Look brother, today's crypto market situation is absolutely terrifying! I'm telling you the truth - Bitcoin has dropped to $69,378 today.

which is the lowest price in the last 16 months.

**Main events of this week:**

In the last 7 days, Bitcoin has fallen by about 12% [CNBC], and the funny thing is - the biggest hit came when trading volume is low over the weekend. On Saturday alone, there was a liquidation of $2.56 billion [CNBC], which is the 10th largest liquidation in history!

Ethereum is even worse - it has dropped below $2,100, a 13% drop in a week. And today, 92 out of the top 100 coins are in the red [CryptoNews.com].

**Why such a drop?**

The real reasons are several:

1. **Macro Economic Pressure**: The nomination of Kevin Warsh as the new Federal Reserve Chairman and higher than expected PPI readings have given the market a hawkish shock. This means the market thinks interest rates could be higher.

2. **Geopolitical Tension**: Investors are moving away from risky assets amid growing geopolitical concerns CNBC.

3. **ETF Outflow**: $3 billion has exited Bitcoin ETFs since January 15 [CoinDesk]. Large investors are cutting positions.

4. **Bhutan Sale**: The Bhutan government moved $22 million in Bitcoin last week [CryptoNews.com], raising concerns about sales.

5. **Leverage Liquidation**: Those who were trading with loans had to sell forcibly when the market fell, which put more pressure.

**What should be done now?**

Here are two types of opinions:

**Short-Term Fear:**

Michael Burry (who predicted the 2008 housing crash) says it could be worse than a typical bear market. Some experts believe Bitcoin could drop to $40,000 this year.

**Long-Term Optimism:**

Compass Point analysts say the crypto bear market is in its 'final innings' [CoinDesk]. According to them, Bitcoin is likely to bottom between $60,000 and $68,000 [CoinDesk], as 7% of long-term holders bought Bitcoin in this range.

**My Opinion - Next Steps:**

If you are a holder:

- Don't panic sell. $70,000 is a psychological support.

- There is strong support in the $65,000-$68,000 range.

- You can do DCA (Dollar Cost Averaging) if you believe in the long term.

If there is a plan for a new entry:

- Not all at once, enter step by step.

- If it breaks $70,000, it could go down further.

- Keep an eye on the first support at $65,000.

**Caution:**

- The market is still in risk mode.

- Keep an eye on the news flow (especially Fed policy)

- Only invest what you can afford to lose.

To be honest, I think the next few weeks will be volatile. However, for those who believe in crypto, this might be an accumulation opportunity. But remember, the crypto market is always high risk!

Verify yourself before taking a trade ✅

And to know about the crypto market, keep following this page and like and share this post.

#BitcoinDropMarketImpact #Crypto_information_Today #saifuddin2k25 $BTC $ETH $BNB