BitcoinDay

According to CryptoQuant, the lows of bear markets take time to form, and it stated that US$55,000 is the true bottom or floor of #Bitcoin . The firm insists that this level represents the realized price, which has historically been an important support zone in previous bear markets.

The realized price is a metric that tracks the average price at which investors have bought a specific cryptocurrency that has been touched during the last two lows of the bear market.

CryptoQuant also points out that its bullish/bearish cycle indicator is solely in the bearish phase, and has not yet entered the extreme bearish segment that typically marks the beginning of a low phase.

The #Bitcoin recovered to US$69,000 yesterday, and the recovery coincided with data showing a steady accumulation by smaller holders in February. Some analysts say the breakout could evolve into a broader bullish trend, although other data suggests a longer period of price consolidation will underlie the emerging bullish trend.

If BTC remains above this recovered level, the next internal liquidity zones are near US$71,500 and US$74,000. The 50 and 100 period exponential moving averages are now compressing below the price on the one-hour chart, reinforcing the possibility that short-term momentum will continue.

The dollar is showing a significant loss of value against other major currencies in the world, and this trend is also reflected in its declining share within the global reserves of central banks.

According to The Economist, in the last 12 months the currency has lost around 10% of its value against other currencies and U.S. stocks denominated in euros have hardly risen in the last year.

Furthermore, the tariff policy of President Donald #Trump is causing investors to massively abandon U.S. assets, which is leading to a drop in the value of bonds, stocks, and the currency itself.

According to CryptoQuant, the break of its 365-day moving average is no longer just a technical signal, it marks a clear entry into a new bearish cycle of #Bitcoin . This slip is inserted in a context of a pullback in institutional demand and degraded on-chain signals.

The bullish momentum now seems to be behind, replaced by a market dynamic structured around caution, waiting, and the risk of a prolonged decline. The change is particularly visible from the U.S. side. Thus, the Coinbase premium remains negative, suggesting that U.S.-based institutional buyers are no longer actively supporting prices.

More than US$2 billion in contracts of #Bitcoin are scheduled to expire today, amid extreme volatility and signs of institutional hedging against bearish risks.

Bitcoin is trading at approximately US$65,000, well below its maximum pain level of US$80,000, the point where the largest number of contracts would expire worthless.

Total open interest in Bitcoin reaches 33,984 contracts, with 21,396 bullish and 12,588 bearish. The 🐻/🐮 ratio of 0.59 indicates a predominance of bullish bets, although positioning shows increasing caution.

Stifel analysts predict that #Bitcoin could fall to US$38,000 using an analogy with the movie The Curious Case of Benjamin Button to explain the bearish forecast. The firm maintains that the relationship between bitcoin and the dollar and global money supply has reversed since 2025, with the cryptocurrency now weakening as the dollar strengthens and liquidity tightens.

Analysts assert that the growing correlation of bitcoin with the Nasdaq and growth stocks, combined with the aggressive rate cuts by the Federal Reserve and rising borrowing costs in the tech sector, could deepen the current decline.

The investor who anticipated the 2008 crisis, Michael Burry, warned that the collapse of #Bitcoin could deepen into a death spiral, pressuring companies that accumulated cryptocurrency and forcing liquidations.

Burry argued that cryptocurrency has been exposed as a purely speculative asset that has failed to function as a hedge against devaluation, unlike precious metals.

Selling pressure is decreasing as the Coinbase Premium indicates a return of demand in the US. Network growth and the recovery of liquidity suggest that the recovery of the bullish trend could return soon.

However, the head of research at Galaxy Digital warned that the recent weakness of #Bitcoin could drop further, approaching the 200-week moving average, near US$58,000, in the coming weeks or months. Among the main factors are the decrease in liquidity and the lack of positive short-term catalysts.

The financial landscape has taken a drastic turn at the end of January 2026. After a historic rally where gold surpassed US$5,500, the precious metal suffered a violent collapse of 8% yesterday, unleashing chaos in safe-haven assets.

The loss of US$85,000 as support has opened the door to a test of deep structural supports of #Bitcoin . A failure to maintain US$75,000 could lead to a capitulation towards US$65,000. Bitcoin spot ETFs recorded net outflows of over US$1.1 billion this week.

