๐ Connect the Dots: Master the Full Macro Picture To make an informed vote, you need to see both sides of the coin. The market isn't moving in a vacuumโit's a tug-of-war between traditional currency shifts and technical price walls. Iโve broken down the two biggest drivers of this move in my recent deep dives: 1. The Dollar Factor : Discover how the crashing US Dollar is creating a "liquidity lifeboat" that could propel Bitcoin past $90K. 2. The 62K Floor Analysis : Understand the historical on-chain indicator that suggests we might have one last scary drop before the moon mission.
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๐ณ๏ธ VOTE: Where is Bitcoin Heading Next? ๐๐ The charts are at a crossroads. Some indicators point to a $62K "shake-out", while others see the path to $100K wide open. Which side are you on?
Hereโs Why Bitcoin Fall Below $80,000 Could Be A Deep Pit โ Analyst
In the past few hours, $BTC has dropped below $80,000 ๐ amid another wave of liquidations as January comes to a rather volatile close. Analysts at Kobeissi note there have been three notable liquidation events in the past 12 hours, resulting in a combined loss of $1.3 billion ๐ฅ. Such developments, coupled with a very fearful market ๐จ after last weekโs price slump, have pushed Bitcoin below a key price level. According to the renowned market expert Burak Kesmeci, Bitcoinโs behavior towards this $80,000 price zone holds significant consequences for the market trajectory.
Bitcoin Slips Under ETF Realized Price As Downside Risk Grows โ ๏ธ In a recent X post, Burak Kesmeci outlines the technical and on-chain importance of the $80,000 price level to the $BTC market. Before Bitcoinโs recent breakdown below $80,000, the asset had twice retested this zone following the correction phase that began in early October 2025. Each successful rebound from these retests reinforced $80,000 as a critical support level, with certain chart formations even hinting at potential trend reversal ๐. This underscored the marketโs technical sensitivity to this level before the recent loss. However, Kesmeci highlights an on-chain importance of the $80,000 price point in that it also functions as the cost basis of the Bitcoin Spot ETFs. Therefore, the recent price fall below $80,000 places a large cohort of institutional investors at risk of entering unrealized losses. In January 2026 alone, the Bitcoin ETFs already witnessed massive levels of withdrawals, resulting in a total net outflow of $1.61 billion ๐ฆ. However, these figures are likely to surge higher as sustained price decline below the ETF cost basis is expected to trigger a wide-scale, panic-driven redemption among investors. In addition to its on-chain and technical importance, Kesmeci also notes that $80,000 presently functions as the True Market Mean.
What Next For Bitcoin? ๐ According to Burak Kesmeci, a bearish scenario would require a weekly close below the $80,000 support level. If confirmed, the analyst warns that bearish momentum could intensify, potentially driving Bitcoin lower toward $72,000, $68,000, and eventually $62,000 in sequence. This is because these levels align with notable volume profile clusters, representing potential areas where liquidity could accumulate.
Conversely, in a bullish scenario ๐, Kesmeci notes that a sustained rebound from current levels could shift momentum back in favor of the bulls. The first major upside hurdle lies at $90,000, followed by the 111-period Simple Moving Average (SMA111) near $95,000, which is described as a critical level for confirming a medium-term trend reversal. A decisive break above the psychological $100,000 resistance would further strengthen the bullish case and signal a potential resumption of the broader uptrend ๐. At press time, Bitcoin trades at $78502.06, reflecting a 5.53% loss in the past 24hrs.
India Budget LIVE: Will the Government Rethink Cryptoโs 30% Tax Today?
