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$BTC BTC drops to $81,000 and triggers $1.9 billion in liquidations – Bitcoin on January 30.
The dollar starts the year in the red, and usually, the fragility of this asset benefits Bitcoin and cryptocurrencies. But this time, that’s not the case, as Bitcoin has been stuck around $90,000 and has plunged to the $81,000 level. The downward volatility has led to a broad decline in cryptos, with the market recording $1.9 billion in liquidations. Panic in the crypto markets? We take a look in the BTC bulletin for January 30!
Bitcoin price falls to $81,000 and drops 6.7% in 24 hours
Has the king of cryptocurrencies permanently lost the $90,000 level? Bitcoin’s price has fallen 6.7% in 24 hours, returning to around $81,000. This is a level not seen since November 21. With this sharp move, BTC is down 6.8% since the beginning of the year.
BTC is in the red over the last six months. Indeed, it has fallen 8% in one week, 6.8% in one month, 25% in three months, and 27.4% in six months. During this challenging period, Bitcoin has been more resilient than Ethereum. In fact, the BTC/ETH pair has risen over 6% in the last three months.
Panic and liquidations on Bitcoin and cryptos!
The crypto market is fragile, with Bitcoin back around $80,000 and Ethereum falling below $2,700. According to Coinglass data, there were $1.9 billion in liquidations between January 29 and 30. Quite logically, it appears that mostly “long” (buy positions) were impacted.
The liquidations are impressive, but less so than those recorded in November.
If the $84,000 level acts as resistance, BTC could fall toward the next support at $76,500. Conversely, if the price rebounds above $84,000, it could reach the resistance at $89,000. Buyers need to act quickly to avoid falling below $80,000. Meanwhile, the RSI remains relatively strong; a rise above 62 would confirm a new bullish divergence.
Bitcoin’s price has dropped sharply over the last 24 hours, leading to many liquidations. The decline could continue if the 4H level at $84,000 is not recovered. Even though BTC is fragile, Elon Musk and Tesla still hold all their BTC.
THE BITCOIN NEWS THAT MATTERS
Investors are currently shifting their capital into gold. But sooner or later, the gold rally could lead to an appreciation in Bitcoin’s price.
Despite the dollar’s sharp decline, Bitcoin is not rebounding because it is still perceived as a risky asset, dependent on liquidity and US monetary policy.
Tesla has maintained all of its 11,509 BTC in Q4 2025 despite market volatility and a dip around $80,000.
Nearly 39% of American traders now accept payments in cryptocurrencies, driven by strong customer demand.
✍️✍️🧘🧘✊✊#BitcoinWeakensVsGold #CryptoMarketPullback $BTC