🟠 Bitcoin Slides Toward $81,000 as Sell-Off Intensifies
Bitcoin plunged sharply on Jan 29–30, 2026, dropping toward $81,000 amid heavy sell-offs, leveraged liquidations, and risk-off rotation into safe havens. The flagship crypto hit its weakest levels in weeks, reflecting broad market caution and weakening momentum.
Key Facts:
• 📉 BTC fell as low as ~$81,000, a fresh 2026 low after a brutal sell-off, wiping out leveraged positions.
• 📊 Technical indicators show weak momentum (RSI below neutral, MACD bearish), and critical supports near $84K–$86K are under pressure.
• 💸 Crypto market cap shrank notably as wider risk assets sold off; Bitcoin ETFs continue to see outflows while safe-havens like gold rally.
• 🌍 Broader market sentiment remains cautious, with geopolitical tensions and macro risk encouraging flows into traditional stores of value.
Near-Term Levels to Watch:
• 🛡️ Support: ~$80,000–$82,000 (critical psychological zone)
• ⚠️ Key line in sand: $84,000–$86,000 (must-hold or further downside likely)
• 📈 Resistance: $90,000–$94,000 area (if momentum returns)
Market Insight:
This sharp downturn highlights Bitcoin’s sensitivity to macro risk and risk-off rotations. Capital has flowed into safe-haven assets, dragging BTC lower even as broader markets and precious metals exhibit strength. Continued volatility is likely until clear macro direction or liquidity signals appear.
#bitcoin #CryptoMarkets #pullback #SafeHavenRotation #BinanceSquare $BTC