THE BLOCK: Bitcoin is trading down at around $68,500. 21Shares senior crypto research strategist Matt Mena said a break below $69,000 could leave $65,000 vulnerable to another test, while a sustained recovery would require BTC to reclaim $70,000 and then $74,000. Mena said a recovery toward $87,000 and eventually above $90,000 remains possible, noting that bitcoin has historically averaged returns of more than 61% in the fourth quarter.