The post Bitcoin Price Hits $72.8k, Bitwise CIO Turns Bearish; Is Sub-$70k Next? appeared first on Coinpedia Fintech News

Bitcoin (BTC) price has led the wider crypto market in a further selloff. After slipping below its crucial buy zone around $80k last week, Bitcoin price extended its selloff today to hit $72,889 on Tuesday, February 3, for the first time since the first week of November. 

Bitcoin Price Falls on Leverage Flashouts

As such, more than 167k leveraged traders were flashed out, with more than $730 million liquidated during the past 24 hours. Out of this, more than $528 million involved long traders, amid the notable decline in Bitcoin’s Open Interest (OI). 

According to market data analysis from CoinGlass, Bitcoin’s OI has continued to shrink since the October 11 crypto capitulation to hover about $52.7 billion at press time.

Source: Coinglass

Bitwise CIO Issues Cautionary Note 

Following today’s BTC price capitulation to $72k today, Matt Hougan, Bitwise CIO, stated that the flagship coin is under the influence of a multi-month bear market. Hougan stated that the Bitcoin price has been in a bear market since early 2025, but the high institutional adoption and regulatory clarity have blinded investors.

“This is not a bull market correction or a dip. It is a full-bore, 2022-like, Leonardo-DiCaprio-in-The-Revenant-style crypto winter set into motion by factors ranging from excess leverage to widespread profit-taking by OGs,” Hougan stated.

What’s Next?

Hougan, however, stated that the Bitcoin bottom is closer as its four-year bear cycle is in the last phase. Moreover, Hougan believes that Bitcoin investors are banking on regulatory progress and high institutional adoption, to drive a bullish rebound ahead.

Source: X

Nonetheless, onchain data from Santiment shows that key Bitcoin investors have been aggressively selling while retail buys-back, a classic sell signal. From a technical analysis standpoint, if Bitcoin buyers fail to defend $73k in the coming day, a further correction towards $69k will be inevitable.

The post Why is Crypto Crashing Again Today and What’s Next? appeared first on Coinpedia Fintech News

The crypto market is under pressure again, with prices sliding sharply during the latest trading session.

Total crypto market value has dropped 3.24% to $2.57 trillion, wiping out nearly $50 billion in a matter of hours. The selloff accelerated after the U.S. market opened, when Bitcoin suddenly fell by around $1,700.

Liquidations Add Fuel to the Drop

The sharp move triggered heavy liquidations.

• Over $55 million in long positions were liquidated in just two hours
  
• Traders betting on higher prices were forced out, pushing prices even lower
  

This happened despite positive news around the U.S. government shutdown, showing that market sentiment remains fragile.

Bitcoin and Ethereum Lead the Decline

• Bitcoin fell more than 4% in 24 hours, trading near $75,700
  
• Ethereum dropped over 6%, falling to around $2,220
  
• Major altcoins like XRP, Solana, and Cardano also moved lower
  

Fear remains high, with the Crypto Fear & Greed Index stuck at 17, deep in “extreme fear” territory.

ETF Outflows and Weak Confidence

One key pressure point has been continued selling from institutional products.

• U.S. spot Bitcoin ETFs have seen about $2.8 billion in outflows over the past two weeks
  
• This steady selling has drained confidence and reduced buying support
  

Oversold conditions and low liquidity made the market vulnerable to sudden drops.

Ethereum at a Turning Point

Ethereum has broken below an important support level, adding to the bearish mood.

• Short-term price trends remain weak
  
• Longer-term trends are still pointing higher
  
• Investors are now watching for a strong support zone to hold before any recovery can begin
  

Analysts say that Ethereum could still outperform Bitcoin later in the cycle, but only if broader market conditions stabilise.

A Sharp Contrast: Gold and Silver Surge

While crypto struggled, traditional safe-haven assets surged.

• Gold is up 11% from its recent low, adding more than $3 trillion in value
  
• Silver has jumped nearly 20%, adding around $800 billion
  

Together, nearly $4 trillion flowed back into precious metals in just 30 hours, a possible sign that investors are seeking safety.

What Should Investors Watch Next?

The next major catalyst will be the upcoming U.S. Federal Reserve meeting, which could set the tone for global markets.

Looking ahead, some research firms have warned that if selling pressure continues and no new catalysts emerge, Bitcoin could slide further and could even hit $58000, with long-term support levels coming into focus.

The post Why Are Bitcoin, Ethereum and XRP Prices Going Down Today Again? appeared first on Coinpedia Fintech News

After a brief recovery yesterday, the crypto market has turned red again.

On Monday, prices moved higher after comments from US President Donald Trump, who said he supports crypto and believes the US must lead in digital assets or risk falling behind China. That statement helped lift market sentiment for a few hours.

But the bounce did not last.

Crypto Market Slips Back Into the Red

At the time of writing, the total crypto market value has fallen 3.95% in the last 24 hours, dropping to $2.62 trillion.

• Market sentiment remains weak
  
• The Fear & Greed Index is at 17, showing extreme fear
  
• Most major coins are still down sharply over the past week
  

Bitcoin, Ethereum and XRP are all trading lower again, along with most large altcoins.

Bitcoin Is Driving the Decline

Bitcoin continues to lead the market lower.

