Bitcoin Provides to Bear Market Worries as $49K Turns into a Goal

Bitcoin (BTC) gained sub-$50,000 forward of Sunday’s weekly shut as bulls did not get well from ten-month lows.

Key factors:

• BTC value targets keep bearish as Bitcoin bulls lick their wounds at ten-month lows.

• CME futures gaps could present some short-term reduction into the brand new week.

• Bitcoin continues to be following the trail from earlier bear markets by shedding realized value assist, says analysis.

BTC value: “To date, historical past is repeating”

Knowledge from TradingView confirmed BTC value motion staying beneath $80,000 after BTC/USD fell greater than 6% the day prior.

After shedding important bull market assist ranges, together with the true market imply at $80,700, Bitcoin left many merchants bearish on the interval forward.

“$74,400 and $49,180 are the 2 main draw back liquidity targets for this bear market,” X account Cmt_trader forecast.

Dealer CryptoBullet drew specific consideration to the lack of the 21-week exponential shifting common (EMA) — an occasion that preceded earlier bear markets.

$BTC has misplaced the 21-Month EMA 🥶

It’s so over you may’t even think about pic.twitter.com/UFJnoFZmkv

— CryptoBullet (@CryptoBullet1) February 1, 2026

Following up on final week’s bull market EMA crossover, dealer and analyst Rekt Capital agreed that historical past was on the aspect of “further draw back continuation.”

“To date, historical past is repeating, with draw back occurring after the Bull Market EMA crossover,” he advised X followers.

“Bitcoin has dropped -17% from $90,000 to $78,000 because the crossover occurred.”

The crossover includes the 21-week and 50-week EMAs, and final triggered in April 2022.

Hopes of a short-term rebound, in the meantime, held on newly opened “gaps” in CME Group’s Bitcoin futures market.

Usually performing as low-time body value “magnets,” the closest hole was now ready close to $84,000.

Dealer Killa thus predicted that $84,000 can be stuffed “over the subsequent few weeks.”

$BTC

Closed 50% of the quick place. Remaining 50% left open towards the ultimate goal.

Anticipating us to fill the CME hole at 84K over the subsequent few weeks. Ideally you need to see BTC reclaim the vary low. If no reclaims = no protected set off.

Thanks for enjoying 💸💸 https://t.co/lmj9mKa52j pic.twitter.com/wrKVJUTBht

— Killa (@KillaXBT) January 31, 2026

Bitcoin dangers new “prolonged bearish section”

Zooming out, the newest onchain analysis remained firmly risk-off on longer time frames.

Associated: Bitcoin bear market almost over? Key BTC metric undercuts 2022 low

For onchain analytics platform CryptoQuant, spot value buying and selling beneath the realized value of traders holding BTC between 12 and 18 months was the writing on the wall.

Realized value refers back to the combination price foundation at which their BTC final moved.

“Traditionally, when value breaks and sustains beneath this price foundation, market habits transitions from regular corrections into structural bearish regimes, not short-term pullbacks,” contributor Crazzyblockk warned in a “Quicktake” weblog publish.

Realized value itself, the analysis famous, was steady — one thing “reinforcing its position as overhead resistance.” 

“When spot value stays beneath a flat or rising realized price, rallies are inclined to fail as provide seeks breakeven exits,” Crazzyblockk added. 

“From a cycle perspective, the mixture of value beneath realized price, detrimental unrealized profitability, and slowing stability progress has traditionally aligned with prolonged bearish phases.”