GameStop has transferred all its holdings of #Bitcoin to Coinbase's institutional trading platform, which has sparked speculation about the possibility that the video game retailer is reconsidering its treasury strategy with BTC.

A total sale at current prices would result in a loss of about US$76 million in GameStop's bet on BTC, as it purchased its 4.710 BTC at an average price of US$107,900.

As Bitcoin remains stagnant below the death cross, Axie Infinity and its token #AXS surge this week as GameFi ignites and whales accumulate. GameFi tokens are recording double-digit gains this week, led by an impressive weekly increase of 131% in Axie Infinity and a very solid bounce in The Sandbox.

This is the kind of movement that reminds people why they got into cryptocurrencies. The AXS token has gone from complete irrelevance to suddenly becoming one of the hottest crypto assets in the entire market this week.

The expiration of options for #Bitcoin concentrates today's attention on the crypto market. Nearly US$1.9 billion in contracts are reaching their expiration, in a context where implied volatility remains high and spot prices are held in sensitive technical areas.

The expiration of options occurs when contracts reach their final date and are settled, either worthless or based on the spot price. This process usually increases volatility due to hedging adjustments and the forced liquidation of positions.

Gold and Silver have reached new highs as safe-haven operations gain momentum amid geopolitical tensions. Gold surged to a historic high above US$4,850, adding US$15 trillion in market capitalization over the past twelve months.

Silver also recorded a new historic high above US$95, extending its increase over the last year to approximately 210%. The two metals have been benefiting from the demand for safe-haven assets amid the unpredictability of President Trump's actions.

The brief glimmer of optimism that propelled #Bitcoin above US$97,000 last week seems to be fading. BTC was recently trading at US$91,000, erasing the gains that had led traders to anticipate a possible trend reversal.

The pullback comes amid a broader risk aversion movement in the markets. The new tariffs from President Donald Trump on European nations due to Greenland's pursuit by his administration have spooked investors, sending capital towards safe havens like gold, which reached a new record of US$4,700 an ounce.

The #Bitcoin dropped approximately 3% to around US$92,500, as a derivatives-driven rally faded, causing liquidations of long positions close to US$600 million and severely impacting major altcoins.

On-chain data from Glassnode and CryptoQuant suggests that the recent advance towards US$96,000 was largely due to thin flows in derivatives rather than solid demand in the spot market, with the supply from long-term holders and the 365-day moving average near US$101,000 acting as key resistances.

The CEO of Bank of America, Brian Moynihan, warns that up to US$6 trillion could flee the traditional banking system to stablecoins if regulators allow them to offer returns to their users. Long live Stablecoin! ❤️‍🔥 Traditional banking trembles! 😅

The price of #Bitcoin rose more than 7% in a week and hovered around the US$97,000 mark. Recent reports suggest that BTC whales are buying, while retail investors are pulling out. The asset's trading volume remained near flat at US$60 billion, indicating subdued trading following the recent sharp rally.

Corporate digital asset treasuries added 260,000 net Bitcoins to their balances in the past six months, far exceeding the estimated 82,000 coins mined during the same period.

In the past six months, treasuries of #Bitcoin in the hands of public and private companies have increased from approximately 854,000 BTC to 1.11 million BTC. This represents an expansion of around 260,000 BTC, with an approximate value of US$25 billion, or 43,000 BTC per month.

BNB Chain's Fermi hard fork activates on Wednesday, reducing BSC block times from 0.75 seconds to 0.45 seconds and strengthening fast finality rules. The hard fork completes the final phase of BNB Chain's "short block interval" roadmap and is presented as a performance and reliability update, rather than a cosmetic adjustment.

The global investment asset management firm with over US$181 billion in assets under management, VanEck, calculated figures to estimate the true price of gold, that is, its price if it were adopted as the global reserve standard, replacing the dollar.

The company completed this exercise as the trend of gold purchases by central banks has solidified. Using the monetary base benchmark, gold would need to trade at US$39,210 per ounce. Additionally, if gold were to become broad money, it would have to trade at US$184,211 per ounce.