• Bitcoin dominance is near 59%
  
• This means the entire market is closely following Bitcoin’s price moves
  
• When Bitcoin weakens, most other coins fall with it
  

Bitcoin is down more than 11% over the past seven days, keeping pressure on the broader market. Over $55 million worth of long positions were wiped out in just two hours as prices suddenly dropped.

The selloff came despite positive news around the U.S. government shutdown. BTC is currently down by more than 4%.

Ethereum Is Making Things Worse

Ethereum has fallen even harder than Bitcoin.

• Ethereum is down more than 22% in the last week
  
• This sharp drop has hurt confidence across the altcoin market
  
• Many traders remain bearish, with little buying interest visible
  

Because Ethereum has such a large market value, its decline has added to the overall market losses.

Market Is Ignoring Stocks and Gold

Crypto is currently moving on its own, not in line with traditional markets.

• Correlation with the S&P 500 is low
  
• Correlation with gold is negative
  
• This shows crypto is being driven mainly by internal fear and selling pressure
  

What Happens Next?

The market is at a critical level.

• Holding above $2.59 trillion in total market value is important
  
• A break below this level could lead to another sharp drop
  
• Traders are watching US Federal Reserve signals and ETF fund flows for direction
  

Despite supportive comments from political leaders, crypto prices are falling again due to:

• Continued Bitcoin weakness
  
• Heavy losses in Ethereum
  
• Extreme fear among investors
  
• Lack of strong buying demand
  

Until Bitcoin stabilizes and sentiment improves, the market is likely to remain volatile.

The post Iran Crypto Activity Rises Amid Sanctions and Currency Slide as U.S. Treasury Probes Possible Evasion appeared first on Coinpedia Fintech News

Crypto use in Iran is rising as the country faces ongoing U.S. sanctions and a sharp decline in the value of its currency, pushing more people to look for alternative ways for ROI. According to researchers, many users have been moving toward crypto away from local exchanges during recent periods of economic instability. At the same time, the U.S. Treasury is reviewing whether some crypto platforms may be helping users bypass sanctions, following analysis by TRM Labs.

Iran’s $8–10 billion Volume Attracts US Probe

U.S. authorities are looking into whether some cryptocurrency platforms have been used by Iranian officials to get around international sanctions. The review comes as the use of crypto has grown quickly in Iran.

Researchers estimate that crypto transactions in the country reached between $8 billion and $10 billion last year, driven by increased activity from both state-affiliated entities and everyday investors, based on data from TRM Labs and Chainalysis.

Tom Keatinge, director of the Centre for Finance and Security at UK think-tank the Royal United Services Institute, said, “The harder one squeezes the Iranian economy, the more one better be ready to deal with the consequences, one of which is the expanding use of crypto.”

Activity on cryptocurrency networks linked to Iran remained high last year, with TRM Labs estimating roughly $10 billion in transactions, slightly below the $11.4 billion recorded in 2024. Data from Chainalysis shows inflows to Iranian-linked wallets continued to rise, reaching a record $7.8 billion in 2025, compared with $7.4 billion in 2024 and $3.17 billion in 2023.

Also read: Why Iran’s Currency Collapse to ‘Zero’ Could Push Bitcoin Back Above $100K

As crypto use expands, the U.S. Treasury is assessing whether some digital-asset platforms may have helped state-connected actors evade sanctions. Ari Redbord, global head of policy at TRM Labs, said the review is focused on potential efforts to move funds overseas, gain access to hard currency or purchase goods despite restrictions.

US Keeps a Close Watch on Iran

Last week, two UK-based crypto exchanges were sanctioned by the U.S. after authorities said they processed funds linked to the Islamic Revolutionary Guard Corps, according to the Office of Foreign Assets Control. The U.S. also targeted Iranian financier Babak Morteza Zanjani over alleged support for IRGC-linked activities.

Read more: U.S. Treasury Sanctions UK Crypto Exchanges Over Alleged Iran Sanctions Evasion

Researchers say it is extremely difficult to measure how cryptocurrencies are used in Iran, and estimates differ widely on how much activity is linked to the state versus ordinary users. Data from Chainalysis suggests that about half of last year’s crypto transactions were connected to the Islamic Revolutionary Guard Corps, a group with major political and economic influence in the country and close ties to Supreme Leader Ayatollah Ali Khamenei.

Other researchers highlight a very different picture. TRM Labs estimates that most Iran-related crypto flows come from retail investors, although it has still identified thousands of wallet addresses linked to the IRGC and says those accounts have handled around $3 billion in digital assets since 2023.

The post BTC Price Enters Fifth Month of Correction—Is Bitcoin Entering a Bear Phase? appeared first on Coinpedia Fintech News

Despite the recent bounce, Bitcoin (BTC) price action continues to show clear signs of pressure as the correction stretches into its fifth straight month. Every recovery attempt has faced strong supply, with rallies repeatedly stalling below key resistance zones. This behavior points to ongoing distribution rather than a healthy consolidation phase. While buyers are stepping in near the lows, their lack of follow-through has allowed sellers to retain control of the broader trend.

As a result, BTC remains stuck in a corrective structure unless it can reclaim the critical $80,000 resistance with conviction. Until then, the market faces a near-term turning point. Traders are now watching closely to see whether Bitcoin can push above $80,000 this week—or if failure to do so leads to a breakdown below the $77,500 support zone.

