The "up-only" era just hit a $65,000 brick wall. For months, we watched the charts climb toward the clouds, fueled by the October 2025 highs that saw Bitcoin touch a staggering $126,000. But the atmosphere has changed. This morning, the market didn't just "dip"—it underwent a violent deleveraging that sent Bitcoin sliding below the $65,000 support level, a price point we haven't seen since the quiet days of late 2024.
The numbers are, quite frankly, sobering. Since that October peak, approximately $2,000,000,000,000 in total market capitalization has evaporated.
Why is this happening now?
While it’s easy to point at a single candle, the reality is a "perfect storm" of macro and technical factors:
• The Leverage Trap: A massive liquidation cascade—reminiscent of the 2021-2022 cycles—has flushed out billions in over-leveraged positions.
• Institutional De-risking: With disappointing earnings in the tech sector and shifting sentiment toward defensive assets, the "Bitcoin Boomer" ETF trade has cooled significantly.
• The Profit-Taking Virus: Early-cycle buyers who saw 100% gains are finally hitting the "sell" button to lock in liquidity.
Perspective is the only free lunch.
In crypto, $65,000 feels like a tragedy if you bought at the top, but it’s a milestone if you remember where we started. We are currently testing the 200-week moving average, a level that historically separates short-term fear from long-term opportunity.
Whether this is a "generational dip" or the start of a prolonged "Crypto Winter" depends entirely on your time horizon and your risk management. In a market where $2 trillion can vanish in a few months, patience is a position.
What’s your move in this climate?
Are you viewing this sub-$65k level as a long-awaited entry point, or are you sitting on the sidelines until the dust settles?
👇 Let’s discuss the macro outlook in the comments.
#BTC #RiskAssetsMarketShock #BitcoinDropMarketImpact #WhenWillBTCRebound #Write2Earn
