Bitcoin drops to $65.5K on March 27 as long liquidations near $400M hit the market

Bitcoin (BTC) slid to $65.5K on Friday, 27 March, revisiting a level that previously sparked a move to $76K earlier in the month. The drop coincided with nearly $400 million in crypto long liquidations, including $172 million tied to Bitcoin, while analysts tracked long-term holder metrics for signs of accumulation versus distribution.