On 1 February 2026, Michael Saylor said that Strategy would not be liquidated on its Bitcoin position even in an extreme scenario where BTC falls to $1. The company holds 712,647 BTC at an average purchase price of $76,038, leaving it about 1.8% above breakeven with Bitcoin trading near the upper $70,000 range. Its exposure is mainly backed by long-dated convertible debt rather than margin-based funding, which Saylor argues keeps forced-selling risk low despite the current market correction.

Bitcoin traded near $78,000 after a 6–7% drop in the past 24 hours, with intraday lows around $76,000–$77,000. Gold and silver also retreated, and over $1 billion in crypto leverage was liquidated. Key areas to watch are $86,000 on the upside and $75,800 to $71,600 below.

The U.S. Department of Justice has finalized the forfeiture of more than $400 million in cryptocurrencies, cash, and real estate connected to the Helix Bitcoin Mixer, concluding litigation against its operator Larry Dean Harmon in January 2026. Helix, active from 2014 to 2017, processed over 354,468 Bitcoin allegedly tied to criminal activity, while Harmon was charged in 2020 and later sentenced in 2024 to prison time, supervised release, and asset forfeiture. The case unfolds amid broader U.S. regulatory action on crypto mixers and a policy shift on criminal enforcement for certain regulatory violations involving exchanges and developers.

Bitcoin fell under key price levels in a move driven by forced unwinds of leveraged long positions rather than retail capitulation. The drop turned former supports into targets, with altcoins reacting more sharply and market structure described as reset, setting up a pivotal test of whether support can hold or fail next.

Bitcoin fell back below the $85,200–$86,200 resistance zone, with MakroVision Research noting a decisive rejection and a return into the prior low’s range. Analyst MartyParty said a CME gap is opening that may be filled by Sunday evening, highlighting short-term volatility risks and scenarios around $81,800, $84,500, and lower liquidation levels near $79,350.

Bitcoin dropped more than 7% over the weekend, pushing BTC price under $80,000 and close to its April 2025 low around $74,500. The move sent Bitcoin below the $80,700 true market mean and threatened Strategy's more than 700,000 BTC corporate treasury, which turns negative around $76,037. Analysts highlighted mounting liquidations and key downside levels, including the prior cycle peak at $69,000.

On January 31, 2026, Bitcoin briefly fell to $76,000 after a $3,000 slide within five minutes. The Kobeissi Letter said a $1 billion levered long was liquidated at 1:43 PM ET, while CoinGlass showed the day’s largest single liquidation was $222 million on Hyperliquid. BTC later rebounded toward $78,000.

As of Jan. 30, U.S. spot Bitcoin ETFs have posted four straight days of net outflows totaling $509.70 million, reflecting sustained selling pressure during a broader crypto market downturn. Bitcoin traded around $83,910 during the latest session, while overall ETF net assets fell 6.38% to $106.96 billion even though cumulative net inflows still stand at $55.01 billion. BlackRock’s IBIT accounted for most of the withdrawals with $528.30 million in outflows, partly offset by smaller inflows into funds from Fidelity and ARK & 21Shares.