WHY IS IT CRASHING? 6 REASONS:
1️⃣ Trump's 15% global tariff shock
2️⃣ Tech stock collapse dragging crypto lower
3️⃣ Record $3.2B liquidations in a single day
4️⃣ Bitcoin ETFs saw $3.8B in outflows over 5 weeks
5️⃣ BTC broke its 365-day moving average — first time since March 2022
6️⃣ Geopolitical tensions (US-Iran-Israel) pushing capital into cash (Zipmex)

The Fed also revised its 2026 PCE inflation forecast upward to 2.7% from 2.4%, and Powell confirmed oil prices from the Iran conflict are now part of the Fed's inflation calculus — triggering forced liquidations from leveraged longs.
🐋 BUT HERE'S WHAT THE SMART MONEY IS DOING:
Bitcoin exchange reserves are at a 7-year low — holders aren't selling
Whale wallets holding 100+ BTC have surpassed 20,000 for the first time in history
SEC/CFTC jointly classified BTC, ETH, SOL, XRP, ADA, LINK & AVAX as digital commodities — biggest US crypto regulatory win in years.
BlackRock's IBIT saw a $648M single-day inflow in mid-March
Every time BTC dips below $65K, massive inflows spike into IBIT and Fidelity's FBTC