News & AnalysisCareer
Trading
Explore a wide range of markets with competitive pricing, deep liquidity, and advanced trading tools.
Learn More 
Platform
Trade seamlessly with TMGM's powerful platform, built for speed, precision, and a superior trading experience.
Learn More Trading Platform
Trading Tools
Academy
Learn the fundamentals of trading with beginner-friendly resources, including guides, webinars, and market insights.
Learn More News & Analysis
Get real-time market updates and expert analysis to stay ahead of trading opportunities
Learn More News & Analysis
About
Learn what sets TMGM apart — our global presence, regulatory strength, and commitment to innovation in trading.
Learn More Why Choose TMGM
Sponsorship
Breaking: Bitcoin falls below $70,000, a level last breached in August
- Following the previous day’s 3% decline, Bitcoin falls further below $70,000 on Friday.
- Despite oversold readings, momentum indicators point to sustained selling pressure.
- Sellers are targeting the next support near $67,292 as the technical outlook for BTC remains bearish.
After falling over 3% the previous day, Bitcoin (BTC) has dropped below $70,000 on Friday amid strong selling pressure. With losses exceeding 5% so far this week, the Crypto King could record its sixth consecutive weekly decline if it closes lower. Although the downtrend has stretched into oversold territory, sellers continue to strengthen their hold, leaving Bitcoin’s technical outlook bearish.
(This is breaking news and will be updated as the story develops.)
POPULAR ARTICLES
1Gold reclaims $3,900 after rebounding from YTD low; Fed hike bets and bullish USD set to limit gains2Top 3 Price Forecasts: Bitcoin, Ethereum, Ripple – Selling Pressure Keeps BTC, ETH and XRP on the Decline3Silver Price Forecast: XAG/USD Climbs Towards $50.50 Despite Bets on a Fed Rate Hike4Hyperliquid advances against centralised exchanges as open interest surpasses $18B5Breaking: Bitcoin falls below $70,000, a level last breached in August6New Zealand Dollar slips below 0.5600 as traders await US PPI data7United States Dollar to retain support into year-end before weakening later – National Bank8United States: US Dollar draws support from growth and labour market momentum – RBC Economics9Canadian Dollar remains steady despite falling oil prices
Connect With Us
The information provided on this website is of a general nature only and does not constitute personal financial advice. Before acting on any information on this website, you should consider the suitability of the information in relation to your objectives, financial situation and needs. Investing in CFDs and FX Margin Contracts carries significant risks and is not suitable for all investors. You may lose more than your initial deposit. You do not own, or have, any interest in the underlying asset. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. It is important that you read and consider the disclosure document before you acquire any product listed on the website. The information and advertisements offered on this website are not intended for use by any person in any country or jurisdiction where such use would be contrary to local laws and regulations. The Products and Services offered on this website are not intended for residents of the United States, Malaysia and Thailand.
TMGM is authorized and regulated in various jurisdictions.
Trademax Australia Limited, trading as TMGM, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 436416 and is located at Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia.
Email: support@tmgm.com.au
Trademax Global Limited, trading as TMGM, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), registration number 40356 and registered at 1276, Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu.
Email: support@tmgm.com
Trademax Global Markets (SE) Limited, trading as TMGM, is authorized and regulated by the Financial Services Authority (FSA) of Seychelles, with license number SD224. The company is registered at Office No 13, Providence Estate ABIS Centre, Mahe, Seychelles.
Email: support@tmgm.com
Trademax Global Markets (International) Pty Ltd, trading as TMGM, is authorized and regulated by the Financial Services Commission, Mauritius (FSC) with license no. GB22201012, and registered at 33, Edith Cavell Street C/o IQ EQ Fund Services (Mauritius) Ltd Port Louis, 11324 Mauritius.
Email: support@tmgm.com
Copyright © TMGM. All rights reserved