At the start of the first week of February, Bitcoin traded near levels last seen in November 2024, with several analysts highlighting $76,000–$50,000 as a key support area and warning of potential downside below $50,000. At the same time, weekly and daily RSI readings are approaching oversold levels associated with the 2022 bear-market low, while CME futures gaps, macro liquidity concerns, a sharp precious-metals sell-off and a deeply negative Coinbase Premium are shaping expectations for what comes next.

On February 2, 2026, Robert Kiyosaki responded to a $700 billion decline in the crypto market and an estimated $10 trillion drop in gold and silver by describing the turmoil as a massive sale on investment assets. He contrasted how people rush to buy discounted goods at retailers with their tendency to flee financial markets during crashes, urging followers to decide whether to act more like "rich people" or "poor people." The author used past Bitcoin price history to illustrate that buying after major declines can offer better long-term returns, while also noting that even resilient assets may take years to recover.

MicroStrategy is facing its first unrealized loss since 2023 as Bitcoin’s dip below $75,000 leaves its massive 712,647 BTC stash technically "underwater." Despite a $900 million deficit and shares hitting 52-week lows, Executive Chairman Michael Saylor remains committed to his aggressive $84 billion acquisition strategy ahead of the company's February earnings.

Over the weekend, Bitcoin fell sharply below $76,000 on light volume, briefly slipping through $75,000 and moving into a horizontal support band between $73.7K and $76.5K identified by technician Aksel Kibar. He argues that this area is only a potential bottoming zone and says he is waiting for clear bullish reversal patterns and a breakout above $91.2K before adopting a more constructive view. At press time, Bitcoin was trading around $76,713.

Binance said on January 29, 2026 it will transition its $1 billion Secure Asset Fund for Users into Bitcoin over a 30‑day window. As the program began, the fund acquired 1,315 BTC priced at $100.7 million to anchor reserves against market swings. The move is framed as user protection and volatility management.

Over the past 24 hours, Bitcoin briefly slid toward $74,000 before recovering above $76,800 and remains down 13% for the week. Analyst Doctor Profit cut his projected cycle low to a $54,000–$44,000 range and expects a move toward $70,000 first. Matrixport reported three consecutive months of net outflows from spot Bitcoin ETFs.

On February 2, Bitcoin briefly dipped under $75,000, touching lows near $74,700 during a volatile weekend session before rebounding to around $76,600. The move, occurring amid thin liquidity and broader macro uncertainty, erased almost $800 million in leveraged crypto positions and coincided with a 2.6% drop in total market capitalization to $2.57 trillion. Major altcoins, including Monero, Pump.fun, Kaspa, and Ethereum, also recorded sharp losses as traders shifted into risk-off mode on concerns over tighter U.S. monetary policy and rising geopolitical tensions.

On February 2, 2026, Galaxy’s Alex Thorn said Bitcoin is trading below the average cost basis of US spot ETFs after those funds logged their second- and third-largest weekly outflows last month. Coinglass reported about $2.8 billion in net redemptions over two weeks, while BiTBO estimates roughly $113 billion AUM and 1.28 million BTC held, implying an average purchase price near $87,830.