India Budget 2026:ย Crypto Tax Data Shows Investors Paid Tax Even After Losses New data shows a growing gap between crypto trading outcomes and tax liability. While high-activity traders contribute most of the TDS, thin profit margins mean both active and retail investors are facing liquidity pressure. In FY 2024โ25, investor results were almost evenly split, with 50.91% reporting net gains and 49.09% ending the year with net losses. Despite this, taxable capital gains rose to โน3,722 crore, even though actual net profits were lower. Investors who collectively recorded โน1,178 crore in net losses still paid tax on โน180 crore of gains, as current rules do not allow losses to be set off. February 1, 2026 06:51:22 UTC India Budget 2026:ย Buybacks to Be Taxed as Capital Gains for All Shareholders The government has announced a change in how share buybacks will be taxed. Union Finance Minister Nirmala Sitharaman said that buybacks will now be treated as capital gains for all shareholders. The move is meant to stop the misuse of tax benefits through buybacks. Promoters, in particular, will have to pay more tax on buyback income. Corporate promoters will be taxed at 22%, while non-corporate promoters will face a 30% tax. The new rule aims to make buyback taxation more uniform and reduce tax loopholes. February 1, 2026 06:14:23 UTC India Budget 2026:ย Indiaโs Crypto TDS Mismatch Leaves Traders Owed Crores in Refunds Indiaโs crypto ecosystem saw โน511.83 crore collected as TDS in FY 2024โ25, but new data highlights a growing mismatch between tax deducted and actual tax owed. KoinX users alone contributed โน130.16 crore, or 25.43% of total collections, even though their final tax liability stood at only โน91.64 crore. This resulted in an estimated โน38.52 crore locked in excess TDS and potential refunds. The imbalance appears widespread. Over 30% of TDS deductions exceeded tradersโ final tax dues, while nearly half of all TDS-paying users ended the year with net capital losses. At the same time, trading activity remains highly concentrated, with less than 5% of traders accounting for 87% of total TDS collections. February 1, 2026 05:31:02 UTC India Budget 2026:ย New Data Fuels Calls to Reform Indiaโs Crypto Tax Regime As the Union Budget 2026 approaches, Indiaโs crypto industry is calling for a more outcome-based tax framework, including rationalisation of the 30% capital gains tax, permission to offset losses, and a review of the 1% tax deducted at source (TDS) on crypto transactions. These demands are supported by Indiaโs Crypto Tax Story 2025, a new report by KoinX, which analyses anonymised data from nearly 7 lakh Indian crypto users in FY 2024โ25 and shows how current tax rules often diverge from actual investor outcomes. February 1, 2026 05:09:14 UTC India Budget 2026:ย Crypto Rules Must Shift Beyond Tax and Enforcement, Manhar Garegrat, Country HeadโIndia at Liminal Custody, said Indiaโs crypto policy needs to move toward market structure and sustainability, warning that current tax frictions are pushing compliant trading activity offshore. He urged Budget 2026 to rethink transaction-level taxes and consider a VDA transaction tax model to keep crypto activity onshore, transparent, and economically viable. February 1, 2026 05:09:14 UTC India Budget 2026:ย Will Crypto Take Center Stage? Crypto and Bitcoin taxes are in focus today, with expectations of rationalisation and clearer rules rather than any expansion of the 30% levy, even as the government has not yet signaled formal changes.
Crypto market crash today: reasons why altcoins are going down
The crypto market crash accelerated during the weekend, with $BTC moving below the key support level at $80,000 ๐ป for the first time in months. It was trading at $78,678 on Sunday ๐, down sharply from its all-time high of $126,300 ๐โก๏ธ๐. $ETH price crashed to $2,400 โ ๏ธ, while $BNB fell to $770 ๐ฅ. The market capitalization of all tokens dropped by over 5.80% in the last 24 hours โฑ๏ธ to $2.67 trillion . This article explores some of the top reasons behind the ongoing crypto crash ๐. Crypto market crash happened after Trump nominated Kevin Warsh ๐๏ธ One of the main reasons behind the ongoing crypto market crash is that Donald Trump nominated Kevin Warsh to become the next Federal Reserve Chair when Jerome Powellโs term ends in May ๐ . Warsh has recently supported the crypto industry ๐ช. However, his support was likely because he really wanted the Federal Reserve Chairman job ๐ฏ as he has previously blasted the industry โ. The same is true with his views on interest rates ๐. In his recent interviews, he has come out in support of lower interest rates ๐. In reality, however, Warsh has always been an interest rate and inflation hawk ๐ฆ . He voted against interest rate cuts and quantitative easing policies in 2011 โณ. Most importantly, he has always maintained his opposition to quantitative easing ๐ซ๐ฐ. Therefore, analysts believe that Warsh will maintain a hawkish view ๐ฆ when he moves to the Federal Reserve just as Jerome Powell did โ ๏ธ.