Bitcoin Spot Trading Volume Dries Up

Bitcoin’s spot demand drying up is a subtle but meaningful signal—and CryptoQuant’s exchange data makes this clear. When spot volumes fall, it means real buyers are stepping back even if the price hasn’t yet cracked key levels. Historically, strong rallies in BTC have been backed by expanding spot demand on exchanges; without it, upside attempts tend to lack follow-through, and the price becomes more sensitive to headline moves or liquidations.

The CryptoQuant data shows key cycle moments: after the 2019 peak near $14K, spot demand faded, and price entered a prolonged consolidation and pullback; in late 2021, spot volumes dropped sharply after the all-time high, signaling distribution before the broader downtrend; and again in mid-2023, muted spot activity coincided with choppy range-bound price action before volatility picked back up. 

As seen in these historical snapshots, drying spot demand on CryptoQuant typically aligns with consolidation, shaky breakouts, or increased volatility rather than sustained trend extensions.

Bitcoin (BTC) Price Sits on the Edge

The BTC price has been largely volatile since the last few days of January, which appears to have restricted the rally below the key resistance zone. The buyers and sellers are actively contributing, and as a result, volume remains elevated with no major impact on the price. The strength of the rally has been decaying since the start of the month, keeping the rally capped below an important resistance zone between $78,900 and $79,235. 

As reflected on the chart, there has been a clear lack of aggressive buying interest from market participants. Since facing rejection near the $126,219 highs, price action has consistently printed lower highs and lower lows, reinforcing the ongoing bearish structure. This sustained absence of demand supports the view that spot buying interest has largely dried up over the past five months. Meanwhile, the RSI has slipped into oversold territory and is attempting a rebound, hinting at short-term relief potential rather than a confirmed trend reversal.

As a result, the Bitcoin (BTC) price is likely to remain range-bound below the $80,000 mark unless a clear surge in buying pressure pushes the price back above this bearish zone. Until then, any upside moves are expected to face strong selling pressure, keeping the broader corrective phase intact.

The post Bitcoin Price Crash Is Far From Over – Here’s Why appeared first on Coinpedia Fintech News

Bitcoin’s fall toward the $75,000 level did not come as a surprise to analysts. The move was not caused by panic selling or bad news. Instead, experts say the drop is the result of a long-term technical breakdown that has been building for months.

According to analysis shared by The Block Vlog, Bitcoin has shifted from a strong uptrend into a broader correction phase after losing key support levels.

Bitcoin Trend Shift Started in Late 2025

The first warning signs appeared in November 2025, when Bitcoin failed to hold its important $91,000 daily support. This level had supported the bullish trend for weeks.

Once that support broke, the market structure changed. Bitcoin stopped making higher highs and higher lows, confirming that the previous bull market cycle had ended. A rising wedge pattern also broke down, which is often a bearish signal.

At the same time, momentum indicators across higher timeframes turned weak. Weekly momentum slowed, medium-term indicators flipped bearish, and monthly candles began closing below short-term moving averages. Together, these signals pointed to a deeper correction, not just a short pullback.

Why Bitcoin Falling to $75,000 Was Expected

After losing the $91,000 support, downside targets between $76,900 and $71,800 became active. Bitcoin reached the $75,000 zone within days, confirming those technical predictions.

The speed of the drop stood out, especially because it happened over the weekend, when markets usually move more slowly. This suggested strong selling pressure rather than normal profit booking.

Although $75,000 is an important psychological level, analysts say it is not a strong long-term support. From a weekly view, Bitcoin already lost the more critical $85,000 support, leaving the price vulnerable to further declines.

• Also Read :
•   Crypto Rebound: How High Can Bitcoin, Ethereum and XRP Prices Go Next?
•   ,

Ethereum Price Outlook Depends on ETH/BTC Pair

For Ethereum, analysts are paying more attention to the ETH/BTC chart than the dollar price. While Ethereum remains bullish in the long run, it must hold the 0.026–0.029 support range against Bitcoin.

If Ethereum fails to show strength relative to BTC, it is unlikely to outperform Bitcoin in the near term, even if the broader market stabilizes.

What Next For BTC Price?

If the downtrend continues, a larger measured move from the weekly chart points toward the $63,000 region as a possible next target. This does not mean an immediate fall, but it remains a realistic risk if weakness continues.

On the upside, short-term relief rallies may face resistance near $78,500. Stronger selling pressure is expected between $84,500 and $87,200. A rejection from these zones would likely strengthen the bearish trend again.

The bearish outlook would only change if Bitcoin can reclaim and hold above the $93,000–$94,000 range on a weekly close. Until then, analysts expect high volatility, with downside risks still very much in play.

FAQs

The post Bitcoin Price Could Fall to $56,000, Warns Galaxy Digital Head appeared first on Coinpedia Fintech News

After dropping from last week’s high of $90,562 bitcoin price is now facing one of its toughest market phases in recent years. Alex Thorn, Head of Research at Galaxy Digital, the world’s largest cryptocurrency, may fall much lower in the coming weeks. 

He believes Bitcoin could slide toward the $56,000 level as market weakness continues. Here’s Why!

Why Bitcoin Price May Drop to $56,000

According to Alex Thorn, Bitcoin’s recent performance shows clear weakness following a big sell-off in late January. The price fell nearly 15% in one week and dropped to around $74,551, close to its April 2025 low. 

