BTC dropped fast to around $65K, and yeah… it looks ugly.
Why the drop?
• Big investors pulled money out of Bitcoin ETFs which lead to less cash in the market
• Stocks are falling too, so people are avoiding risky assets
• Higher interest rate fears = crypto gets sold first
• Too many traders were over-leveraged… and they got wiped out
Basically: pressure + fear + forced selling = fast dump.
Looking at the chart, we can see that, Bitcoin lost an important level around $70K. That scared traders, so selling accelerated. Right now, $65K is the level everyone’s watching.
I honestly wouldn’t be surprised if Bitcoin drops closer to $60K before things turn around.
That’s how markets work. When price goes up too fast → it needs to come down.
And when it falls hard → it usually bounces back.
This kind of move cleans the market: weak hands exit, leverage gets flushed, and stronger buyers step in.
This feels uncomfortable, but it’s part of the cycle.
Stay calm. Manage risk. Don’t trade emotions.
