bitcoin

​The Bitcoin market is facing significant turbulence today, February 5, 2026, as the leading cryptocurrency plummeted to a 15-month low, touching the $72,100 - $72,800 range. This sharp decline has wiped nearly $500 billion from the total crypto market cap since late January, triggering a wave of "extreme fear" among retail investors.
​Key Market Drivers Today:
​The "Death Spiral" Warning: Famed investor Michael Burry has issued a stark warning, suggesting that Bitcoin’s plunge could enter a self-reinforcing cycle. He noted that companies holding massive BTC reserves on their balance sheets are now under severe strain as prices dip below their average entry points.
​Massive Liquidations: Over $2.5 billion in leveraged positions have been liquidated in the last 24 hours. The collapse in open interest—down $55 billion in 30 days—indicates a widespread de-leveraging event rather than simple spot selling.
​Macro Pressure: A hawkish shift in the Federal Reserve and a stronger U.S. Dollar have dampened the appetite for risk assets. Additionally, capital appears to be rotating out of BTC and into precious metals like Gold, which saw a 5% gain today.
​Institutional "Underwater" Positions: Major corporate holders are now officially "underwater," with BTC trading below the $76,000 average purchase price for several institutional giants. This has led to a sharp sell-off in crypto-related stocks.
​Technical Outlook
​The Relative Strength Index (RSI) has dropped below 30, signaling that BTC is deep in oversold territory. While some analysts hope for a "dead cat bounce" due to these extreme levels, the immediate trend remains bearish until Bitcoin can reclaim the $76,800 support-turned-resistance level.
​Article Summary
​Bitcoin has hit a 15-month low of approximately $72,300, driven by a massive $55 billion drop in open interest and warnings of a "death spiral" from Michael Burry. As institutional holdings fall into the red and macro economic pressure mounts, the market is currently in a state of Extreme Fear (Index: 14), with technical indicators suggesting continued volatility unless key resistance at $76k is recovered.
​#BTC #bitcoin #CryptoNews #MarketUpdate #BinanceSquare
$BTC

$80–85k ✅
$75–80k ✅
$70–75k ✅
Three out of six Bitcoin buy zones have now been filled. If price taps into the remaining lower zones, that would be a gift not a threat.
Over the past few weeks, I’ve been steadily increasing my long-term position, not chasing noise, not reacting to headlines, but executing a plan.
This is what real market structure looks like:
Time replaces volatility.Boredom replaces euphoria.Strong hands replace weak ones.
That’s how serious capital accumulates quietly, patiently, and without drama.
Markets like silver have done this before: long bases, extended accumulation, then powerful expansions. Weekly structures don’t drift sideways forever. When they move, they move with intent.
Build your strategy.
Block out the noise.
Stay patient.
Congrats to everyone who’s been executing instead of panicking. The work is being done now.
#bitcoin #BTC #btc70k $BTC

Ever since we broke into this range and found a new area that is $75k to $79k We keep sweeping lows after lows after lows. Why is this even happening?

Let me explain.
1)Whenever we are free falling or breaking a support, Net shorts get invited and price pushes back 2-5% upwards. Eventually spot sell pressure takes us towards a fresh new low and then Net shorts add again and they get rekt again in 2-5% candles.
This cycle keeps repeating itself. The problem with this price action is :

They don't want you in longs/shorts when they turn the market around. It's simple. If they had to take us to $67k or $57k eventually they would have given us a sharp dump, but everytime people add to their shorts near bottom and they eat the shorts too.
The Price pattern if we look at it, is showing bullish div despite that anyone longing this structure would lose hope and give SL after SL after SL.
We have also lost 51% in open interest full delta since the top. Almost 18 Billion wiped (on velo data).
This means we have less and less perpetual players left to play probably. Now whatever will happen, will happen through spot buying.
There is still space for price to expand to likely $72k to $69k anywhere, but still I would say, this is not the time to be bearish.

#btc #btcusdt #bitcoin

It has now been 122 days since Bitcoin printed its cyclical peak at USD 126,000. Since then, its price and time evolution has been reproducing, with almost unsettling precision, the structure of the 2022 bear market—the last genuine “bear market.” However, caution is required: this analogy has its limits and cannot hold indefinitely.

$BTC is currently showing a drawdown of around 40% from its all-time high reached on Monday, October 6. Historically, from one bear market to another, the magnitude of drawdowns has tended to decrease, while still remaining consistently above 70%. Personally, I believe that the drawdown of the current cycle will be more moderate, mainly due to the now significant weight of institutional players, which is unmatched compared to previous cycles.

That said, it is undeniable that Bitcoin is still, at this stage, following the technical and cyclical logic observed in 2022. But $BTC has never exactly replicated a past pattern: history rhymes, it does not repeat itself. The market top formed 80 weeks after the halving (all data are shown on the chart below), while the theoretical bottom zone has historically been located around 130 weeks post-halving, projecting us toward the month of September. However, several indicators suggest that the bottom could be reached earlier, notably through relative dynamics and arbitrage with precious metals.

