Big Bitcoin Price Move on the Horizon: Is BTC About to Fall Below ,000?

Big Bitcoin Price Move on the Horizon: Is BTC About to Fall Below $60,000?

Analysts expect a volatile near-term future for BTC, with some wondering if new lows are on the horizon.

Bitcoin went through some intense trading sessions in late January and early February, falling from over $90,000 to a 15-month low of $60,000 in less than ten days. However, it has been quite sluggish since then, trading mostly below $70,000 with little sign of a breakout.

MN Fund Founder and CIO Michaël van de Poppe outlined the recent stagnation, indicating that BTC volatility is “the lowest it has been since the crash.” Therefore, he determined that “a big step is ahead” and outlined his plan for buying or selling.

Less than $60,000 or more than $80,000?

The popular analyst said he would definitely be a “big buyer” if bitcoin were to fall again. In contrast, he would “start taking some profits” if the cryptocurrency were to test the $80,000-$85,000 range.

Merlijn The Trader also weighed in on BTC’s recent performance, highlighting the importance of the current $67,000 level. If there is a loss, the analyst thinks $60,000 will come back into the picture. His worst-case scenario predicts a huge drop below $50,000 if the February 6 bottom gives way.

Glassnode was slightly less bearish, predicting that bitcoin could fall to $55,000 if the landscape deteriorates again soon.

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Year of the metals

Doctor Profit, one of the few analysts to have predicted BTC’s crash below $100,000 in late 2025, said the cryptocurrency is now trading about 50% lower than its all-time high in October. He noted that “it’s bad to lose money, but it’s even worse to lose it in terms of USD.”

The analyst predicted that 2026 will be the year of precious metals, such as gold and silver. Both assets continued to experience intense volatility in 2026. Gold, for example, soared to a new all-time high of $5,600/oz in late January, before crumbling to $4,400 days later. It has managed to recover to $5,000 at the time of writing.

Silver, on the other hand, exploded to over $120, dropped to $64 and is now close to $80. Both metals are slightly in the green this year, while BTC is deeply in the red.

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