Bitcoin experienced a significant drop, plunging from 69k to a deep price of $66,200 amidst a broader cryptocurrency market downturn. This price movement comes as the cryptocurrency community anticipates the upcoming halving event this month. The sudden fall resulted in over $160 million being liquidated in the last hour, with Bitcoin dropping below $67,000 and Ethereum's price briefly falling to $3,368. The total network saw $157 million liquidated, with long orders constituting $144 million of this amount. This market activity has sparked reactions across social media, with some users expressing disappointment towards influencers who previously promoted Bitcoin.