Soaring liquidations fuelled the crypto crash ๐ฃ๐ The other main reason for the crypto market crash is the soaring liquidations ๐ฅ and falling futures open interest ๐. Data compiled by CoinGlass ๐ shows that the futures open interest dropped by 10% in the last 24 hours โฑ๏ธ to $113 billion ๐ต. At the same time, liquidations jumped by 348% ๐ in the last 24 hours to over $2.5 billion ๐ฅ, the biggest increase in months โ. Ethereum liquidations jumped to over $1.1 billion โ ๏ธ, while Bitcoin rose to over $785 million ๐ฃ. Solana positions worth over $197 million ๐, while XRP positions worth $61 million โ were liquidated. These liquidations brought memories of October 10 ๐ง when the crypto market experienced the biggest liquidation on record ๐. Positions worth over $20 billion ๐ were wiped out on October 10 when Donald Trump threatened to impose tariffs on China ๐จ๐ณโ ๏ธ.
Rising geopolitical tensions ๐๐ฅ The crypto market crash is happening because of the rising geopolitical tensions between the United States and Iran โ๏ธ. Trump has threatened to attack Iran soon ๐จ because of the recent protests in the country ๐ชง. An attack on Iran would be bearish for the crypto market ๐ because of the impact on the energy market โก. Data shows that Brent, the global benchmark ๐ข๏ธ, has jumped to $70 for the first time in months ๐. The crypto market crash is also happening because Bitcoinโs role as a safe-haven asset has been debunked โ๐ก๏ธ. Instead, investors have moved to other safe-haven assets like the Swiss franc ๐จ๐ญ and gold ๐ช, which have soared in the past few months ๐.
Bitcoin price technicals have contributed to the crash ๐โ ๏ธ
Technicals have also contributed to the ongoing crypto crash ๐งฉ. The weekly timeframe chart above shows that the coin formed a rising wedge pattern ๐. It also formed a bearish flag pattern ๐ฉ, and moved below the 50-week Exponential Moving Average (EMA) ๐ and the Supertrend indicator ๐ป. This pattern often leads to more downside โฌ๏ธ, which will lead to more downside for Bitcoin and the crypto market โ ๏ธ๐.
A new ATH for Haedal in 2026? Analysis of a possible scenario
At first glance, HAEDAL is often summarized as 'a liquid staking protocol on Sui. But in reality, 2025 marked a turning point: the protocol has evolved beyond liquid staking to become a true yield infrastructure, combining staking, liquidity provision, on-chain trading, and DeFi incentives to maximize capital efficiency. With nearly one million users, real volumes, revenues reinvested into the ecosystem, and sustained DeFi activity on Sui, the question is no longer just what Haedal is today, but what it could become if the current momentum continues.
๐ Market Chaos: Bitcoin Dumps 7% โ Soโฆ Genius Dip or Total Trap? ๐๏ธ๐ฅ
Woke up confident. Checked the charts. Instant regret. ๐ญ If your portfolio is bleeding this morning, congratsโyouโre officially part of Fridayโs crypto massacre. Bitcoin slid 7% to the $82K zone, and no, this wasnโt โjust a random wick.โ While some of you were tweeting ๐, macro news said โsit down.โ Letโs break the chaos downโthen you tell us where BTC is heading next. ๐๐ ๐๏ธ 1. The TrumpโFed Plot Twist Nobody Priced In ๐ Yes, politics just smacked crypto again. What happened? Trump announced a nominee to replace Fed Chair Jerome Powell โ Translation: uncertainty on rates, liquidity, and money printing = traders panic ๐ฆ๐ฌ US shutdown averted (sounds bullish, right?) โ Dollar went up ๐, Bitcoin went down ๐ (classic DXY vs $BTC fight) If you didnโt see volatility coming hereโฆ be honestโwere you even watching macro?๐ 2. The $1.75 BILLION Liquidation Bloodbath ๐ธ๐ฉธ This wasnโt selling. This was forced liquidation carnage. In just 24 hours: ๐ฅ $1.75B liquidated ๐ $1.65B were longs (yes, the โBTC only goes upโ crowd) ๐งน 276,000 traders nuked Bitcoin alone took $826M in damage. ETH, SOL, XRP followed like dominoes. If you were 20x longโฆ we already know how your morning went. ๐ป 3. TradFi Sneezed โ Crypto Caught the Flu ๐คง๐ฅ This wasnโt only crypto pain. Microsoft: โ10% โ ($350B erased ๐ต) Tesla: โ3.5% on heavy spending fears When Big Tech bleeds, funds pull money from โrisky assets.