BTC Price Movement: Down to $71K, What's Next?

BTC is trading at $71,439 USD in early February 2026, down about 7% in the last 24 hours. The chart shows it reached a high of $76,631 but then dropped sharply to $70,140, falling below key average lines (like the 7-day average at $77,012 and 99-day at $91,385).

Trading volume is high at over 52,000 BTC, which may indicate strong selling. Over shorter periods: down 2% today, 20% in 7 days, 24% in 30 days.

Technical indicators suggest a downtrend, with possible support around $70,000. A recovery to $75,000 might happen if market conditions improve.

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BTC
BTC
61,455.26
-16.04%