Bitcoin Price Analysis and Correction₿ CryptoBitcoin

Bitcoin Plummets: Correction Deepens Amidst ETF Outflows & Macro Concerns

February 5, 2026, 12:00 AM142 words10 sourcesAI-Generated · Reviewed by editorial team
Bitcoin
Bitcoin Plummets: Correction Deepens Amidst ETF Outflows & Macro Concerns

Photo: Pexels / Melvin Silva

Bitcoin experienced a significant and rapid price correction, falling to 15-month lows near $73,000, erasing gains from earlier regulatory optimism. This downturn, representing a nearly 40% drop from its peak, was triggered by a confluence of factors including hawkish macroeconomic shifts, escalating geopolitical tensions, and substantial leveraged liquidations exceeding $800 million. Spot Bitcoin ETFs have seen significant outflows totaling $2.9 billion, indicating cooling institutional interest and a shift towards other assets like gold and silver. Analysts point to potential support levels around $68,000 - $72,000, with some predicting a further decline to $50,000. Prominent investor Michael Burry warns of a potential 'death spiral' and interconnected impacts on gold and silver markets. Short-term holders are capitulating, exacerbating the selling pressure, while Binance has recorded massive inflows. The market is characterized by extreme negative momentum and increased volatility, with traders doubting a near-term bottom.

Source Articles

This article is based on analysis of 24 source articles from our news database.

  1. 1
    Investing.com··investing.com·
  2. 2
    Crypto news··crypto.news·
  3. 3
    Cointelegraph··cointelegraph.com·
  4. 5
    CrowdFundInsider··crowdfundinsider.com·
  5. 6
    CryptoPotato··cryptopotato.com·
  6. 7
    CoinGape··coingape.com·
  7. 10
    Cointelegraph··cointelegraph.com·
  8. 11
    Decrypt··decrypt.co·
  9. 12
    Yahoo Finance··finance.yahoo.com·
  10. 13
    FXStreet··fxstreet.com·
  11. 14
    Crypto Briefing··cryptobriefing.com·
  12. 15
    Yahoo Finance··finance.yahoo.com·
  13. 18
    AMBCrypto··ambcrypto.com·
  14. 19
    Cointelegraph··cointelegraph.com·
  15. 20
    FXStreet··fxstreet.com·
  16. 21
    Crypto Briefing··cryptobriefing.com·
  17. 22
  18. 23
    Cryptopolitan··cryptopolitan.com·
  19. 24
    Smart Liquidity Research··smartliquidity.info·