Bitcoin market bubble pop

[bbc.reporter]

when silver and gold  shifts 3 trillion of their  gains to btc  we hit 250k on July 4 2026.

and this garbage thread attacking the beauty of btc shall be a mockery of itself.


or maybe I get laughed at and I am the fool when silver goes over 125 an oz.

This thread is not an attack on bitcoin. This is a mockery on some of these digital asset treasuries that are copying the strategy of Michael Saylor to pump their companies' stocks.

However, Jack Maller has also begun to question the tactics of all digital asset treasuries including Microstrategy.

Also, why are you triggered? You do not accept the reality that these digital asset treasuries have formed a market bubble that is causing a bubble pop?



Jack Mallers just broke with Bitcoin treasury orthodoxy — and took a shot at Michael Saylor in the process.

Mallers didn’t name Strategy explicitly, but the target was clear.

“We’ve seen certain Bitcoin treasury companies have to dilute shareholders to finance themselves,” Mallers said. “We’ve seen certain Bitcoin treasury companies have to sell their Bitcoin.”

Strategy’s latest purchase illustrates Mallers’ criticism. The company raised $1.83 billion by selling over 10 million MSTR shares — direct dilution that reduced per-share Bitcoin ownership.

Strategy’s stock dropped 8% on the announcement and is down 62% in six months.

Read in full https://www.dlnews.com/articles/markets/bitcoin-treasury-ceo-jack-mallers-slams-popular-dat-metric/

[bbc.reporter]

I am very much afraid on uncle Tom's bet on Ethereum. If they are forced to dump some of their tokens to support their stock's price, this might cause fear on the whole market that the other big digital asset treasuries to do something similar.

On recent news updates, Jack Mallers has also criticized Michael Saylor's accumulation tactic, implying that this is not sustainable.



Tom Lee’s BitMine sits on $6 billion loss from ether bets

BitMine Immersion’s aggressive ether accumulation has turned sharply against it after the latest leg lower in crypto markets, leaving the company with more than $6 billion in paper losses on its ETH holdings.

The publicly traded firm added over 40,000 ether last week, lifting its total balance to roughly 4.24 million ETH, according to portfolio tracking data from Dropstab.

Read in full https://www.coindesk.com/markets/2026/02/01/bitmine-s-ether-bet-is-now-usd6-billion-in-paper-loss

[OgNasty]

Here’s an interesting statistic. If you dollar cost average bought Bitcoin every day since the Bitcoin ETFs launched, you would now be in the red. Another clear sign that we are well into a bear market as the four year cycle has started anew.

[fullfitlarry]

Here’s an interesting statistic. If you dollar cost average bought Bitcoin every day since the Bitcoin ETFs launched, you would now be in the red. Another clear sign that we are well into a bear market as the four year cycle has started anew.

Thanks for that interesting statistic, and it just shows though that even if we have a all time high prior to the halving, and then we have institutional money flowing in the market because of ETF, the 4 year cycle remains intact.

So not sure what will others will said about the market, specially those who push for the narrative that we will have a super cycle because of the above mention. Whatever happens, we are already in the bear market and we have to accept it.

[Zanab247]

Here’s an interesting statistic. If you dollar cost average bought Bitcoin every day since the Bitcoin ETFs launched, you would now be in the red. Another clear sign that we are well into a bear market as the four year cycle has started anew.

When you invest what you can afford to lose in BTC it will give you the boldness to create a daily budget or weekly budget in your BTC, because it will not make you to sell your BTC anyhow until it get to the price of your choice before you can sell to earn massive profits. I guess some hodlers will use this sudden dump to know that bear market is about to be stable for some weeks or months to allow both short time hodlers and long time hodlers to make use of the opportunity to add more BTC to their portfolio, because there will be great opportunity to make good profit.

Base on the last price before this sudden dump happened in the general market, it shows that the price of BTC will surely dump below #50k before the bull run will take place in the future. I believe some people have started buying BTC and hodl for long years, because next bull run will be better than what we experienced this season.

[bbc.reporter]

Here’s an interesting statistic. If you dollar cost average bought Bitcoin every day since the Bitcoin ETFs launched, you would now be in the red. Another clear sign that we are well into a bear market as the four year cycle has started anew.

It is very headshaking that people in this forum will become triggered if you mention or discuss the bearishness on the cryptospace. It appears that they do not want to accept until they will capitulate hehehe.

In any case, there is good news. According to the analysts from Compass Point the bear market might be near the end.



Their base case calls for bitcoin to bottom between $60,000 and $68,000, a zone where long-term holders have shown buying conviction in past cycles. “We see very strong support within this range and our base case assumes BTC bottoms near ~$65k,” they wrote. “Of BTC owned by Long-term Holders (6+ months), 7% was acquired between $60-68k.”

If bitcoin falls through the $60,000–$68,000 support range, the next stop could be around $55,000 — but only under more extreme conditions. “Past bear markets have bottomed below the average cost basis for all historical buyers,” they said. That level currently sits around $55,000, but “during the 2022 bear market, it took the combination of an equity bear market and several high-profile crypto bankruptcies to breach BTC's average cost basis.”

Read in full https://www.coindesk.com/markets/2026/02/02/crypto-bear-market-is-nearing-end-with-usd60k-as-key-bitcoin-floor-compass-point-analysts-say

[tygeade]

When you invest what you can afford to lose in BTC it will give you the boldness to create a daily budget or weekly budget in your BTC, because it will not make you to sell your BTC anyhow until it get to the price of your choice before you can sell to earn massive profits. I guess some hodlers will use this sudden dump to know that bear market is about to be stable for some weeks or months to allow both short time hodlers and long time hodlers to make use of the opportunity to add more BTC to their portfolio, because there will be great opportunity to make good profit.

