows near $60,000. An economist estimates a 99.5 % chance the price will stay above $60,000 in the short term.