This sudden crash also triggered more than $2 billion in long-position liquidations, one of the largest in Bitcoin history.

Another major concern Thorn highlighted is that Bitcoin has fallen below the average buying price of U.S. Bitcoin ETFs, which is around $84,000. ETF investors are usually long-term holders, so this drop is a negative sign. 

In the last two weeks, Bitcoin ETFs saw outflows of about $2.8 billion, showing weaker confidence from big investors.

What is more concerning is that Bitcoin has failed to rise along with traditional safe-haven assets like gold and silver, which hit new ATHs. This has weakened Bitcoin’s image as a hedge against currency devaluation. 

Nearly Half of Bitcoin Supply Now in Loss

Right now, Bitcoin is trading near $78,392, which is almost 38% below its all-time high of $126,296. Because of this drop, on-chain data shows that around 46% of the total Bitcoin supply is now in loss. This means nearly half of all BTC was last bought at prices higher than today.

In past bear markets like 2015, 2018, and 2022, major Bitcoin bottoms have often formed when the number of holders in profit and loss was nearly equal. 

Right now, it’s moving toward that point, suggesting the market could be nearing a bottom.

• Also Read :
•   Crypto Rebound: How High Can Bitcoin, Ethereum and XRP Prices Go Next?
•   ,

Why Bitcoin Price May Drop to $56,000

Further into the analysis, Alex Thorn noted that Bitcoin has already lost an important technical level, the 50-week moving average. In past market cycles, whenever BTC breaks below this level, the price often falls toward the 200-week moving average.

Currently, the 200-week moving average is near sept 2024 low of $58,000, while Bitcoin’s realized price stands around $56,000. These levels have historically acted as strong long-term support zones, and Thorn believes BTC could test these ranges in the coming weeks or months.

And one of the biggest reasons for this to happen is the supply gap between $70,000 and $80,000, where fewer coins were bought, making support weak. 

If demand doesn’t pick up, Bitcoin could first dip toward $70,000 and then possibly reach $58,000–$56,000, which are strong long-term support levels.

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The post Bitcoin Price Prediction 2026, 2027 – 2030: How High Will BTC Price Go? appeared first on Coinpedia Fintech News

Bitcoin Price Today

Cryptocurrency	Bitcoin
Token	BTC
Price	$78,411.7126 4.20%
Market Cap	$ 1,566,874,278,301.13
24h Volume	$ 59,900,633,562.23
Circulating Supply	19,982,656.00
Total Supply	19,982,656.00
All-Time High	$ 126,198.0696 on 06 October 2025
All-Time Low	$ 0.0486 on 14 July 2010

Bitcoin February Price Prediction 2026

Since late November 2025, consolidation has mainly been within a tight range of $84800-$94500. But this consolidation seems like a big accumulation phase and has been happening near a multi-year trendline support, which feels very optimistic but also gives chills, as this range has built a lot of suspense in the market, too. 

But, like the fall was feared, it happened exactly in the starting days of February, it fell to $74420, which is now a very vulnerable state; another bearish move could extend the crash further. But, if it reverses, then $85K could be an important resistance followed by another resistance at $89K.

Bitcoin Price Prediction 2026

In early February, the BTC price broke the ascending wedge support and dropped to $74420. This confirms the breakdown of this pattern and suggests a further decline is still a possibility if it fails to sustain $74420, but if it makes a comeback hereonward, then the 200-day and 50-day EMA bands are two major dynamic resistance areas. If it breaches this, then an uptrend may have another chance; otherwise, this bull cycle may end, and a downtrend may extend.

Bitcoin (BTC) Price Prediction January 2026: What AI Platforms Project?

Bitcoin Price Onchain Outlook

The on-chain data has showed strong accumulation in 2025 and sustained declines in exchange reserves. Crucially, this confirms the elevated institutional commitment, which is evident even in the US Spot ETFs data figures and the corporate adoption also reinforces this trend, with public company holdings nearly doubling since the start of the year.

Ultimately, a Bitcoin price prediction 2025 suggests that the future potential depends strictly on how sustained buying demand remains, as well as geopolitical stability and regulatory clarity. 

If the current bullish sentiment persists, the BTC price is expected to reach a cycle high target of $150,000. Conversely, should global uncertainty intensify and sentiment turn negative, the downside risk is projected to find strong support around the $70,000 mark.

Also Read: What is Bitcoin? An In-Depth Guide To The King Of Digital Currencies

Bitcoin Crypto Price Prediction 2026 – 2030

BTC Price Forecast 2026

The BTC price range in 2026 is expected to be between $150K and $230K.

BTC Price Prediction 2027

Subsequently, the Bitcoin price range can be between $170K to $330K during the year 2027. 

Bitcoin Predictions 2028

With the next Bitcoin halving, the price will see another bullish spark in 2028. Specifically, as per our Bitcoin Price Prediction, the potential BTC price range in 2028 is $200K to $450K. 

BTC Price 2029

Thereafter, the BTC price for the year 2029 could range between $275K and $640K.

Bitcoin Price Prediction 2030

Finally, in 2030, the price of Bitcoin is predicted to maintain a positive trend. Indeed, the BTC price is expected to reach a new all-time high, ranging between $380K and $900K.

Bitcoin Price Prediction 2031, 2032, 2033, 2040, 2050

Based on the historic market sentiments and trend analysis of the largest cryptocurrency by market capitalization, here are the possible Bitcoin price targets for the longer time frames.

