BTC Dips 6.61% to $78,188, Below MSTR $76K Basis
BTC/USDT
$25,688,978,986.00
$71,632.08 / $68,176.47
Change: $3,455.61 (5.07%)
-0.0000%
Shorts pay
Contents
Key Metrics
- Current Price: $78,187.88
- 24h Change: -6.61% (High: $83,722.90 | Low: $75,719.90)
- 24h Volume: $39,827,871,767
- RSI (14): 25.15 (oversold)
- Stochastic K/D: 16.72 / 17.87 (oversold)
Recent Price Action
Bitcoin fell below MicroStrategy's cost basis of $76,037 for the first time since October 2023 (Jan 31, 18:43 UTC). It also dropped below $80,000 for the first time since April 2025 (Jan 31, 17:09 UTC). On Jan 30, BTC declined 4% amid DXY +0.4%, gold -2.5%, and Nasdaq -0.8%.
Technical Analysis
Overall downtrend confirmed: Supertrend bearish, price below EMA20 ($87,376.50), EMA50 ($89,872.66), EMA200 ($103,956.86). MACD bearish (-2,493.49 line vs. -1,161.21 signal). Bollinger position below lower band ($79,390.37), signaling oversold conditions (ATR: 2,973.82).
Support and Resistance Levels
| Level | Price | Score | Distance |
|---|---|---|---|
| Strong Support S1 | $75,726.86 | 74/100 ⭐ | -3.80% |
| Strong Support MTF S1 | $75,765.90 | 79/100 ⭐ | -3.14% |
| Strong Resistance R1 | $80,416.57 | 69/100 ⭐ | +2.15% |
| Strong MTF Resistance R4 | $80,416.57 | 69/100 ⭐ | +2.15% |
Multi-timeframe: 9 strong levels (1D:1S/2R, 3D:1S/3R, 1W:1S/2R). Crash targets: $58,878 (score 22), $50,580 (score 20).
Market Outlook
Bearish momentum persists with price below key EMAs and oversold indicators hinting at potential short-term bounce NEAR $75,727 support. Resistance at $80,417 must break for recovery.