โ And yesโBitcoin is still in that category, whether maxis like it or not. ๐ง Soโฆ Crash, Shakeout, or Opportunity? Now letโs see who actually understands markets ๐ Ask yourself: Is the rising Dollar (DXY) about to kill this bounce? Is this just leverage being flushed before continuation? Or are we heading back to $75Kโฆ or worse? ๐ณ๏ธ COMMENT & COMMIT: Whatโs Your Move? ๐๐ No lurking. No โletโs see.โ Pick a side ๐ ๐ ฐ๏ธBuy the Blood ๐ฉธ๐ โThis was a long squeeze. Weak hands are gone.โ Buying around $82K ๐ง Greedy when others are fearful ๐ ฑ๏ธWait for Lower โณ๐ป โMacro uncertainty isnโt done.โ Targeting $75K or below ๐ง Patience > emotions ๐ Drop A or B in the comments โ and explain WHY. If you canโt justify your bias, maybe the market just exposed you. #bitcoin #cryptocrash #BitcoinDunyamiz
๐ณ๏ธ VOTE: Where is Bitcoin Heading Next? ๐๐ The charts are at a crossroads. Some indicators point to a $62K "shake-out", while others see the path to $100K wide open. Which side are you on?
๐ Is Bitcoin About to Hit $62K? History Says... Maybe! ๐ฌ
If you're a Bitcoin hodler, you know the emotional rollercoaster is real. Just as we're eyeing new highs, some indicators are flashing a warning signal that could send shivers down your spine: a potential drop to $62,000! Could BTC really fall that low? Let's unpack this historical indicator. ๐ฎ 1. The "Bull Market Support Band" Speaks! ๐ Meet the Bull Market Support Band (BMSB). It's not just a fancy name; it's a critical on-chain indicator made up of the 20-week Simple Moving Average (SMA) and the 21-week Exponential Moving Average (EMA). Historically, when Bitcoin drops to this band and then breaks below it, things can get... interesting. The History Lesson: โข 2021 Correction: BTC touched the BMSB at $58,000 before its final ascent. โข 2020 Crash: It briefly dipped below to $5,000 during the COVID-19 panic before an epic rally. โข Previous Cycles: Similar patterns have often preceded significant market moves. Right now, the BMSB is hovering around $62,000. If Bitcoin were to retest and break below this level, it could indicate a deeper correction is on the cards before the next major leg up. ๐ 2. Why $62K? The Confluence of Factors ๐ค A drop to $62,000 isn't just a random number plucked from thin air. It aligns with several key technical levels and market psychology: โข Psychological Support: Round numbers often act as strong support or resistance. โข Previous Price Action: This level has been a significant pivot point in past cycles. โข Profit-Taking: After recent gains, a natural retest allows for profit-taking and healthy market reset. This potential retest could be a crucial "shake-out" before the next parabolic phase, weeding out weaker hands and consolidating strength for a stronger rally. ๐ฒ 3. What If History Doesn't Repeat? ๐คทโโ๏ธ While the BMSB has a strong track record, every cycle is unique. Bitcoin's market structure is more mature, institutional adoption is higher, and global macroeconomic factors are constantly shifting. Consider this: โข Strong Demand: ETF inflows, while fluctuating, still represent significant institutional interest. โข Halving Effect: The recent halving has historically been a catalyst for price appreciation. โข Macro Environment: A weakening US dollar could continue to push investors towards digital assets. So, while the indicator points to a possibility, it's not a guarantee. The question is, how much weight should we give to historical patterns in a rapidly evolving market? ๐ฃ๏ธ Your Turn: What Do YOU Think? This is where the conversation gets interesting! We've seen strong indicators before, but also unprecedented market shifts. Do you think Bitcoin is headed for $62,000, or will it defy historical trends and push higher? โข Team "History Repeats": Are you bracing for a dip and planning to buy at $62K? โข Team "New Paradigm": Do you believe the current market strength will push us past this historical indicator? Share your thoughts and price predictions in the comments below! Let's discuss! ๐ #BTC #CryptoAnalysis #Onchain