Bitcoin Prediction: Analysts and Influencers’ BTC Price Target

• As per the Bitcoin price forecast by Blockware Solutions, the price of 1 BTC could hit $400,000
• Cathie Wood predicts the price of BTC to achieve the $3.8 million mark by 2030.
• Michael Saylor-led MicroStrategy expects Bitcoin to soar beyond $13 million by 2045.
• ARK Invest has increased its bullish BTC price target to $2.4 million by 2030.

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The post BTC Price Enters a Reset Phase After $74,500 Crash Shakes Market Structure appeared first on Coinpedia Fintech News

BTC price fell sharply to $74,500 over the weekend following a sudden escalation in geopolitical tensions and a sharp rally in the US dollar. The violent move was cruelly responsible for erasing billions in market value, triggering forced liquidations and exposing fragile leverage across crypto markets as risk appetite abruptly vanished.

BTC Price Breakdown Fueled by a Liquidity Shock

The weekend sell-off marked one of the most aggressive downside moves in recent months and as experts hoped for a positive Q1 2026 it didn’t went as planned. As thin liquidity conditions amplified volatility as Bitcoin became a source of immediate liquidity rather than a defensive asset. Contrary to safe-haven expectations, BTC price USD moved in tandem with risk assets like ETH, XRP, and others as traders rushed to reduce exposure.

At the same time, President Donald Trump’s anger over the current Fed chair, Jerome Powell, led to the nomination of Kevin Warsh to the Federal Reserve, which further strengthened the dollar. This surge cruelly pressured traditional hedges as well, with gold and silver experiencing sharp declines post news. In light of this news, automated sell orders cascaded across crypto assets, accelerating the downside.

From a BTC price chart perspective, the speed of the drop suggested forced selling rather than discretionary exits, with leveraged long positions bearing the brunt of the move.

Retail Distribution vs Whale Accumulation

Beyond price action, on-chain data presents a more complex picture. Santiment metrics indicate that retail wallets holding fewer than 1,000 BTC were responsible for the crash as they have been steadily reducing exposure for over a month. This persistent selling aligns with fear-driven behavior often observed during sharp drawdowns.

Meanwhile, larger holders tell a different story. Wallets holding between 1,000 and 10,000 BTC have continued accumulating during the decline. This divergence suggests that while sentiment among smaller participants has deteriorated, but larger investors may be treating the drawdown as a rebalancing phase rather than an exit signal. 

That said, this accumulation has not yet translated into visible price support, highlighting the scale of selling pressure still present from retailers.

Derivatives Market Shows a Forced Reset

From a derivatives standpoint, the BTC crypto market has undergone a rapid reset. CryptoQuant data shows open interest collapsing from nearly $47.5 billion in late 2025 to roughly $24.6 billion, a drawdown of almost 50%. This signals the near-total removal of speculative leverage that previously supported higher prices.

Funding rates further confirm the shift. Rates plunged deep into negative territory, reaching levels not seen since September 2024. A reading near -0.008 reflects aggressive short positioning and the complete loss of short-term bullish control.

Meanwhile, the Coinbase Premium Index has remained deeply negative. This suggests that US-based institutional and professional traders continue to lead the selling pressure, reinforcing the lack of domestic demand.

Miner Capitulation Adds Structural Pressure

Still, pressure has not been confined to traders alone. The Bitcoin network has seen an estimated 30% drop in hashrate, pointing to meaningful miner capitulation. Rising miner outflows indicate a transition from holding mined BTC to active liquidation.

From a structural angle, miner selling typically accompanies periods of margin stress and declining profitability. While painful, these phases often coincide with broader market resets rather than trend continuation.

The post Crypto Rebound: How High Can Bitcoin, Ethereum and XRP Prices Go Next? appeared first on Coinpedia Fintech News

The crypto market has turned green over the last 24 hours, offering some relief after a sharp sell-off earlier this week. Total market value has climbed back to around $2.66 trillion, while sentiment remains careful, with the Fear and Greed Index still deep in “extreme fear” territory.

Bitcoin Finds Support Above $75,000

Bitcoin is trading near $78,700, staying above the $75,000 level, which many analysts see as a weekly support. This zone was tested recently, and so far, buyers have managed to defend it.

On the weekly chart, Bitcoin has slipped below both the 20-week and 50-week moving averages, which is typically a bearish signal. However, this does not automatically mean a long-term bear market. It can also happen after a heavy correction.

One possible scenario is that $75,000 becomes the bottom, with Bitcoin holding the April 2025 low and forming a higher low. If that happens, the broader uptrend of higher highs and higher lows would remain intact, and the recent drop would be seen as a pullback rather than a trend break.

For a stronger bullish signal, Bitcoin would need to reclaim and close above the 50-week moving average, currently near $100,400. A clean weekly close above that level would suggest momentum has shifted back in favor of buyers.

Ethereum Holds Near Important Levels

Ethereum has rebounded to around $2,370, after recently trading near levels that some analysts had flagged months in advance as potential support. Activity on the Ethereum network is reportedly picking up, with increased on-chain usage as traditional financial players continue building infrastructure.

While Ethereum is still down significantly from recent highs, the current bounce has raised hopes that a short-term bottom may be forming if prices can hold above the $2,300–$2,400 zone.

