Bitcoin has fallen nearly 7% in the last 24 hours to $82,513 and is on track for a fourth consecutive monthly decline, with long traders seeing more than $750 million in liquidations. Analysts are now focused on an $81,000 support band, warning that a breakdown could trigger a deeper capitulation similar to prior downturns.

On Thursday, Bitcoin slid beneath the $84,000 support that had held since mid‑November 2025, reaching $81,000 as long liquidations totaled about $1.6 billion. On January 30, 2026, the Crypto Fear and Greed Index printed 16, reflecting extreme fear. Analysts highlight the 200‑week SMA near $57,974 and, in a worst case, targets down to $50,000.

Binance has announced plans to convert its $1 billion Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin over the next 30 days, after community criticism intensified following Cathie Wood's comments about an October 10 deleveraging event. The exchange says it will regularly rebalance the fund, adding Bitcoin if needed to keep its value at $1 billion, while broader concerns persist over the October crash, token listings, and platform transparency.

Bitcoin fell sharply this week in early US trading, sliding to slightly above $82,000 and triggering a wave of forced position closures. Data from Coinglass show about 270,000 accounts were liquidated across exchanges in the past day, with nearly $1.70 billion in contracts wiped out, mostly from traders positioned for further price gains. The selloff unfolded amid geopolitical tension, weaker tech earnings and renewed risk aversion across wider markets.

On January 30, 2026, Arthur Hayes said Bitcoin's slump stems from a roughly $300 billion pullback in U.S. dollar liquidity, not crypto-specific factors. He cited a $200 billion jump in the Treasury General Account and noted the USDLIQ index's nearly 7% six-month drop as evidence of tighter conditions.

Multiple outlets report President Donald Trump plans to nominate former Fed governor Kevin Warsh as the next chair, with an official announcement expected Friday morning. Prediction markets swiftly repriced the race, with Polymarket moving from about 30% to 95% and Kalshi at 93%, while markets braced for a more hawkish policy tilt.

On January 29, 2026, economist Peter Schiff said Bitcoin is now worth about 15.5 ounces of gold, 57% below its 2021 high and only roughly 10% above its 2017 peak in gold terms. As Bitcoin trades below $89,000 amid geopolitical tension and a cautious Federal Reserve, analysts highlight renewed demand for gold and silver as investors seek perceived safer assets outside government control.

On Thursday, crypto analyst Benjamin Cowen said Bitcoin is likely to keep losing ground versus the stock market, warning that hopes for a rotation from gold and silver into crypto may be misplaced. Gold and silver hit all-time highs of $5,608.33 and $121.64, and Citi on Tuesday forecast silver could reach $150 within three months. Bitcoin traded at $82,859, down 7.78% over seven days, according to CoinMarketCap.