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Bitcoin shaken by short-term sellers taking losses; $65,000 support in focus

Bitcoin is under pressure as short-term holders sold more than 10,000 bitcoin while accepting losses, raising expectations that the downside could open to $65,000. The drop came as broader crypto sentiment weakened amid rising U.S.-Iran war tensions. On-chain data showed coins sent to Binance below holders’ average cost. Analysts cited stress-driven selling and historical precedents. Glassnode flagged over 7.8 million bitcoin held at a loss. U.S. spot bitcoin ETFs recorded net outflows on most recent sessions.