Bitcoin Crashes Below $65K: Tariffs and Whales Create Prime Dip-Buying Moment
Bitcoin plunged 4.5% to $64,500, shattering $65K support on a toxic mix of Trump tariff hikes and aggressive whale selling. Liquidations topped $615 million as Fear & Greed cratered to 5-6, mirroring 2022 capitulation vibes. Retail investors smell blood in the water—and opportunity.
The trigger? Trump's tariff escalation to 15% post-Supreme Court smackdown, fueling inflation panic and risk aversion. Pawnie's recap flagged Bank of America's $1B liq trap alert, with XRP's $1.93B weekly losses rivaling FTX fallout. VirtualBacon zeroed in on $470M liqs from the tariff shock alone, gold blasting to $5,100 while BTC bled. Investing.com charts showed whales shuttling BTC to exchanges, Vitalik dumping $3.3M ETH, and prices probing $63,939 lows—near February's $60K floor. GroveX noted pre-drop tariff uncertainty capping BTC at $68K, with ETF outflows hitting $316M weekly. CNBC and Barron's confirmed the 5% BTC drop tied to tariff turmoil, market cap dipping to $2.3T as altcoins like Solana (-6%) crumbled. On-chain signals scream bottom: USDT liquidity echoes 2022 lows, whale accumulations persist despite sells, and MicroStrategy scooped 592 BTC at $67K averages. Fear & Greed at extremes has historically marked reversal zones, per analysts.
Over $615M in liqs wiped leveraged longs, testing $60K support and sparking retail panic sells. This capitulation flushes weak hands, paving the way for accumulation as gold rotates in but BTC's scarcity shines through. Dip buyers get prime entries before the inevitable snapback.
Bitcoin's sub-$65K dip amid tariffs and whales is textbook buy-the-dip setup for patient retail holders. Hold through the noise—history favors the bold at extreme fear levels. Next leg up starts from these ashes.
Sources:
- https://x.com/pawnie_/status/2025837763283521945
- https://x.com/GroveXchange/status/2025775135920177351
- https://www.investing.com/news/cryptocurrency-news/bitcoin-price-today-tumbles-below-65k-amid-whale-selling-us-tariff-jitters-4517703
- https://x.com/virtualbacon/status/2026010409589768267
- https://www.cnbc.com/2026/02/23/bitcoin-falls-trump-tariffs.html
- https://bitcoinmagazine.com/markets/bitcoin-price-crashes-below-65000
- https://finance.yahoo.com/news/bitcoin-price-falls-below-65k-071458670.html
- https://www.bloomberg.com/news/articles/2026-02-23/bitcoin-btc-slides-to-65-000-in-latest-bout-of-tariff-uncertainty