Bitcoin's fragile momentum 🤕

Analysts say Bitcoin momentum remains fragile and downside risks persist.

Author

Stacy Jones
February 04, 2026

đź“ť What you need to know

Bitcoin’s latest bounce is losing steam, with weakening momentum raising the risk of another leg down.

Analysts at QCP Capital warned that BTC is struggling to hold key support near $74,000, and a decisive break lower could accelerate selling. Options markets show limited upside conviction, while leveraged positioning and macro uncertainty continue to weigh on sentiment. The analysts added that bulls likely need a reclaim of $80,000 to reset the trend, but for now, price action remains fragile.

Bitcoin Risks Further Slide as Momentum Weakens Below Key Support

Fragile momentum and macro uncertainty are keeping Bitcoin and the broader crypto market at risk of further declines, analysts say.

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