Bitcoin Hovers Near $67,000 as Analyst Warns of Potential Major Crash

Bitcoin slid toward $66,000 and traded around $67,000 as traders reassessed risk, with on-chain data showing underwater positions near current levels turning rallies into derisking opportunities rather than dip-buying chances, a report said. The report noted that losses in the mid-$60,000s serve as a key checkpoint, keeping upside limited and prompting cautious portfolio management with tighter position sizing and stop levels. A popular analyst warned the current setup could precede a major crash and deeper correction, leading traders and institutions to apply stricter risk controls while watching whether Bitcoin can regain upward momentum.