Analysts flag emotional selling as Bitcoin falls to $65,000 on Feb 5, 2026

On February 5, 2026, The Kobeissi Letter reported Bitcoin slipped below $66,000 for the first time since October 2024 and soon traded just above $65,000 amid "emotional" selling. Doctor Profit placed buy orders at $57k–$60k and plans to hold for 2–3 months, while XRP dropped nearly 20% in 24 hours to below $1.25.