Bitget’s Ryan Lee warns Bitcoin could drop to $70k if $75k support breaks

Bitcoin faces further downside if it loses the critical $75,000 support level, according to Ryan Lee, chief analyst at Bitget Research, cited by Cointelegraph. Lee linked Bitcoin’s recent drop below $80,000 to investor fears over potential trade tensions between the U.S. and China, sparked by tariff policies under U.S. President Donald Trump. While Bitcoin may hold above $75,000 for now, Lee warned that a break below could trigger liquidations and increase volatility, potentially driving the price down to $70,000 if macroeconomic pressures worsen. However, strong institutional dip buying could help prevent a deeper correction unless a major new shock emerges