I noticed a sharp price move in Bitcoin this week. It fell from above $67,000 and continued to drop due to a strong wave of selling from investment funds. Massive outflows indeed—about $174 million in a single day from U.S. Bitcoin funds. BlackRock withdrew $86.5 million from IBIT, and Fidelity pulled $78.6 million out of FBTC. What’s striking is that institutional interest is fading completely.

From a technical analysis perspective, Bitcoin is now under real pressure. It broke the $69,000–$70,000 level that had been considered strong support, and it turned into resistance. Analysts indicate that the nearest key support is around $65,000–$66,000. If we break this level, the bearish scenario points to a slide toward the $60,000–$62,000 range.

The pressure didn’t come from Bitcoin alone. All markets shifted to risk aversion due to geopolitical tensions. Gold fell sharply, and oil jumped above $100. This fear of inflation and tougher policies was reflected across all assets. Bitcoin lost about 3% during the session, and in the derivatives market there were massive liquidations exceeding $454 million.

Prediction traders expect that Bitcoin will drop to $60,000 before a possible rebound toward $80,000. But for now, momentum is negative and institutional confidence is clearly weakening. The coming weeks are extremely sensitive.