Bitcoin ready to record fourth straight red month and the $81,000 floor is suddenly everything
Bitcoin is nearing its fourth consecutive monthly loss, with the $81,000 support level being critically important for preventing a deeper capitulation.Summary
Bitcoin is on track for its fourth consecutive monthly decline, shedding over 5% in January following losses in the preceding three months, and has fallen below its 2-year moving average for the first time since 2022, signaling a potential capitulation cycle.
This price action follows a massive $19 billion liquidation event in October 2025, which shifted the market from expansion to consolidation, evidenced by stabilized but not aggressively growing US spot Bitcoin ETF flows. Key support levels are now being watched closely, with Glassnode noting a stressed band around $83,400 and a 'True Market Mean' near $80,700.
Alphractal CEO Joao Wedson issued a stark warning that Bitcoin must hold the $81,000 floor; a break below this level could trigger a capitulation similar to 2022, pushing prices toward $65,500. The market faces uncertainty due to uneven legislative progress in Washington and a contraction in stablecoin supply, leaving traders focused on whether sustained spot demand will return to push prices above the $96,500 cost basis.
(Source：CryptoSlate)