Price Analysis February 1st, 2026 – BTC, BNB, SOL, ETH, and XRP
Bitcoin has been under significant selling pressure over the past seven days, with its price dropping below $80,000 for the first time since last April, when US President Donald Trump announced tariffs on several countries. The latest downtrend has led to over $2 billion in liquidations, according to data from CoinGlass. It has also caused
2 min read
Bitcoin has been under significant selling pressure over the past seven days, with its price dropping below $80,000 for the first time since last April, when US President Donald Trump announced tariffs on several countries.
The latest downtrend has led to over $2 billion in liquidations, according to data from CoinGlass. It has also caused many analysts, including Swyftx’s Pav Hundai, to turn bearish. On his X account, he claimed that Bitcoin may bottom out at the $74,500 support level within the next 40 days and then rally toward its all-time high of 126,300.
For now, let’s explore the charts to determine potential price movements for Bitcoin and altcoins in the coming few days.
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