Bitcoin fell nearly 10% after losing the $86,500 area and is nearing the $80,000 support. According to an hourly BTC/USD analysis (data feed from Kraken), resistance sits at $82,000–$83,200, while supports align at $81,000, $80,500, and $80,000. A move above $83,200 could open $85,000–$85,700; failure risks $77,000 and $75,000.

On 30 January 2026, Bitcoin traded around $84,500 during a sharp market pullback, while the total crypto market cap dropped to about $2.87 trillion, nearly 5% lower. Bitcoin now sits roughly 83% above its prior cycle high and has rebounded around 730% from its bear-market low, compared with only about 6% above the previous peak and a roughly 300% recovery for the altcoin-focused TOTAL3 index. This widening performance gap has raised concerns that institutional flows and market structure may be increasingly favoring Bitcoin over the broader altcoin sector.

Michael Saylor, Strategy's founder and chairman, rejected claims the firm buys "paper BTC," asserting it acquires real Bitcoin and audits custodians. The company holds 712K BTC, with more than 110K said to be untraceable across custodians, and invested about $20B in 2024, $23B in 2025, and close to $4B in 2026. MSTR slipped about 2% to $157.45.

Bitcoin held above the mid-$80,000 area this week as buyers stepped in near key support and prevented a sharper breakdown. Analysts highlight that around 22% of the supply now sits below its purchase price and argue that a sustained recovery likely depends on stronger liquidity, tracked through on-chain metrics like the 90‑day realized profit/loss ratio. Exchange inflows remain muted and derivatives positioning points to the risk of a brief liquidity grab toward the low-$90,000s.

On Thursday, Bitcoin fell to its lowest level in over two months near $84,000 as risk appetite waned after Microsoft shares dropped 11%. Despite a 26% drawdown over 90 days and $360 million in BTC futures liquidations, Bitfinex margin longs climbed to 83,933 BTC, the highest since November 2023. Arbitrage and funding dynamics suggest the jump in longs is not a straightforward bullish signal.

Bitcoin extended its weekly decline on Thursday, sliding below the closely watched $85,000 mark even as US lawmakers advanced the CLARITY Act crypto market structure bill. During a sharp sell‑off, BTC fell by about $2,700, helping trigger roughly $803 million in crypto liquidations over 24 hours and leaving the price hovering near key technical support levels. Analysts warn that losing the $86,000 area on higher time frames could open the door to a deeper move toward approximately $82,500.

Bitcoin fell to about $85,289 on Thursday, extending recent volatility even as new structural drivers emerge around regulation, on-chain activity, and corporate demand. A US Senate Agriculture Committee bill advanced by a 12-11 vote, Citrea’s Bitcoin ZK-rollup mainnet went live, and Metaplanet approved a $137 million fundraising plan to buy more BTC, all while price tests support near $83,000 inside a descending channel. These forces could influence Bitcoin’s long-term supply-demand balance despite short-term bearish pressure.

Bitcoin fell to $83,600 during the New York session, pressing the lower bound of a 10‑week consolidation defined since Nov. 17, 2025. CryptoQuant reported taker sell volume of roughly $4.1 billion over two hours, and about $570 million in long positions were liquidated as price slipped from $88,000. Analysts describe the move as a futures‑driven correction rather than a structural breakdown.