Bitcoin may face a decline to $70,000, according to RBC analyst Anatoliy Radchenko. In a recent video, Radchenko noted Bitcoin's opening price of $86,500 in December, following a 17% drop in November. He attributed market pressures to the struggles of crypto-reserve companies and ETFs, which have been unable to raise funds due to declining stock values. Radchenko highlighted that Strategy, a significant Bitcoin-holding company, might need to sell assets to meet financial obligations, potentially impacting the market further. Despite these challenges, he emphasized that Bitcoin's price cannot fall indefinitely and may stabilize around the average entry price of U.S. ETF investors at $84,000.