$BTC Price Overview (Jan 1 – Feb 1, 2026)
| Date | Approximate Price (USD) | Market Context |
| January 1, 2026 | $87,000 – $88,000 | Opened the year with steady momentum. |
| Mid-January 2026 | $95,000 – $97,000 | Reached a local peak fueled by positive ETF sentiment. |
| January 30, 2026 | $84,000 | Started a rapid decline amid heavy liquidations. |
| February 1, 2026 | $77,000 – $83,000 | Plunged to multi-month lows due to macro instability. |
Key Market Drivers
* The Early January Rally: Bitcoin began the year strong, briefly approaching the six-figure mark (nearly $97,000) by mid-month as institutional buying remained high.
* The Late January Crash: In the final days of the month, the market shifted. By January 31, Bitcoin broke below the $85,000 support level.
* The February 1 Slump: As of today, February 1, the price has seen a sharp "flash crash" toward the $77,000 range. This downturn was largely driven by:
* $2.5 Billion in Liquidations: Primarily from "long" positions (traders betting the price would go up).
* Regulatory Uncertainty: Concerns surrounding the new U.S. Federal Reserve Chair nominee and a potential government shutdown.
* ETF Outflows: Significant withdrawals from Bitcoin Spot ETFs, totaling nearly $1 billion in the final week of January.
#BitcoinCrash #BuyTheDip #Liquidated (Trending due to the $2.5B in long liquidations)
#HODL (For the long-term believers)
#BitcoinBounceBack