XRP Shows Strong Support

XRP is trading around $1.64, with strong demand seen between $1.60 and $1.65. This area has been tested multiple times, and buyers continue to step in, suggesting a solid base is forming.

If this support holds, analysts say XRP could attempt a move back toward $2.00, with $3.00 or higher possible over time if overall market conditions improve. 

What’s Driving the Market Mood?

Recent selling pressure was fueled by ETF outflows, signaling institutional investors were reducing exposure. A hotter-than-expected inflation report and uncertainty around US monetary policy also weighed on risk assets.

However, some market watchers believe the worst may be over. Veteran strategist Tom Lee has said crypto may have just bottomed, pointing to a rare alignment of time and price targets, along with rising activity on Ethereum.

The post Bitcoin Price Prediction: Will BTC Hold $75K Support or Break Lower? appeared first on Coinpedia Fintech News

Bitcoin is showing early signs of stabilising after bouncing from its recent April low, but analysts say price action remains fragile and important levels will decide what happens next. For now, the market is still trading below major resistance, meaning the correction may not be fully over yet.

Bitcoin Holds April Low, but Bounce Is Limited

Bitcoin recently defended the April 2025 low, which has acted as an important short-term support. Buyers stepped in near this level, triggering a modest bounce. However, analysts stress that this move is not a strong recovery yet, but rather a normal reaction after a sharp sell-off.

At current levels, Bitcoin remains trapped below resistance, suggesting the market is still in a corrective phase rather than a confirmed uptrend.

$74,000–$75,000 Still a Key Downside Zone

On the downside, there is focus on the $74,000 to $75,000 range. This zone has been watched closely for weeks as a potential area where Bitcoin could form a more meaningful low. A brief dip below the April low into this range is still considered possible, especially if broader market weakness continues.

Such a move would not necessarily be bearish long term. In fact, a final dip could help clear remaining selling pressure before a stronger bounce develops.

$80,500 Is the Level That Matters Most

On the upside, $80,500 is now the most important price to watch. A clear break above $80,500, especially if followed by continued strength, would be the first real sign that Bitcoin’s low is likely in place.

An ideal scenario would be a breakout above this level, followed by a shallow pullback that holds above support. That would mean buyers are gaining control and price is ready to move higher.

Oversold Signals Support a Short-Term Bounce

Technical indicators show Bitcoin is deeply oversold, even more than during some previous market pullbacks. Historically, such conditions often lead to short-term relief rallies, although these rallies can be choppy and unstable at first.

Because of this, Bitcoin may attempt several bounces before a clear trend emerges. Early rallies can fail, so confirmation through price structure is critical.

While further downside toward the mid-$70,000s cannot be ruled out, risk is becoming more balanced between buyers and sellers.

In the coming days, all eyes will be on whether Bitcoin can hold above support and eventually reclaim $80,500. Until then, volatility is likely to remain high, and traders are advised to watch price levels closely rather than rely on sentiment alone.

The post Analyst Reveals What’s Next For Bitcoin, Gold and Silver appeared first on Coinpedia Fintech News

Markets are under heavy pressure as crypto and precious metals have dropped sharply, triggering what analysts are calling a short-term market emergency. Bitcoin, gold, and silver have all seen steep declines, leaving investors focused on price levels that could decide what happens next.

Gold Sees Sharp Drop, Bounce Levels in Focus

Gold has fallen around 16% from recent highs, a move that surprised many traders. According to analyst Dylan, the first important bounce zone sits near $4,780, where gold has already shown some buying interest. If prices rebound further, the $5,130–$5,140 range is being watched closely, as it could act as a strong resistance area where selling pressure returns.

If gold weakens again, deeper support is seen near $4,700, and lower down around $4,550 to $4,480, where the 50-day moving average sits. These zones could attract buyers if broader market weakness continues.

Silver Crashes Harder Than Gold

Silver has taken an even bigger hit, falling nearly 38% from its highs. The sharp drop punished late buyers, but silver did manage a short-term bounce from its 50-day moving average. The most important support level now is around $70, which analysts describe as a “must-hold” zone. If silver fails to hold there, downside risk increases.

On the upside, resistance is expected near $92 and $98, where any short-term rally could face selling. In the near term, silver may see quick rebounds, but analysts warn these could be temporary in a volatile environment.

Bitcoin Under Pressure, Key Levels Ahead

Bitcoin is also facing strong selling pressure. On longer time frames, the analyst says $78,000 to $75,000 is the first major support zone to watch. A bounce from this area is possible, but it may only be short-lived. If selling continues, Bitcoin could dip toward the $70,000 area, and in a more extreme case, even the mid-$60,000 range.

On a monthly view, deeper downside zones around $57,000 to $50,000 are also being discussed as possible future bounce areas if market stress continues.

Bearish Mood Could Set Up Short-Term Bounces

Market sentiment is extremely negative right now, with fear spreading across crypto and metals. Such “peak fear” conditions sometimes lead to short-term relief rallies, even if the broader trend remains uncertain.

The next moves in Bitcoin, gold, and silver are likely to depend on how markets react around these critical price zones in the coming days.