The whole idea of "invest what you can afford if loss occurs" means that you do not have to sell when it goes down. So even if you bought at 120k, you can keep hold of it, and if you could buy some more at lower price that would be great. And while it's of course sad to buy at the top, if you can hold that means eventually price will go back up and you can make a big profit.

However, at this point people do not trust to have that kind of return, like 2x would be last time's ATH and there are some situations where it is not going to be the same. We need to make sure that we understand how we need to hold and do DCA if we bought at high price, and when it is crashing, doing DCA is somehow meaningful because all you gotta do is just buy a bit every month when you get paid and you are making use of cheaper prices out of commitment whereas others wait for further bottom which may never occur.

[bbc.reporter]

If you are not accepting that the bubble is presently happening, this news article is giving more warning signs that the bubble is popping. However, on the good news, I speculate that we might witness a shorter bear market than what we have witnessed before.



Bitcoin’s selloff wasn’t contained to digital coins and tokens — major companies in the space are down badly today, too, with Bitcoin treasury Strategy nosediving more than 5% on Wednesday.

All eyes are on the pioneer of the treasury trade as Michael Saylor will share his company’s earnings on Thursday. Strategy’s Nasdaq-listed stock is down over 23% the past month, and nearly 70% in the past six months.

America’s biggest crypto exchange, Coinbase, also took a hit Wednesday, and was trading more than 7% lower, closing Wednesday priced at nearly $169 a share.

Meanwhile, USDC issuer Circle, which trades on the New York Stock Exchange, was trading 2% lower, at $55, and trading platform Robinhood took a harder hit — it’s down 8% over the past day. It finished the day at close to $81.

Bitcoin miners also got slammed by the downturn.

Publicly traded companies that recently have made the move to providing high-powered computing resources for the artificial intelligence industry dropped further.

HUT 8 closed the day 8% lower; Core Scientific dipped by nearly 9%. Mara Holdings’ stock also dropped by 9% and IREN finished the day 17% lower.

Read in full https://www.dlnews.com/articles/markets/bitcoin-price-drops-under-72000-bringing-crypto-stocks-with-it/

[bbc.reporter]

Microstrategy is down -$7.8 billion on bitcoin, Bitmine is down -$8.0 billion on ethereum and the smaller digital asset treasuries also have big losses and this caused these smaller digital asset treasuries to dump their cryptocoins to support their stocks.

I have changed my positive statements of these digital asset treasuries. I reckon that the cryptospace might have been better without them hehehehe.

[bbc.reporter]

According to Artemis Analytics' platform, all of these digital asset treasuries have a combined loss of more than $20 billion in their investment in bitcoin and other cryptocoins. All of these companies have 0 in profit. They are very much similar to us in this forum heehhehehe.

In any case, does this imply that the bottom has been found and bitcoin will begin to pump again?





Source https://app.artemisanalytics.com/digital-asset-treasuries

[bbc.reporter]

These other companies that have followed Michael Saylor's strategy that are also beginning to buy bitcoin to hold in their treasury to cause a pump on their company's stock, what does everyone speculate on this? Will this create another overinflated bubble that will pop and cause bitcoin to dump similar to the bubble pops before?

It appears that the original argument that was created is becoming real! There are presently much speculations that Michael Sellor's dump of 32 bitcoin was only a test before he will begin selling more to have the liquid cash to pay for the yields of his issued debt STRC.

What is everyone's speculation on this? Is Michael Sellor's financial experiment created on bitcoin a ponzi scheme?



This leads us to Stretch (STRC), one of Strategy's preferred stocks. It is the main hose Saylor uses to pump cash into bitcoin.

It's easiest to think of it as a high-yield savings product with a bitcoin company standing behind it.

Designed to sit at $100, it pays a large monthly dividend.

It pays the dividend by selling new STRC shares to the public, and when buyers thin out, by selling the bitcoin underneath.

When STRC drifts below par, they raise the payout to pull buyers back in. When it runs hot, they trim it.

Strategy's own rulebook says that once STRC slips below $95, they have to raise the dividend again to drag it back toward $100.

It just printed 94.65.

As the chart above shows, STRC struggles every time bitcoin goes into free-fall.

The fix is a bigger dividend, which means more expensive money, at the exact moment Strategy is already selling bitcoin to cover the dividend it owes.

Saylor's stories and leveraged proxies are turning into the "fundamental disaster" McCullough called months ago.

Read in full https://app.hedgeye.com/insights/183083-institutional-money-was-supposed-to-save-crypto-it-s-burying-it

[philipma1957]

maybe depends on the next 60 days.

if we stay at 57-62k for 60 days in a row he will be hurting.

[Iranus]

It appears that the original argument that was created is becoming real! There are presently much speculations that Michael Sellor's dump of 32 bitcoin was only a test before he will begin selling more to have the liquid cash to pay for the yields of his issued debt STRC.

What is everyone's speculation on this? Is Michael Sellor's financial experiment created on bitcoin a ponzi scheme?

Based on my research, Strategy operate on a three -layer capital structure. Those are Bitcoin, STRC, and MSTR. This model only work well when Bitcoin is rising, and they can continue raising capital through new share issuances or convertible debt offering.

But if Bitcoin fall and they are unable to raise additional capital, which would put pressure on their balance sheet, then the pressure to sell Bitcoin will increase.

I have never really trusted Strategy's Bitcoin accumulation model. So I would not be surprised if they continue selling more Bitcoin in the near future.