Bitcoin briefly fell below $73,000 on February 3, hitting its lowest price since November 2024, as heavy selling resumes amid mounting geopolitical concerns
The episode fits a recurring pattern in the archive: during periods of market stress, Bitcoin has experienced abrupt drawdowns alongside wider risk-asset selling, including the August 2024 global-market slump.
First-order effects
Bitcoin holders and short-term traders face a new post-November 2024 price low, while selling pressure and volatility intensify.
The subsequent report of prices near $66,000 indicates that the $73,000 break did not act as an immediate floor.
Second-order effects
The move reinforces Bitcoin’s sensitivity to geopolitical and broader market-risk concerns, making it harder to treat the asset as insulated from risk-off trading.
A continuing decline can force market participants to reassess near-term risk exposure rather than rely on the prior price range established after November 2024.
Third-order effects
If repeated geopolitical shocks continue to trigger synchronized selloffs, Bitcoin’s market narrative will remain tied to global risk appetite rather than a distinct defensive role.
The pattern points to an industry increasingly judged by how its markets behave under stress; whether that linkage persists depends on how quickly Bitcoin can decouple in later episodes.
The trend: Bitcoin is continuing to trade as a high-volatility risk asset during periods of heightened geopolitical and market uncertainty.
Something interesting is happening with $BTC... Most of us are familiar with Bitcoin's clinical market cycles. Historically, bear markets last about 365 days, and by that metric we're roughly 1/3 in. What's different this time is speed. Price is dropping faster than usual, [image…
Memo to Michael Saylor, we think that $73,802 is the line in the sand for bitcoin. Time to do another zero coupon convert and stop this decline. Strategy's earnings depend upon it and what will you talk about when you report Thursday. Let's get this done!
Oh my, bitcoin $73,820 beckons as the Dow hits a record high. Our chartist last night said this is it, the level that cannot be breached. It is time for Strategy, also known as Mister for its MSTR, symbol to do a spot secondary or a convert and stop this decline. Come on Mike!
$BTC dropped below the April 2025 lows yesterday. Since then, buyers have stepped in, but Bitcoin looks weak now. Until BTC reclaims the $80,000 level, any pump will most likely be retraced. [image]
Bitcoin hit $72,884 Lowest since November 6, 2024. Before Trump won. Before the ETFs took off. Before Strategy went all-in. We just erased 15 months of gains. And you know what? THIS is where the real money gets made. Not at $126K when CNBC says buy. At $72K when they say
Failed Bitcoin Narratives: - M2 Money Supply - Global Liquidity Index - Super Cycle (2021) - Super Cycle (2025/26) - Extended Cycle - 5-Year Cycle - Must Have A “Blow-Off” Top - Crypto President - Infinite Money Glitch - Tesla Buys BTC - El Salvador, legal tender - DeFi Summer -
#Bitcoin did sweep the lows of April. Remarkably: - Most volume was generated during that sweep. - The government shutdown ended immediately after. I think that we'll consolidate slightly here, find ourselves a higher low, and rally to $82-84K from here. [image]
We have a Pro Bitcoin President, Pro Bitcoin Vice President, Pro Bitcoin SEC Chair, and Pro Bitcoin CFTC Chair Countries are buying, Saylor is buying, Big Banks are buying, Everyone is buying... Then why do prices keep going down??? [image]
*#BTC just dropped below the April 2025 low.* If it does not bounce soon, this is going to be one hell of a midterm year. If it can bounce, it gives us a few months and gets us closer to October without so much bad price action (likely the bottom in time). I feel like the bear [i…