“Our worst-case scenario assumes a decline to the $1.8 trillion to $2 trillion range, with an extension to 161.8% of the initial downward momentum in October-November,” Alex Kuptsikevich, FxPro chief market analyst, said in emailed comments.

The bitcoin price crashed into the $75,000 range, breaking below key technical support levels as heavy selling pressure swept through the market.

A severe winter storm has forced US miners to curtail operations, dragging bitcoin’s hashrate, output and miner margins to their weakest levels in months.

“Our worst-case scenario assumes a decline to the $1.8 trillion to $2 trillion range, with an extension to 161.8% of the initial downward momentum in October-November,” Alex Kuptsikevich, FxPro chief market analyst, said in emailed comments.

Bitcoin fell sharply on Saturday, tumbling below $80,000 to the lowest levels since April 2025 as part of a broader decline for digital assets.

Long-term bitcoin holders are selling at the fastest pace since August, while some industry observers suggest the market may be approaching a bear-market bottom.

The crypto market's recent decline only accelerated Saturday, with Bitcoin falling to nearly $77,000 as liquidations piled up.

As of January 30, 2026, it trades around $82,755, showing heightened volatility and a recent decline attributed to excessive leverage and macroeconomic concerns

Bitcoin, the cryptocurrency with the highest market capitalization, has fallen to the $70,000 range for the first time in approximately nine months. Analysts attribute this decline to weakened expectations for monetary easing following the nomination of Kevin Wash,