Bitcoin price crash fears intensify as sentiment flips bearish, $3.4 billion exits ETFs, and leveraged traders face mass liquidations
Bitcoin is having a rough week. The world’s largest cryptocurrency has slid more than 5 percent since Monday to around $67,000 — its weakest level in nearly two months. Over the past week alone, Bitcoin price crash fears have pushed BTC down more than 12 percent. Moreover, on the prediction platform Myriad, 53 percent of market participants now expect Bitcoin to fall further to $55,000. Just a day earlier, sentiment leaned 60 percent the other way. Therefore, the mood shift among traders has been swift and dramatic.
Several factors are driving the decline simultaneously. Strategy, widely known as the world’s first and largest Bitcoin Treasury Company, recently sold 32 BTC — its first significant sale since 2022 after years of accumulating massive reserves. Furthermore, the move rattled sentiment across social media. The firm’s long-standing reputation as a committed Bitcoin holder made the sale feel like a signal to many traders.
Capital is also fleeing US spot Bitcoin ETFs at an alarming rate. Around $3.4 billion exited these funds in just 24 hours. That single-day outflow exceeds all net inflows recorded in 2026 so far. Additionally, nearly $600 million in long positions were wiped out in a single day as leveraged traders found themselves on the wrong side of the drop. Therefore, forced liquidations amplified the natural selling pressure into something far more damaging.
On-chain data added further nervousness. Movements tied to several collapsed exchanges showed around $1 billion in Bitcoin transfers. The transfers do not confirm active selling. However, they contributed to an already anxious market atmosphere.
Bitcoin currently trades roughly 46 percent below its all-time high of $126,080. Still, not everyone is bearish. Some traders on X are betting on a sharp recovery above $100,000 if Pakistan successfully mediates an end to the US-Iran war in the coming weeks. Finally, in crypto markets, sentiment can reverse just as fast as it collapses — but right now, the bears are firmly in control.
