Bitcoin price forecasts tap sub-$50K levels as BTC copies old bear markets
02.02.2026
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Bitcoin gained sub-$50,000 ahead of Sunday’s weekly close as bulls failed to recover from ten-month lows. Key points: BTC price targets stay bearish as Bitcoin bulls lick their wounds at ten-month lows.
BTC price: “So far, history is repeating”
Bitcoin’s bleeding continues — BTC/USD is stuck below $80k after a brutal 6% nosedive. Bulls are getting wrecked at ten-month lows, and key support levels are crumbling faster than a crypto bro’s portfolio.
The true market mean at $80,700? Gone. Now traders are eyeing two grim targets: $74,400 and $49,180. Cmt_trader just dropped that bombshell forecast, and the charts look like a horror movie.
Here’s the real gut punch: Bitcoin just lost the 21-week exponential moving average (EMA). CryptoBullet called it out — this exact move triggered previous bear markets. History’s playing on repeat, and it’s not a remix we wanted.
“$74,400 and $49,180 are the two major downside liquidity targets for this bear market.” — Cmt_trader
Rekt Capital confirms the doom loop: “So far, history is repeating, with downside occurring after the Bull Market EMA crossover.” Bitcoin’s already down 17% from $90k to $78k since that crossover hit. This is the same pattern that wrecked us in April 2022.
One tiny glimmer? CME futures gaps. Those price “magnets” might pull BTC toward $84k for a temporary relief rally. Trader Killa thinks we’ll fill that gap “over the next few weeks” — but warns: if BTC doesn’t reclaim range lows, there’s “no safe trigger.”
Bitcoin risks new “extended bearish phase”
Zooming out, onchain data screams danger. Spot price is now trading BELOW the realized price of investors who held BTC for 12-18 months. Translation: the average cost basis for mid-term holders just flipped from support to resistance.
CryptoQuant’s Crazzyblockk drops the hard truth: “Historically, when price breaks and sustains below this cost basis, market behavior transitions from normal corrections into structural bearish regimes, not short-term pullbacks.”
“When spot price remains below a flat or rising realized cost, rallies tend to fail as supply seeks breakeven exits.” — Crazzyblockk
The combo is lethal: price below realized cost + negative unrealized profitability + slowing balance growth. That’s the textbook recipe for what Crazzyblockk calls “extended bearish phases.”
- • BTC price targets stay bearish as Bitcoin bulls lick their wounds at ten-month lows.
- • CME futures gaps may provide some temporary relief into the new week.
- • Bitcoin is still following the path from earlier bear markets by losing realized price support, says research.
#On-chain data#Bear Market#Bitcoin Price Predictions#Technical analysis
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