A well-followed crypto analyst, in an update shared on X, combines yearly, monthly and weekly Bitcoin cycles to outline a potential 20%–77% drawdown from the all-time high, with a more probable 34%–55% decline. The roadmap highlights pivot zones around November 19, December 22 and February 2, along with downside reference levels at $90,000, $72,000, $45,000 and $28,000, framing expectations for further volatility and a multi-stage recovery path.

On Wednesday, Bitcoin's bid to hold $70,000 remained under strain as futures positioning unwound, with about $55 billion in open interest erased over the past 30 days, according to CryptoQuant. Analysts flagged negative CVD on major derivatives venues and rising exchange reserves since Jan. 19, while views diverge on whether support develops in the high $60,000s or near $50,000.

U.S. Treasury Secretary Scott Bessent told Congress on Wednesday that the government will keep Bitcoin seized in asset cases but will not instruct private banks to buy BTC during a downturn. He said $500 million in retained BTC has grown to over $15 billion, and acquisitions must remain budget‑neutral under a March 2025 executive order.

In the same week that $9B in Bitcoin moved on-chain, a quieter discussion has emerged about whether large holders are starting to hedge against future quantum decryption risks. Against this backdrop, BMIC is building a post-quantum-secure financial stack with a wallet, staking, and payments layer based on ERC-4337 smart accounts and AI-driven threat detection. The project has raised over $432K in its presale, with its $BMIC token priced at $0.049474 and positioned as a hedge against the "Harvest Now, Decrypt Later" threat. All information is presented as informational and not as investment advice.

After the U.S. trading session on Feb. 4, 2026, Bitcoin briefly dropped below $72,500 on Bitstamp, setting a fresh 15‑month low under $73,000. The move came as macro markets, including gold and silver, reversed recent gains and more than $800 million in crypto positions were liquidated, with traders eyeing downside targets around $50,000 and $59,000–$65,000.

On 4 February 2026, Bitcoin was trading close to $73,700 under sustained bearish sentiment and elevated volatility. Analysts highlight that a sweep of the April lows with strong volume may signal local capitulation, while on-chain metrics still allow for further downside. Even so, many market observers see the current phase as late-stage weakness within a broader constructive outlook heading into 2026.

Fireblocks said Wednesday it will integrate Stacks, a Bitcoin-aligned DeFi layer, to offer institutional lending and yield opportunities. Leveraging Stacks' roughly 29-second blocks helps bypass Bitcoin's ~10-minute interval while still settling to the BTC ledger for finality. Fireblocks expects the rollout in early 2026, without a specific launch date.

Bitcoin traded around $75,980 as U.S. markets opened on Feb. 4, 2026, with focus on the 200-week EMA near $68,400. According to the article, U.S. spot Bitcoin ETFs recorded nearly $2.8 billion in net redemptions over the past two weeks, while analysts flagged $74,400 and $70,000 as key levels and $55,700–$58,200 as deeper support.