In mid-March 2026, Bitcoin fell to around $66,500, cutting in half from its highs.
Market sentiment swung from greed to fear in seconds, liquidation news kept coming, and the bulls who had been shouting "never stop falling" all went quiet.
Why did it fall so hard?
First, macroeconomic liquidity is tightening, Fed rate-cut expectations are wavering, and under high interest rates, risk capital is fleeing across the board.
Second, institutions are taking profits at elevated levels; once price breaks key support, leverage liquidations and algorithmic trading hit the market together, creating a sta
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