$BTC has experienced a sharp correction, falling from its all-time high of $126,000 to nearly $77,000 📉👇 This marks an almost 40% decline over the past few months, shaking overall market confidence. Bitcoin, often called the father of crypto, has been under continuous selling pressure, signaling a strong bearish trend that many analysts believe started in January 2026.
As of February 1, BTC is trading in the $78,000–$79,000 range, showing weak recovery attempts and low bullish momentum. Macroeconomic uncertainty, profit-taking after the ATH, and declining institutional inflows are some of the key reasons behind this sustained drop. Market sentiment has clearly shifted from optimism to caution ⚠️.
Experts warn that this correction may not be over yet. Based on technical patterns and historical cycles, Bitcoin could face further downside in the next six months, with price targets ranging between $48,000 and $56,000 📊. If this scenario plays out, 2026 could be remembered as a challenging year for BTC rather than a bullish one.
However, long-term investors are closely watching these levels for potential accumulation zones, as major drops in the past have also created future opportunities 💡.
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