Bitcoin Price: Risk of Crash to $70,000 Looming as Key Support Breaks

Bitcoin’s price broke above $85,000 on December 2, 2025, forming a tentative support level that analysts believe could hold off a potential crash. However, the key support level is now under threat. An on-chain analysis reveals a dangerous vacuum of support between $83,300 and $66,900, where only 9% of Bitcoin supply has moved recently. If this level breaks below, the cryptocurrency could plunge to around $70,000 or lower, erasing recent gains in a volatile market.