Core Viewpoint - Bitcoin has experienced a significant decline, dropping to a new low since Donald Trump's presidency, with predictions indicating further potential decreases in value [1][3]. Group 1: Price Movement and Market Sentiment - On February 5, Bitcoin's price fell to $69,101, marking its lowest level since November 7, 2024, and a 40% decline from its historical high of $126,000 reached in October of the previous year [1][3]. - The current market sentiment is overwhelmingly bearish, with a prediction that Bitcoin has an 82% chance of falling below $65,000 within the year, and a 60% chance of dropping below $55,000 [3]. Group 2: Market Dynamics and ETF Impact - The total market capitalization of the cryptocurrency market is approximately $2.5 trillion, down from over $4 trillion in October of the previous year, indicating a significant contraction in market value [3]. - There has been a net outflow of nearly $4 billion from U.S. listed crypto ETFs over the past three months, reflecting a slowdown in new capital inflows that previously supported Bitcoin prices [4]. - The lack of demand for spot ETFs coincides with long-term holders expressing concerns about Bitcoin's cyclical weakness, further exacerbating the negative sentiment in the market [4].
币圈信仰崩塌?比特币一度失守7万关口,预测市场押注继续下挫
Feng Huang Wang·2026-02-05 13:42