Bitcoin briefly slid below $70,000 on Thursday, with prices on Bitstamp dipping to $69,101 during Asian trading hours. The move left BTC trading at a meaningful discount to some other venues — Coinbase recorded a low of $70,002 over the same period. The divergence appears to reflect heavier selling pressure on Bitstamp’s order book, where liquidity and trade flow can produce sharper local moves versus larger, deeper venues. Traders watching CoinDesk’s global average price note that Bitcoin’s climb earlier in October has since given way to a downtrend heading into year‑end. Market participants remain cautious: several analysts are forecasting further downside, pointing to a potential washout toward the $60,000 area as the next likely support zone before prices could stabilize. Read more AI-generated news on: undefined/news

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