CEO Phong Le told investors on the latest earnings call that Strategy (MSTR) would only face an existential threat if Bitcoin fell to about $8,000 and stayed there for years. The comments followed a week when BTC slid more than 20%, MSTR dropped 17.12% in a single session, and then rebounded 7.19% in extended trading.

Late on February 4, 2026, Michael Burry posted $BTC Patterns on X, sharing a multi‑year chart with two red‑arrow markers. By the morning of February 5, Bitcoin briefly fell toward $69,000. The arrows referenced the decline from April 2, 2022 into mid‑May and early June, and the current downswing in early February 2026.

According to on-chain analyst Ali Martinez, Bitcoin's sharp swings between late January and early February 2026 have put the asset at risk of a 25% drop unless it climbs back above a key zone around $80,000. With BTC trading near $75,985 after rebounding from lows close to $73,000 on February 3, it remains below both the ETF cost basis of $82,600 and the 100-week SMA at $87,500, levels Martinez links to potential downside toward $57,000 and even $50,000 by March or April. He further projects the decline could extend to a possible cycle low around $38,000 in October if ETF inflows fail to improve.

On February 3, on-chain analyst Ali Martinez said a bearish Bitcoin pattern has resurfaced after BTC rebounded 5.64% from a February 2 low near $74,000 to $78,173. He highlighted the 100-week SMA at $87,500 and described the 200-week SMA at $57,600, projecting a move toward $50,000–$56,000 by March or April, citing past 55%, 47%, and 58% declines.

On February 1, 2026, Jim Cramer posted on X that Bitcoin near $77,000 could attract buyers and climb back to $82,000. He later cautioned against treating a Monday bounce as a double bottom, suggested shorts might be pressuring Michael Saylor, and pointed to a short‑term floor no lower than $73,000 after BTC slipped under $80,000 and neared $70,000.

Total cryptocurrency market capitalization declined from roughly $2.95 trillion to about $2.56 trillion by February 2, 2026, a drop near $400 billion. The slide began in late January, with Bitcoin down 11.53% to $77,704, Ethereum lower by 20.92% to $2,288, and XRP falling 14.70% to $1.61 over the week.

On February 2, 2026, Robert Kiyosaki responded to a $700 billion decline in the crypto market and an estimated $10 trillion drop in gold and silver by describing the turmoil as a massive sale on investment assets. He contrasted how people rush to buy discounted goods at retailers with their tendency to flee financial markets during crashes, urging followers to decide whether to act more like "rich people" or "poor people." The author used past Bitcoin price history to illustrate that buying after major declines can offer better long-term returns, while also noting that even resilient assets may take years to recover.

Between the morning of January 29 and January 30, XRP recorded the steepest relative decline among major cryptocurrencies, falling 7% in 24 hours and 8.41% over the week as its price reached $1.75. Over the same period, its market capitalization slid from $114 billion to $107 billion, erasing about $7 billion in value amid a broader crypto downturn and cross‑market risk‑asset sell‑offs.

After doubling in just over two years and gaining 27% early in 2026, gold fell 7% on January 29, dropping from $5,500 to $5,119. With an estimated 216,265 tonnes above ground, its total value slid from about $38.37 trillion to $35.71 trillion by January 30; crypto and silver also declined.