The post Bitcoin Price Taps $75,000—Peter Brandt Warns of a Possible Drop to $54,000 appeared first on Coinpedia Fintech News

The crypto market has entered a sharp corrective phase, dragging the cryptos from the recent highs. As predicted, the Bitcoin price dropped to $75,000 in early February as the selling and liquidations reached peaks. Initially, it appeared to be a routine pullback, which further transformed into a broader sell-off. This is reflecting the weakening prices, fading momentum, and rising volatility across the market. 

Investor sentiment has turned cautious as key technical levels come under pressure, prompting traders to reassess near-term expectations. With Bitcoin acting as the market’s anchor, its decline has amplified downside moves across the crypto ecosystem, setting the stage for a critical period ahead.

Peter Brandt Flags Breakdown Risk as Bitcoin Slips Below Key Structure

According to veteran trader Peter Brandt, the daily Bitcoin chart is showing a decisive structural breakdown rather than a routine pullback. The price has slipped below a rising consolidation channel that previously acted as a pause within a broader downtrend. This breakdown is accompanied by continued rejection near the declining moving average, reinforcing bearish control. 

Brandt highlights that failed recoveries and lower highs suggest distribution rather than accumulation. Based on the measured move from the pattern, the chart points toward a potential downside extension toward the $54,000 zone, with limited intermediate support visible. Unless Bitcoin swiftly reclaims the broken structure, the technical bias remains tilted firmly to the downside.

The Bottom Line!

Bitcoin remains under firm bearish control after losing the $78,000–$80,000 support zone, with price now trading below its short-term and medium-term moving averages. As per the chart shared by Peter Brandt, the confirmed breakdown from the rising consolidation structure opens downside risk toward $66,500 as an interim support, followed by the major bearish target near $54,000 based on the measured move. 

On the upside, Bitcoin (BTC) price must reclaim $83,500–$85,000 on a daily closing basis to invalidate the bearish setup. Until that happens, any bounce toward $80,000–$82,000 is likely to be corrective, keeping the broader bias tilted toward further downside extension.

The post Why is Bitcoin Price Going Down Today? appeared first on Coinpedia Fintech News

The crypto market is under heavy pressure today, with prices falling sharply over the weekend and investors asking one question: what went wrong? The answer lies in a mix of forced selling, weak demand, and price levels breaking all at once.

The total crypto market value has dropped to around $2.6 trillion, down nearly 5% in the last 24 hours. Bitcoin, which was trying to hold above $78,000, has now slipped below that level, adding to market fear. Many traders are now watching the next major support near $75,000.

The biggest driver of today’s crash is liquidations. In just 24 hours, more than $2.58 billion worth of crypto positions were wiped out. This happens when traders use borrowed money and prices move against them, forcing exchanges to close positions automatically.

Weekend Trading Made It Worse

Weekend markets usually have lower trading volume and thinner liquidity. That means fewer buyers are available when prices start falling. As Bitcoin dropped below key levels, sell orders piled up quickly, pushing prices down faster than usual.

Bitcoin Breaks Key Levels

Bitcoin falling below $78,000 was a major technical trigger. This level had been acting as short-term support. Once it broke, many traders exited positions. Bitcoin is also testing an important long-term support level when compared to gold, making this zone critical.

If Bitcoin fails to hold near current levels, analysts see $75,000 as the next strong support. A break below that could bring even more selling.

Altcoins Hit Harder

Altcoins are feeling even more pain:

• Ethereum is down sharply over the week, losing more than 20%
  
• XRP, Solana, and BNB are all deep in the red
  
• The CoinMarketCap 20 Index is down over 14% in seven days
  

Market Fear Is Extreme

Investor sentiment has collapsed. The Fear and Greed Index is at 18, which signals extreme fear. Technical indicators show most coins are now oversold, meaning prices have fallen very quickly in a short time.

Weak Demand Adds Pressure

On top of liquidations, demand has been weak. Large investors have been cautious, and there has been no strong buying support to absorb the selling. When forced liquidations meet low demand, prices fall fast.

What Happens Next

The market now depends on whether Bitcoin can stabilise above $75,000. If selling slows and liquidations dry up, a short-term bounce is possible. But if fear continues and key supports fail, volatility could remain high in the coming days.

For now, the weekend crash shows how quickly crypto markets can turn when leverage, fear, and low liquidity collide.

The post Bitcoin Price Prediction: Is a Direct Drop to $75,000 Next? appeared first on Coinpedia Fintech News

Bitcoin is at a crucial stage on the higher time frame charts. The broader structure still allows one final dip before a more stable base is formed. This aligns with earlier projections for early 2026, where prices were expected to make another low before any sustained recovery begins.

At current levels, Bitcoin may still revisit recent lows, with the $75,000 area emerging as an important zone to watch. Such moves are often seen near the end of corrective phases, where prices briefly fall lower before finding support.

What the Charts Are Signalling

Bitcoin remains close to levels that have historically marked important market bottoms. The Relative Strength Index (RSI) on this timeframe is nearing zones last seen during major downturns, suggesting selling pressure has already done significant damage.

On the daily chart, RSI has already moved into deeply stretched territory. In past cycles, similar conditions often appeared near points where prices later bounced. While this does not confirm an immediate recovery, it indicates that downside may be becoming limited.

Short-Term Levels That Matter

Despite a small rebound, analysts say Bitcoin has not yet confirmed a clear low. The recent move higher still looks like a short-term bounce rather than a full trend shift.

A first positive signal would be a sustained move above $80,000, followed by higher lows. A stronger confirmation would come if Bitcoin manages to break above $84,500, which could open the door to a broader recovery phase.

