Bitcoin fell to around $65,500 on Friday as short-term holders sold 21,700 coins to exchanges, signaling panic. Market analyst Maartunn noted a sharp spike in realized losses during the sell-off. Unlike long-term holders, short-term investors often exit during downturns, potentially setting the stage for future recovery. However, further price declines remain possible if macroeconomic pressures persist. Bitcoin now trades at $66,110, down 4.2% in 24 hours.
