Bitcoin has fallen below the $70,000 mark for the first time in over a year, prompting concerns about a potential bear market as investor confidence wanes. The cryptocurrency has experienced a steep decline, wiping out gains from the Trump era and leading to fears of a deeper crash, with predictions dropping as low as $38,000. Analysts attribute this downturn to a combination of technical factors and broader market pressures, as nearly half a trillion dollars have been erased from the crypto market in a week. The ongoing sell-off has also impacted crypto-related stocks, leading to significant losses across the sector. As the market grapples with volatility and uncertainty, questions arise about the resilience of Bitcoin and the overall cryptocurrency landscape.