January 30 News, Bitcoin continued to sell off at the end of the New York session, officially breaking below the key support level of $84,000 that has held since November 2025, with a low of $81,000, hitting a two-month low. Data shows that over the past 24 hours, crypto long liquidation exceeded $1.6 billion, with Bitcoin longs losing up to $750 million, and price momentum clearly weakening.
From a technical perspective, the opening price of 2026 at $87,000, the 100-day moving average, and the demand zone between $84,000 and $86,000 have all been broken, indicating that the medium-term trend has shifted downward. Meanwhile, the Fear & Greed Index dropped from 26 the previous day to 16, returning to the “Extreme Fear” zone. Crypto Town Hall analysis states that such sentiment often appears during capitulation sell-offs, usually accompanied by high leverage liquidations.
On the macro level, pressure remains. Economist Timothy Peterson pointed out that US consumer confidence is near historic lows. In this environment, funds tend to avoid risk assets, and Bitcoin lacks upward momentum in the short term. He believes that unless sentiment improves, “an upward cycle will be difficult to establish.”
Regarding future targets, several analysts have provided lower ranges. Daan Crypto Trades believes the price may retest the 200-week moving average, which is currently around $57,974, seen as a long-term value zone. This level coincides with the downward target of the bear flag pattern, implying about a 30% downside potential from the current price.
Another analyst, Keith Alan, pointed out that the current weekly chart structure is similar to the bear market phase of 2021–2022. He expects that even if a short-term rebound occurs, BTC could still fall below $74,000 and further test $69,000; if the decline accelerates, it may even approach the $50,000 range within the year.
Against the backdrop of multiple uncertainties, 2026 is viewed by many institutions as a “continuation of the bear market.” Whether Bitcoin can stabilize still depends on substantial improvements in macro sentiment and capital flows.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Researchers propose a transaction scheme for quantum-resistant Bitcoin without needing a fork
Gate News message, on April 12, a researcher proposed a transaction scheme that enables quantum-resilient protection for Bitcoin without requiring a fork. At present, the quantum computing threat to Bitcoin is still at the theoretical level. Meanwhile, tech companies such as Google and Cloudflare have already begun preparing countermeasures and set a target timeline to complete the migration of quantum cryptography after 2029.
GateNews13m ago
Contract whale “sets 10 big targets first” — the short position is up $3.21 million; the BTC short opening price is $71,554.61.
Gate News message, April 12, according to on-chain analyst Ai Yi (@ai_9684xtpa) statistics, the short positions of the contract whale “first set 10 big targets” (@Jason60704294) are currently up $3.21 million. Of this, the BTC short positions are 2,567.49 BTC, with an opening price of $71,554.61, and an unrealized profit of $1.19M; the ETH short positions are 38,465.22 ETH, with an opening price of $2,248.74, and an unrealized profit of $2.03M.
GateNews24m ago
$789 Million Fresh Capital: Bitcoin ETFs See Highest Weekly Inflow Since February - U.Today
Bitcoin ETFs saw a significant resurgence with $789 million in weekly inflows, the highest since February. BlackRock led the charge, contributing 80% of this total, signaling renewed institutional interest in the market after a period of withdrawals.
UToday27m ago
Strategy Yesterday increased its holdings of 3,447 BTC through STRC, worth $250 million
Gate News message: On April 12, according to @BitcoinArchive monitoring, Strategy added 3,447 bitcoins worth $250 million yesterday (April 11) through its perpetual preferred stock product STRC. This increase is equivalent to the supply of bitcoin mined by the network over the past 8 days.
GateNews32m ago
A certain CEX’s Bitcoin whale inflows for the first time since June 2025 fell below $3 billion
CryptoQuant analyst Amr Taha noted that a major Bitcoin whale inflow to a certain CEX platform first fell below $3 billion; the market value of long-term holders recovered to $49 billion, while short-term holders fell to -$54 billion. This indicates that weak hands are distributing Bitcoin, while long-term holders are re-absorbing it.
GateNews46m ago
Bitcoin Falls Below $71,000, Down 2.65% Over 24 Hours
Gate News message, April 12, market data shows that Bitcoin fell below $71,000, with a 24-hour drop of 2.65%.
GateNews56m ago
