Bitcoin Recovers Above $73,000 After Sharp Drop Under $72,000 Support on 5 February 2026

On 5 February 2026, Bitcoin slid below the $72,000 mark before quickly bouncing back above $73,000, after a wave of selling and liquidations hit the market. The asset remains down nearly 20% over the past week, with sentiment stuck in extreme fear as analysts debate whether technical exhaustion or macro-driven risks will dominate next. Altcoins such as Ethereum, Solana, and XRP continue to underperform, while institutions warn that tight monetary policy, weak liquidity, and ETF outflows could still weigh on prices.