Strykr Analysis
BearishStrykr Pulse 30/100. Massive liquidation and hashrate drop fuel bearish momentum. Threat Level 5/5. Extreme risk of further downside.
Bitcoin’s weekend meltdown erased over $200 billion from crypto markets, dragging prices below $80,000 for the first time since April 2025. The plunge wiped out $2.6 billion in liquidations and sent shockwaves through altcoins like $XRP which painted ominous price patterns amid record ledger activity.
The catalyst? A brutal cocktail of liquidity resets and a 12% drop in Bitcoin hashrate after US winter storms forced miners offline. This double whammy exposed the market’s fragile underbelly. Veteran trader Peter Brandt’s warning that $58,000 is the next stop looks less like fearmongering and more like a roadmap.
Strykr Pulse 30/100 signals deep bearishness with no quick fix in sight. The crypto winter is far from over. Traders should tighten stops and consider short exposure until $BTC stabilizes above the $76,000 cost basis. Threat Level 5/5 for crypto volatility and liquidation risk remains at peak levels.
Sources (5)
Prediction Markets Are the Hot New Thing, but Will They Be a Good Long-Term Investment?
Prediction market contracts enable investors to predict the future price of a specific cryptocurrency or the outcome of a specific cryptocurrency even
Bitcoin tests long-term cost support at $76K – Market bottom?
Bitcoin's weekend dip breaches the $76K Cost Basis, exposing a liquidity-driven market reset.
Here's Why Bitcoin And The Crypto Market Are Crashing This Weekend — Details
Bitcoin and the general cryptocurrency market have continued their struggles, as prices took a nosedive this weekend. On Friday, January 31, it seemed
Brandt Calls $58K Next Stop for BTC
Veteran proprietary trader Peter Brandt has warned Bitcoin bulls that the cryptocurrency's current correction is far from over.
$200 Billion Gone From Crypto Markets as BTC, ETH, XRP Tanked on Saturday: Weekend Watch
HASH and WLFI are among the poorest performers, while HYPE is actually in the green daily.