#BitcoinDropsBelow$65K What the Drop Below $65K Really Means
Bitcoin slipping below $65,000 is a liquidity event, not an automatic trend reversal.
$65K was a psychological + short-term technical level
The break triggered stop-losses and leveraged long liquidations
Spot selling remains controlled, not disorderly
This move looks more like position cleanup than structural failure.
🧠 Key Drivers Behind the Move
Macro pressure: Strong USD + elevated bond yields continue to weigh on risk assets
Derivatives reset: Funding rates cooled → leverage flushed
Equity correlation: Tech weakness dragged cry