Bitcoin, trudging like a weary worker in a factory that never forgives, slid toward the 75,000 mark, and the watchers at the windows did not pretend surprise. The fall did not erupt from panic-screams or some disastrous headline; it is the slow, stubborn injury of a machine that has been groaning for months, a long-term technical breakdown that finally lumbered into view.
As the analysis chorus at The Block Vlog reminds us, Bitcoin has slipped from a stout uptrend into a broader correction after surrendering key supports. The public’s breath is held, not by sudden bad news, but by the monotone rhythm of a market that forgot how to climb.
Bitcoin Trend Shift Started in Late 2025

The first tremors appeared in November 2025, when Bitcoin could not cling to the important 91,000 daily support. That stubborn level, which had buoyed the bullish posture for weeks, finally surrendered, and the house of cards began to tilt.
Once that support broke, the structure of the market changed. Bitcoin ceased making higher highs and higher lows, a sign that the previous bull market had merely grown tired. A rising wedge pattern collapsed, a signal often dressed in bearish rhetoric and sarcasm by those who cheer at charts more than at men’s work.
Across the timeframes, momentum grew faint. Weekly momentum slowed, mid-term indicators flipped bearish, and monthly candles closed below short-term moving averages. Put together, these signals whisper of a deeper correction, not a brief stumble between friends.
Why Bitcoin Falling to $75,000 Was Expected
After losing the 91,000 support, the road opened to targets between 76,900 and 71,800. The price curled into the 75,000 zone within days, a neat little demonstration of technical arithmetic in a world that pretends to be all magic and no method.
The pace of the drop stood out, especially since it happened over the weekend, when the markets are supposed to drink tea and pretend to rest. It was not profit booking prancing around; it was strong selling, the kind that makes charts sweat.
Although 75,000 is a psychological milestone, it is not a fortress of long-term support. From a weekly view, Bitcoin had already lost the more critical 85,000 support, leaving it vulnerable to further declines and the whisper of more trouble to come.
Ethereum Price Outlook Depends on ETH/BTC Pair

For Ethereum, analysts are listening more to the ETH/BTC chart than the dollar price. While Ethereum remains broadly bullish in the long run, it must hold the 0.026-0.029 range against Bitcoin, or the chorus of weakness will overwhelm the melody of optimism.
If Ethereum fails to show strength relative to BTC, it is unlikely to outpace Bitcoin in the near term, even if the broader market steadies and pretends to smile.
What Next For BTC Price?
If the downtrend continues, the weekly chart’s measured move points toward the 63,000 region as a possible next target. This does not guarantee an instant collapse, but it is a realistic risk if the weakness persists and the market keeps its stubborn pace.
On the upside, relief rallies may stumble near 78,500. Stronger selling pressure is anticipated between 84,500 and 87,200. A rejection from these zones would likely stiffen the bearish current again, like a push from a crowd that wants to see the show end in its own bitter way.
The bearish view would only soften if Bitcoin can reclaim and hold above the 93,000-94,000 range on a weekly close. Until then, volatility remains the faithful companion, with downside risks still very much in attendance.
FAQs
How low could Bitcoin price go in this correction?
Technical projections point to 63,000 as a potential downside target if the current bearish mood continues.
When could Bitcoin price stabilize?
Stability may arrive once selling wanes near major weekly supports or after a stretch of volatility and consolidation; the crowd will decide the tempo, not a rumor.
Can Bitcoin recover above $80,000 soon?
Short-term rallies could test 78,500-80,000, but a sustained recovery demands stronger demand and a convincing trend reversal signal, preferably delivered with a straight face and not a fortune-teller’s grin.
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2026-02-03 11:36