Bitcoin is stuck in the $90,000 cage ๐ฆ๐ and the market is holding its breath! ๐ฌ๏ธ While everyone is watching the rejection, the big players are quietly positioning for the $93K breakout that could change everything! ๐๐๐ฅ
Is this a temporary stall or the start of a cooling period? ๐ง๐ค If you aren't watching the ETF flow data and the liquidity clusters at $93.4K, youโre flying blind! โ๏ธ๐
Get the full breakdown on what it takes to trigger the next massive leg up! ๐ฅ๐
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๐ฅ Bitcoin vs. $90K: The Rematch! Who Wins? ๐ฅ
If youโve been glued to the charts, you know the vibe: Bitcoin is knocking on $90,000โs door, but the door is locked tight. ๐๐ซ For the second time, BTC got rejected at the psychological $90K level, leaving traders asking one thing: โWhen breakout?!โ ๐๐ {future}(BTCUSDT) Let's dive into the battle for the next leg up! ๐ ๐ 1. The "Wall of Resistance" ๐งฑ Right now, Bitcoin is playing a high-stakes game of "The Floor is Lava." ๐ฅ Itโs stuck in a range between $86,000 and $90,000. The Key Levels: โข $87,500: The "Must-Hold" support zone. ๐ก๏ธ โข $90,000 - $93,000: The Danger Zone. Until we flip this into support, the bulls are just warming up. ๐๐จ Experts say if we can close and hold above $93,000, the "bears" lose their lunch, and the path to $98,000 becomes a highway! ๐ฃ๏ธ๐จ
๐ 2. Where Did the Big Money Go? ๐ฆ๐ธ One word: ETFs. ๐ Recently, the massive flood of institutional money slowed down to a trickle. Weโve seen outflows stabilizing, which is good news (less selling! ๐๐), but we need that fresh "new money" energy to punch through the $90K wall. Interestingly, while others are hesitant, Michael Saylorโs MicroStrategy is still out here shopping! ๐๐๏ธ They just scooped up another 2,932 BTC last week. Talk about conviction! ๐ช๐ ๐ 3. What Triggers the Moon Mission? ๐๐ To see those green candles blast off again, we need two things: 1. ETF Inflows: Institutional demand needs to flip back to "Aggressive Buy." ๐ข๐ 2. Liquidity: We need a "liquidity grab" around $93.4K to fuel the engine for the next run. โฝ๐ฅ
The downtrend is technically broken, and the weekly charts look juicyโweโre just waiting for the spark! โก
๐ฅ Bitcoin vs. $90K: The Rematch! Who Wins? ๐ฅ
If youโve been glued to the charts, you know the vibe: Bitcoin is knocking on $90,000โs door, but the door is locked tight. ๐๐ซ For the second time, BTC got rejected at the psychological $90K level, leaving traders asking one thing: โWhen breakout?!โ ๐๐ Let's dive into the battle for the next leg up! ๐ ๐ 1. The "Wall of Resistance" ๐งฑ Right now, Bitcoin is playing a high-stakes game of "The Floor is Lava." ๐ฅ Itโs stuck in a range between $86,000 and $90,000. The Key Levels: โข $87,500: The "Must-Hold" support zone. ๐ก๏ธ โข $90,000 - $93,000: The Danger Zone. Until we flip this into support, the bulls are just warming up. ๐๐จ Experts say if we can close and hold above $93,000, the "bears" lose their lunch, and the path to $98,000 becomes a highway! ๐ฃ๏ธ๐จ
๐ 2. Where Did the Big Money Go? ๐ฆ๐ธ One word: ETFs. ๐ Recently, the massive flood of institutional money slowed down to a trickle. Weโve seen outflows stabilizing, which is good news (less selling! ๐๐), but we need that fresh "new money" energy to punch through the $90K wall. Interestingly, while others are hesitant, Michael Saylorโs MicroStrategy is still out here shopping! ๐๐๏ธ They just scooped up another 2,932 BTC last week. Talk about conviction! ๐ช๐ ๐ 3. What Triggers the Moon Mission? ๐๐ To see those green candles blast off again, we need two things: 1. ETF Inflows: Institutional demand needs to flip back to "Aggressive Buy." ๐ข๐ 2. Liquidity: We need a "liquidity grab" around $93.4K to fuel the engine for the next run. โฝ๐ฅ
The downtrend is technically broken, and the weekly charts look juicyโweโre just waiting for the spark! โก