The latter have in fact entered a corrective phase since the end of last week, likely marking the bursting of a speculative bubble that had become particularly excessive since the last quarter of 2025. Technical analysis of the BTC/GOLD ratio indicates that a major bottom could be near. This ratio is currently entering its 59th week of bear market territory, a duration that corresponds exactly to the end of the 2022 bear market. Added to this is a key proportion: the BTC/GOLD ratio has corrected approximately 80% of its previous bullish cycle, once again a level that coincided with the final bottom in 2022.

It therefore becomes plausible, even if the BTC low in US dollars could still be slightly lower, that Bitcoin will not fully replicate the trajectory of the 2022 bear market.

This nuance is fundamental. The macroeconomic and structural context of 2026 bears no resemblance to that of 2022. At the time, the market was undergoing brutal monetary tightening, the collapse of several major players in the crypto ecosystem, and a generalized risk-off environment. Today, despite a significant correction, the environment is far more mature: robust infrastructure, deep institutional liquidity, and regulated financial products help cushion periods of stress.

In summary, even if Bitcoin continues to rely on its cyclical and temporal benchmarks, it is unlikely to reproduce their final intensity. Everything points to a bear market that is shorter, more contained, and structurally different. According to my scenario, the maximum drawdown would lie in a range between USD 50,000 and USD 70,000.

DISCLAIMER:

This content is intended for individuals who are familiar with financial markets and instruments and is for information purposes only. The presented idea (including market commentary, market data and observations) is not a work product of any research department of Swissquote or its affiliates. This material is intended to highlight market action and does not constitute investment, legal or tax advice. If you are a retail investor or lack experience in trading complex financial products, it is advisable to seek professional advice from licensed advisor before making any financial decisions.

This content is not intended to manipulate the market or encourage any specific financial behavior.

Swissquote makes no representation or warranty as to the quality, completeness, accuracy, comprehensiveness or non-infringement of such content. The views expressed are those of the consultant and are provided for educational purposes only. Any information provided relating to a product or market should not be construed as recommending an investment strategy or transaction. Past performance is not a guarantee of future results.

Swissquote and its employees and representatives shall in no event be held liable for any damages or losses arising directly or indirectly from decisions made on the basis of this content.

The use of any third-party brands or trademarks is for information only and does not imply endorsement by Swissquote, or that the trademark owner has authorised Swissquote to promote its products or services.

Swissquote is the marketing brand for the activities of Swissquote Bank Ltd (Switzerland) regulated by FINMA, Swissquote Capital Markets Limited regulated by CySEC (Cyprus), Swissquote Bank Europe SA (Luxembourg) regulated by the CSSF, Swissquote Ltd (UK) regulated by the FCA, Swissquote Financial Services (Malta) Ltd regulated by the Malta Financial Services Authority, Swissquote MEA Ltd. (UAE) regulated by the Dubai Financial Services Authority, Swissquote Pte Ltd (Singapore) regulated by the Monetary Authority of Singapore, Swissquote Asia Limited (Hong Kong) licensed by the Hong Kong Securities and Futures Commission (SFC) and Swissquote South Africa (Pty) Ltd supervised by the FSCA.

Products and services of Swissquote are only intended for those permitted to receive them under local law.

All investments carry a degree of risk. The risk of loss in trading or holding financial instruments can be substantial. The value of financial instruments, including but not limited to stocks, bonds, cryptocurrencies, and other assets, can fluctuate both upwards and downwards. There is a significant risk of financial loss when buying, selling, holding, staking, or investing in these instruments. SQBE makes no recommendations regarding any specific investment, transaction, or the use of any particular investment strategy.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts suffer capital losses when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Digital Assets are unregulated in most countries and consumer protection rules may not apply. As highly volatile speculative investments, Digital Assets are not suitable for investors without a high-risk tolerance. Make sure you understand each Digital Asset before you trade.

Cryptocurrencies are not considered legal tender in some jurisdictions and are subject to regulatory uncertainties.

The use of Internet-based systems can involve high risks, including, but not limited to, fraud, cyber-attacks, network and communication failures, as well as identity theft and phishing attacks related to crypto-assets.
TRADE $BTC HERE
#bitcoin #BTC #TrendingTopic

This is my first article on Binance Square, so I wanted to start with something simple but real.
Even people who say they believe in Bitcoin quietly wait for it to crash again. Not because they hate #bitcoin but because they need emotional confirmation.

Here’s the truth:
Most people don’t actually need Bitcoin to crash for financial reasons.
They need it to crash for psychological reasons.

When Bitcoin goes up without them, it creates pressure.
It reminds them they didn’t buy earlier.
It makes them feel late, hesitant, even a bit regretful.

A crash fixes that feeling.
A crash resets the story.
A crash gives them a second chance that feels emotionally comfortable.

When price drops, they feel smart for waiting.
They feel back in control.
They feel like the market finally makes sense again.

That’s why people keep needing Bitcoin to crash.
Not because it’s healthy for the market, but because it protects their ego from feeling late.

But here’s the cycle.
When Bitcoin actually crashes, fear replaces confidence.
They wait for lower. They expect worse. They hesitate.
Then price recovers… and suddenly they feel late again.

So they end up needing another crash.
Again and again.

Bitcoin isn’t just testing conviction.
It’s testing emotional discipline.

The people who win long term aren’t the ones waiting for the perfect crash.
They’re the ones who stop needing one to feel comfortable entering the market.