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Bitcoin is at Major Crossroads
Bitcoin looks as if it is struggling to hold itself above major support. Ultimately, this is a market that is ready to make a bigger move. Bitcoin plunged during the early hours on Friday as we continued to see a lot of negativities. All things being equal, this is a market that I think is on the precipice of making a bigger move and we are trying to sort out what happens next at a very crucial level. I have been looking at the $84,000 level closely as a potential floor in the market. The fact that the market is trying to form some type of bounce here as we are in the midst of forming a hammer, but it will be ... (full story)
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From fxleaders.com | Feb 2, 2026
The Bitcoin market is today a theater of severe psychological and technical pressure. At the time of writing, Bitcoin is hovering under $77,000, marking a 2.2% fall in the last 24 hours. This stagnation follows a horrific weekend that saw the leading cryptocurrency drop to ten-month lows, spurred by the choice of former Federal Reserve Governor Kevin Warsh ...
From forex.com | Feb 2, 2026
Although Bitcoin has started the week with a modest rebound, the asset is still down more than 11% over the last four trading sessions and, for now, price has been unable to reclaim the $80,000 level. Selling pressure continues to dominate overall market behavior, as demand for Bitcoin has yet to stabilize and capital outflows remain significant in the ...
From actionforex.com | Feb 1, 2026
Bitcoin remains under heavy pressure after plunging late last week, with prices still struggling to regain 80,000. The selloff closely follows last week’s crash in precious metals, suggesting a shared catalyst of US President Donald Trump’s decision to nominate Kevin Warsh as the next Fed chair. For now, broader risk assets have so far absorbed the shock. ...
