The post Bitcoin Risks Further Slide as Momentum Weakens Below Key Support appeared on BitcoinEthereumNews.com.

In brief Bitcoin is holding above the $74,000 level, but analysts say momentum remains fragile and downside risks persist. QCP Capital is warning a break below could deepen losses, while relief likely requires a move back above $80,000. Macro uncertainty, policy risk, and leveraged positioning continue to weigh on confidence across crypto markets, Decrypt was told. Bitcoin has stabilized after a sharp selloff, but weakening momentum below key support levels has left it and the broader crypto market vulnerable to further downside, experts warn. The stable level finds Bitcoin “above $74,500,” but price action “remains fragile,” with momentum that “continues to point lower,” analysts at crypto trading firm QCP Capital noted this week. The desk added that “upside remains constrained near recent resistance levels,” leaving broader markets “exposed to further liquidation-driven moves.”  QCP said the next few sessions will be key, warning that a sustained drop below $74,000 could open the door to a deeper slide across crypto, while a move back above $80,000 may offer short-term relief. It also said traders are watching for signs of institutional buying near $76,000, along with easing geopolitical tensions and more dovish signals from the Federal Reserve. Bitcoin has pared back losses seen during the U.S. trading session when it dipped to as low as $73,100. It remains down 1.7% on the day to $76,400, according to CoinGecko data. Outside of crypto, the same caution flagged by QCP is being echoed. Michael Burry, best known for his role in The Big Short, flagged tightening liquidity conditions and renewed fragility across risk assets, warning that recent moves reflect structural pressure. “Sickening scenarios have now come within reach,” Burry said as cited by Business Insider, outlining three other consequences in particular he believed were possible if bitcoin continued its free-fall. Burry noted a slide…

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Filed under: News - @ February 4, 2026 3:25 am