Crypto analyst Coinvo has revealed that the Bitcoin price has just hit a 
15-year trendline following its latest crash to around $70,000. He declared 
this a buying opportunity, noting that the trendline has historically held on 
four prior occasions in past cycles. Bitcoin Price Hits 15-Year Trendline 
Against Gold In an X post, Coinvo stated that the Bitcoin price has hit the 
same RSI trendline on its gold chart as in 2011, 2015, 2019, and 2022. He 
further noted that this development has historically created a buying 
opportunity, as BTC has consistently outperformed gold when this happens. He 
urged market participants not to miss this as it is the “biggest opportunity” 
they have ever had. Related Reading: Bitcoin Set To Test Resistance At $80,600 
After Bottoming At $74,000 His statement comes as the Bitcoin price crashed to 
a new yearly low at around $70,000, with the leading crypto asset now down 
over 19% year-to-date (YTD). Based on Coinvo’s analysis, this may mark the 
bottom for BTC despite concerns that the crypto market may be entering a deep 
bear market. In another X post, the analyst stated that the Bitcoin price is 
set to repeat the entire 2023 rally. He noted that the same pattern as in 2023 
is playing out now, with BTC hitting the 200-day EMA, which marked a bear- 
market bottom back then by flipping into support. Coinvo added that most 
people are too focused on the bearish noise, but urged market participants not 
to let it obscure the truth, as Bitcoin is going higher. However, crypto 
analyst Benjamin Cowen has suggested that the Bitcoin price could still drop 
lower, having crashed below its April 2025 low. He noted that in the previous 
cycles, when BTC fell below the 100-week SMA, it crashed straight to the 
200-week SMA before any relief bounce occurred. BTC Could Still Crash To As 
Low As $63,000 Veteran trader Peter Brandt shared an accompanying chart 
showing that the Bitcoin price could still drop to as low as $63,000. This 
came as he noted that the nature of BTC’s decline, with eight consecutive days 
of lower lows and highs, indicates campaign selling rather than retail 
liquidation. He noted that he has observed this pattern several times and that 
it is difficult to determine when it ends. Crypto analyst PlanB highlighted 
potential bear-market scenarios for BTC. He stated that an 80% drawdown from 
the current all-time high (ATH) could put the Bitcoin price at $25,000. 
Furthermore, a drop to the 200-week MA and current realized price could mean a 
crash to between $50,000 and $60,000. Meanwhile, a crash to the previous 
cycle’s ATH could mean that $70,000 is the bottom. Related Reading: Here’s 
What To Expect If The Bitcoin Price Maintains Support Above $74,400 At the 
time of writing, the Bitcoin price is trading at around $70,700, down over 7% 
in the last 24 hours, according to data from CoinMarketCap. Featured image 
from Getty Images, chart from Tradingview.com

Bitcoin Price Just Hit A 15-Year Trendline After The Crash, What This Means

Out with crypto, in with gambling. Gemini is laying off employees and shifting 
focus to Gemini Predictions, a platform that has processed over $24 million in 
volume since December.

Gemini cuts workforce, closes international operations

Bitcoin&#8217;s bearish reversal hints at a potential market low amid rising 
volatility and shifting sentiment.
The post Katie Stockton: Bitcoin&#8217;s bearish reversal signals a market shift, Ethereum set to outperform in the long term, and the role of technical analysis in volatile conditions | Unchained appeared first on Crypto Briefing.

Katie Stockton: Bitcoin’s bearish reversal signals a market shift, Ethereum set to outperform in the long term, and the role of technical analysis in volatile conditions | Unchained

Lately, veteran trader Peter Brandt has been flashing a bearish read on 
bitcoin, leaning on old-school chart work, familiar technical formations in 
recent price action, and the kind of market scar tissue that only decades of 
trading can provide. On Thursday, when bitcoin sank awfully close to the 
$60,000 handle, Brandt cautioned that the move […]

Peter Brandt Warns Bitcoin Is Facing ‘Campaign Selling’

On Thursday, Feb. 5, 2026, XRP suffered one of its steepest declines of the 
year, plunging 15% in 24 hours to a low of $1.22. This crash wiped out nearly 
45% of its value since its January peak and erased gains dating back to late 
2024. Steep Losses and Derivatives Liquidations The bearish sentiment gripping 
[…]

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