- Bitcoin price today fell below $66,000, triggering $412 million in forced liquidations.
- Analyst said total crypto liquidations reached $2.29 billion over seven days.
- Market data showed Bitcoin down 47%, alongside sharp losses in major tech stocks.
Bitcoin price fell below $66,000 after triggering $412 million in liquidations. Well-Known crypto analyst Run Neuner warns that weak market structure, negative ETF flows, and broader risk-off sentiment could push Bitcoin toward lower support levels. As the concerns grow deeper, the analyst says sub-$50,000 Bitcoin is now on the table.
Bitcoin Breaks Trendline as Analysts Warn of Sub-$50K
In a recent tweet post, Ran Neuner said Bitcoin has lost a key rising trendline that had supported higher lows earlier in March. The breakdown formed a lower high followed by a lower low, shifting the short-term structure from recovery to bearish.
He also said the Iran war has erased $12 trillion from global markets and left Bitcoin exposed to the same risk-off pressure hitting stocks and shipping routes.
Another chart compared Bitcoin with oil, gold, and major equity benchmarks. The setup shows Bitcoin is no longer leading as an isolated asset and instead moving with a wider market drawdown.
Bitcoin Liquidation Zones Show Key Support Levels
At the time of writing, Bitcoin fell below $66,000 and then recovered to about $67,360. That drop forced long positions out of the market and intensified the selloff. The report also pointed to a downside liquidity zone between $63,500 and $65,500, which means traders are now watching that band closely for another sweep lower.
Additionally, a larger liquidation cluster sits between $66,500 and $73,000. That leaves the market split between two short-term paths. If Bitcoin holds above $66,000, short covering could push the price toward $70,000–$71,000. However, a breakdown below support may trigger another wave of forced selling.
Risk Asset Drop as Bitcoin Faces Macro Pressure
Market data shared by crypto analyst Crypto Rover shows a heavy declines across risk assets. Amazon fell 21%, Tesla dropped 26%, Meta declined 23%, and Microsoft slid 34%, while Bitcoin was down 47%.
The comparison suggests Bitcoin is moving within a broader risk-off correction rather than a crypto-specific downturn.
With liquidations rising, price structure weakening, and macro uncertainty persisting, traders are increasingly considering a deeper pullback. As a result, the sub-$50,000 scenario is returning to market discussions.
Related: Gold, Bitcoin, or Oil? AI Forecasts the Biggest Winner for the End of 2026
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