BTC - UPDATE 📈 As long as price stays below the 70k resistance zone, seller pressure will remain dominant. Downside continuation toward 64k and lower remains highly possible scenario.
Strategy has acquired 1,142 BTC for ~$90.0 million at ~$78,815 per bitcoin. As of 2/8/2026, we hodl 714,644 $BTC acquired for ~$54.35 billion at ~$76,056 per bitcoin. $MSTR $STRC
➡️Weekly Worst-case scenario: if BTC breaks the 69k support level, there is a potential for it to drop to 45k, based on the head and shoulders pattern on the weekly chart.
#BTC perfectly follows the bearish market structure from the previous cycle
Many times I wrote to pay attention to this one!
We received another Leg Down after a Dead Cat bounce and currently we are in the period of Struggling. Do not be fooled as after this period we will see another leg Down.
However in this short period of Struggling we can trade some #Altcoins