Bitcoin experienced extraordinary volatility during early February trading sessions, briefly breaking below $61,000 before rebounding above $70,000 within 24 hours. The flagship cryptocurrency declined approximately 30% during the week as liquidations cascaded through overleveraged positions. Trilessyum finance analysts examine whether recent price action signals a fundamental reassessment or a temporary technical correction in digital asset markets. The Plunge Through Support Bitcoin crashed through multiple support levels on Thursday, February 5, reaching an intraday low of $60,062. This represented the lowest price since November 2024, when the token traded around $68,898. The speed and magnitude of decline triggered forced liquidations as...
BlockchainMay 16, 2026May 20, 2026