Bitcoin is facing a sharp correction after breaking below key psychological support near $65K, triggering heavy liquidations in leveraged positions and accelerating panic selling across the crypto market. The drop reflects a mix of macroeconomic uncertainty, reduced ETF inflows, and weakening short-term technical structure, pushing sentiment into extreme fear territory. While volatility remains high and further downside toward major support zones is possible, historically such deep pullbacks have often reset market conditions before the next long-term expansion phase.#BTCDropsbelow$63K
