📉
Bitcoin Bloodbath: From $126K to $63K—What's Next for Traders? #BitcoinSelloff
Today's update, February 6, 2026: Bitcoin stabilized at $63,000 after a 10% plunge, hitting lows not seen since October 2024. marketpulse.com Market-wide: Crypto lost $500B cap in days, with BNB and others breaking key supports. ig.com Recent news: Strategy's stock crashed 17% on BTC holdings, highlighting corporate risks. sg.finance.yahoo.com Analysis: Break below $70K eyes $58K (200W MA), but oversold metrics suggest $75K-80K relief rally. Trending on X: 36% chance of $65K drop, yet "diamond hands" narratives rise. Meaning: Shakeouts reward the prepared; BTC's scarcity drives long-term value. Value: Leverage Binance's spot trading tools to buy low—turn volatility into gains. Stay vigilant! #CryptoNews
