$BTC went from $126,000 to $65,000 in just 140 days
That’s nearly a 50% drawdown in less than five months
From euphoria at all-time highs to fear under $70K.
▸ Same asset.
▸ Different emotions.
The chart shows a clean rejection from ATH, loss of the $110K region, then a cascade through mid-range support around $85–90K
Now price is sitting near $65K after a vertical sell-off
This is what real volatility looks like
If $60K–$62K holds, we could see a relief bounce toward $75K–$80K.