What Happens If Support Breaks

If Bitcoin fails to hold current support levels, another drop remains possible. In that case, the market could slide toward $75,000 before finding stronger buying interest. This zone is being closely watched as a potential area where prices could finally stabilise.

The post Why are Bitcoin, Ethereum and XRP Prices Crashing Today? appeared first on Coinpedia Fintech News

The crypto market is facing a major sell-off today, with total market value dropping to $2.66 trillion, down more than 6% in the last 24 hours. Bitcoin, Ethereum, XRP and other major cryptocurrencies have all fallen sharply, wiping out nearly $500 billion from the market in just a few days.

The biggest reason behind this fall is global uncertainty around interest rates. Investors turned bearish after news related to a new US Federal Reserve leadership appointment, which raised fears that future monetary policy could stay tighter for longer. When interest rates are expected to remain high, risky assets like crypto usually suffer, as investors move money into safer options.

This macro-driven fear pushed both stock markets and crypto lower at the same time. Over the past week, crypto prices have shown a strong link with US equities, showing how closely digital assets now react to traditional financial markets.

The decline was made much worse by massive liquidations. As prices started falling, leveraged traders were forced out of their positions. Over the last three days, nearly $5 billion worth of leveraged long and short positions were liquidated. When this happens, exchanges automatically sell assets to cover losses, which adds extra selling pressure and accelerates the crash.

Ethereum has been hit particularly hard. Reports of large unrealised losses held by institutional players increased fear around ETH, dragging down the wider altcoin market. As Ethereum weakened, confidence across the market dropped further.

Here’s how major cryptocurrencies were affected:

• Bitcoin fell around 13%, losing nearly $265 billion in market value.
  
• Ethereum dropped about 25%, erasing roughly $91 billion.
  
• XRP declined close to 22%, wiping out around $24 billion.
  
• Solana crashed more than 23%, losing about $16 billion.
  

Market sentiment has turned extremely bearish. The Fear and Greed Index has slipped to 18, a level classified as Extreme Fear. Many technical indicators now show the market is oversold, meaning prices may have fallen too fast in a short time.

Looking ahead, the short-term outlook depends on whether Bitcoin can hold the $77,000 support level. If that breaks, further downside is possible. Investors are also closely watching upcoming signals from the US Federal Reserve, which could determine whether markets stabilise or see another wave of selling.

The post Top Reasons Why Bitcoin Price Could Retest $75,000 in Early February appeared first on Coinpedia Fintech News

Bitcoin price has entered a cautious phase after failing to hold its recent recovery, with price action gradually tilting back toward the downside. The pullback has been controlled rather than panic-driven, but signs of weakening demand are becoming harder to ignore. Spot buying remains limited, leverage continues to unwind, and sellers are still active beneath the surface. Together, these signals raise the likelihood of Bitcoin revisiting lower support levels, with the $75,000 region now emerging as a key area to watch as early February approaches.

Open Interest: Leverage Steps Back, Not In

Open interest across exchanges has declined sharply, signaling broad deleveraging rather than aggressive dip-buying. This drop suggests traders are closing positions instead of building fresh longs to defend current levels. Importantly, open interest has struggled to recover alongside price, reinforcing the idea that conviction remains weak. 

When leverage exits the market without being replaced, the price often drifts toward the next support zone. This behavior aligns with the broader correction seen on the price chart and adds weight to the bearish near-term outlook.

Exchange Reserves: Spot Supply Gradually Increases

Exchange reserve data shows Bitcoin balances ticking higher after a prolonged period of decline. While this does not point to panic selling, it does indicate that more BTC is becoming available to sell. 

In past cycles, rising reserves during a corrective phase have often coincided with extended pullbacks rather than quick reversals. With spot supply increasing and no clear signs of aggressive accumulation, downside pressure remains a real risk if demand does not improve.

Spot Taker CVD: Sellers Still Have the Upper Hand

Spot taker CVD reinforces this cautious view. Over the past several months, sell-side market orders have dominated, and while selling pressure has eased slightly, buyers have yet to take clear control. 

The lack of a strong bullish shift in CVD suggests that recent stabilization is more about sellers slowing down than buyers stepping up. Without sustained spot buying, any bounce is likely to remain corrective rather than trend-changing.

Is Bitcoin (BTC) Price Heading to $75,000?

Ever since the BTC price dropped below $100,000, it has slipped into extreme bearish conditions. It broke down below the rising wedge, which has been the start of a strong descending trend. 

After breaking the wedge, the BTC price has also completed a small upside correction that resulted in a fresh descending trend. Meanwhile, the weekly RSI is also heading towards the lower threshold, indicating Bitcoin is yet to mark the bottom. Considering the chart structure, the next strong support is just below $75,000, at around $74,500, which could be the range where buyers may take control. 

Conclusion: What Comes Next for Bitcoin?

Taken together, price structure, derivatives positioning, and spot market behavior all lean toward further downside exploration. Bitcoin does not appear to be in a capitulation phase, but it also lacks the conditions typically seen at durable bottoms. Unless spot demand strengthens and leverage begins to rebuild alongside rising prices, Bitcoin may continue drifting lower toward the $74,000–$76,000 support zone. A bounce from there is possible, but for now, the data supports caution rather than optimism.

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