Bitcoin breaks the $67,000 mark, large capital continuously withdraws. In this context, a new warning from an economic expert is attracting market attention.

Bitcoin continues its decline during the morning trading session on June 3rd (Vietnam time). Specifically, at 6 a.m., this digital currency sharply dropped to $66,225 — the lowest level since April — before slightly rebounding around $66,810.

According to data from TradingView, the world's largest digital currency has lost about 13% of its value in just one week. This development quickly worsened investor sentiment after months of expectations for a new bullish cycle.

Bitcoin hits multi-week lows, expert issues new warning - 1
Bitcoin loses the important support level of $67,000, evaporating about 13% of its value in a week (Image: TradingView).
The plunge occurs amid multiple unfavorable factors appearing simultaneously. The market records the first Bitcoin sale by Strategy in many years, capital continuously flowing out of Bitcoin spot ETF funds in the U.S., and the transfer of approximately $739 million worth of Bitcoin related to Mt. Gox wallets.

Not only has the price decreased, but market sentiment indicators also turn negative. The Crypto Fear & Greed Index drops to 26 points, plunging deep into the "fear" zone. Meanwhile, data from CoinGlass shows over $1.2 billion in crypto trading positions have been liquidated within just 24 hours.