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Updated Bitcoin situation as of approximately February 6, 2026, (.
In recent days, BTC experienced a powerful wave of sell-offs — the price fell below $64,000, setting a new 15-month low, which is a strong bearish signal.
This is not just a short-term correction — according to some analysts, the market may be in a capitulation phase, where weak positions are liquidated, and new investors lose confidence.
Ethereum and other altcoins have also fallen significantly, indicating a strong correlation with BTC during this market phase.
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