FxWirePro- Major Crypto levels and bias summary 
BTC Flat at $89,300 Despite $1.02B ETF Exodus — Buy the Dip Toward $107K? 
Over the weekend of February 1–3, 2026, Bitcoin crashed below $76,000, reaching lows near $72,859–$73,000 under strong selling pressure. High 24-hour volumes surpassed $47 billion; thin weekend liquidity intensified the decline; and important support at $76,000 fell short. Bitcoin has recovered somewhat as of February 4, trading in the $76,350–$76,780 range (with small fluctuations seen among sources), representing a roughly 3–4% 24-hour drop from previous levels but stabilizing above the recent bottom. Triggers include increased US dollar, rising yields, ETF outflows, lower institutional inflows, and more general risk-off attitude spilling from equities.
With Michael Saylor heading the major Bitcoin treasury holder MicroStrategy (now usually known as Strategy), it is under increased strain as Bitcoin trades around or just below its mean acquisition price. Purchased at an average price of roughly $76,000–76,052 per coin (with latest additions pushing the combined cost figure), the corporation owns about 713,500 BTC. Though no immediate compelled sales or margin calls loom as debt maturities extend into 2027 and beyond, the breach set off unrealized paper losses—briefly approaching $1 billion at the dip's nadir. MSTR shares showed the weakness, dropping about 4.5–4.6% to around $133 (with intraday lows around $127), emphasizing its function as a very leveraged proxy for Bitcoin exposure.
Extended weakness below current levels might test deeper supports around $70,000 and increase risks for leveraged firms such as MicroStrategy. Still, a worry is possible index delistings (e.g., from MSCI), which could cause $2.8–11 billion in passive fund outflows and exacerbate liquidity. Although the pullback reveals weaknesses in the Bitcoin ecosystem during macroeconomic challenges, the quick recovery implies underlying buyer interest if supports hold.
