BTC Dips 6.61% to $78,188, Below MSTR $76K Basis
BTC/USDT
$12,710,226,926.14
$66,313.14 / $64,650.00
Change: $1,663.14 (2.57%)
+0.0023%
Longs pay
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.
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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