‍Bitcoin Analysts Debate if $77,000 Mark Signals a Cycle Bottom

Bitcoin experienced a significant price correction on February 1, 2026, dropping approximately 7% to reach a local low of $77,000. While some market participants fear further downside, prominent analysts suggest this level could represent the deepest pullback of the current bull market cycle.

Analyst PlanC noted that the current downtrend mirrors the intensity of past capitulation events. However, other analysts like Peter Brandt and Benjamin Cowen anticipate further corrections before a sustained trend reversal. The market remains divided on whether the floor has truly been established.

https://cryptovka.ru/en/news/8690/bitcoin-analysts-debate-if-77-000-mark-signals-a-cycle-bottom