Bitcoin got off to a rough start in February as negative sentiment persisted and market liquidity weakened. However, the latest data suggests that selling pressure is gradually easing, while early signs of recovery are emerging. These signs are not yet strong enough to confirm a reversal, but they remain some of the few positive signals
Bitcoin ($BTC) experienced a significant drop from the $80,000 level, falling as low as $74,500. Some argue that this decline is a correction, while others see it as a sign of a bear market. At this point, market analysts James Van Straten and Omkar Godbole predicted that Bitcoin could be in a bear market and
Bitcoin could continue its downtrend as there are few catalysts to reverse the cryptocurrency’s fortunes, says Galaxy Digital research lead Alex Thorn. Thorn said in a note on Monday that there is a “significant chance” that over the coming weeks, Bitcoin ($BTC) could fall to the bottom of a gap in supply at $70,000 before
The head of Britain’s largest corporate Bitcoin holder remains defiant in the face of a brutal market correction. He has pledged to continue his aggressive accumulation strategy despite seeing nearly $100 million wiped off the value of his firm’s holdings in just three months. Andrew Webley, CEO of the Smarter Web Company, told reporters on
As selling pressure deepens in the cryptocurrency market, Alex Thorn, Head of Research at Galaxy Digital, shared a noteworthy assessment regarding the sharp drop in Bitcoin. According to Thorn, Bitcoin lost 15% of its value between Monday, January 28th and Saturday, January 31st, and the decline accelerated towards the weekend. On Saturday alone, a 10%
Since last week, the Bitcoin price has dropped from $90,438 to $78,193, registering a loss of roughly 13%. Galaxy Digital’s Alex Thorn expects potential stabilization near $70,000. The momentum indicator RSI at 30% accentuates oversold sentiment in short-term trend, bolstering the potential for a post-correction pullback. The Bitcoin price jumped over 2.3% during Monday’s U.S.
Bitcoin’s latest sell-off is sharpening a familiar market debate over whether the move reflects short-term positioning and liquidity stress, or signals a deeper erosion of Bitcoin’s thesis as a store of value. Analysts broadly agree the drawdown is cyclical rather than structural, but diverge on what comes next and whether Bitcoin is still positioned to
Bitcoin slipped below the $80,000 level over the weekend as selling pressure intensified across global markets. Reinforcing a climate of uncertainty that has weighed heavily on risk assets in recent weeks. The move came amid broad weakness in equities, elevated volatility, and declining liquidity conditions, pushing many investors into a defensive posture. While the price
Current on-chain data weakens the case for a healthy market pullback, according to CryptoQuant analyst Woo Minkyu, who noted rising supply in loss as a key warning indicator. “Losses are spreading across the supply, even without clear panic yet. This suggests the market is weakening structurally, rather than resetting for another expansion,” Minkyu wrote in
Bitcoin’s latest drawdown is being framed less as a technical breakdown and more as a liquidity problem, with Ki Young Ju arguing that the key inputs that sustained the rally fresh capital inflows have stalled. In that setup, he says, calls for a full-cycle, -70% style capitulation hinge on a single variable: whether Strategy turns