PANews February 7 News, according to CNBC, the selling pressure in the crypto market this week mainly comes from the sell-off of Bitcoin spot ETFs, a sharp decline in prices triggering a wave of forced liquidations, and the spillover effect from the sell-off of soft tech stocks, further intensifying market volatility. However, some investors have entered the market to absorb the sell-off, causing prices to rebound quickly in a short period. Currently, most market participants remain cautious about whether the market is close to the bottom. Crypto research firm 10X Research pointed out that Bitcoin may experience a brief countertrend rebound or consolidation next, but it could potentially hit new lows again this summer. The firm’s research director Markus Thielen estimates that Bitcoin could possibly drop to as low as $50,000, or even fall within the $40,000 to $50,000 range.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Robert Kiyosaki Predicts Bitcoin $750K, Ethereum $95K After Global Financial Crash
Robert Kiyosaki warns a massive asset bubble could soon burst, predicting an unprecedented market collapse that may propel gold, silver, bitcoin, and ethereum to extraordinary valuations within a year of a global financial crisis.
Robert Kiyosaki Expects Bitcoin, Ethereum to Explode After
Coinpedia16m ago
BTC Short-Term Rise of 0.63%: On-chain Fund Inflows and Long Positions Drive Gains
Between 22:00 and 22:15 (UTC) on March 16, 2026, the BTC spot market experienced a short-term anomaly with a return rate of +0.63%, with the price fluctuating between 74,367.7 and 74,902.8 USDT and a volatility of 0.72%. Market participation significantly increased, volatility intensified, and short-term trading volume compared to the previous period grew by 18.2%, attracting considerable attention.
The main driver of this anomaly was the rapid inflow of large-scale on-chain funds into mainstream exchanges, with net inflows reaching as high as 1,250 BTC, a substantial increase from previous levels. At the same time, the proportion of active buy orders in the spot market rose to 63%.
GateNews1h ago
Bitcoin’s $71K Rally Has a Hidden Risk – Can This Popular Crypto DOGEBALL Outperform Algorand’s $...
The popular crypto market is seeing renewed momentum as Bitcoin’s rally toward $71,000 reveals a deeper trend analysts are watching closely: traders may be overlooking structural signals that typically precede major altcoin rotations. When capital moves from Bitcoin dominance into alternative
BlockChainReporter1h ago
While Gold and Silver Crash, Bitcoin Flashes Strength – Analyst Says This Is the Biggest Wealth Rotation in History
The market is sending mixed signals that have many investors confused. Gold is dumping. Silver is dumping. Stocks are dumping. Yet Bitcoin stands apart, showing relative strength and even pushing toward new highs.
Crypto expert 0xNobler sees something bigger happening beneath the surface.
CaptainAltcoin1h ago
