Recent data suggests Bitcoin's price may have hit its lowest point for 2026, settling around $75,000. Despite a drop to $74,680 due to futures market liquidations, the cryptocurrency shows signs of stability. Here are four reasons why Bitcoin might maintain this price point.
Bitcoin's decline to $74,680 followed the liquidation of $1.8 billion in leveraged bullish positions since a market downturn the previous Thursday. Investors have shifted to cash and short-term government bonds, particularly after a sharp decline in silver prices. This cautious approach was reinforced by concerns about tech sector valuations.
Despite fears of further declines, especially as gold strengthens as a secure asset, four indicators suggest that Bitcoin could hold steady above $75,000 through 2026. Macroeconomic risks have decreased, and market analysts may be exaggerating the impact of recent Bitcoin outflows and derivatives.
On the financial front, the yield on US 2-year Treasuries held at 3.54% on Monday, showing stability. A significant increase in demand for US government securities would have likely driven yields below 3.45%, as seen during the 2025 US government funding shutdown. Meanwhile, the S&P 500 index remained just 0.4% shy of its peak, reflecting optimism about resolving the latest US government partial shutdown.
In the tech sector, anxiety around AI investments has lessened. Oracle's announcement of plans to raise $50 billion in debt and equity during 2026 has reassured investors, following concerns about its aggressive AI expansion. This has contributed to maintaining resilience in Bitcoin derivatives markets.
Despite a 40.8% drop from its October 2025 peak, Bitcoin derivatives indicate that professional traders are not overly bearish. The Bitcoin futures annualized premium was at 3%, suggesting moderate demand for bullish positions. Typically, this figure ranges from 5% to 10% under normal conditions. Furthermore, BTC derivatives markets remain stable, with total futures open interest at $40 billion, a 10% decrease over the past month.
Concerns arose as spot Bitcoin ETFs saw $3.2 billion in net outflows since January 16. However, this amount is less than 3% of the ETF's total assets under management. Speculation affected Strategy (MSTR US) shares, which traded below net asset value, but the company reassured investors with $1.44 billion in cash reserves announced in December 2025, enough to meet its financial obligations.
While Bitcoin's price may face pressure as traders seek reasons for the recent sell-off, several indicators support the belief that the $75,000 level could hold firm.