\n<\/p>\n
\n\t\t\t\t\t\t\t\t\tBTC is down by over 30% from its October ATH, but one analyst expects more losses.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
The past week or so only intensified bitcoin\u2019s otherwise bearish sentiment that began in early October, and the asset plunged to $81,000, which was its lowest level since December.<\/p>\n
While some reports indicate<\/a> that whales have reentered the BTC ecosystem in their most significant buying spree in two years, one popular analyst believes there\u2019s more downside risk for the cryptocurrency.<\/p>\n As such, he outlined his target at which he plans to \u201csell everything\u201d and go all-in on BTC. And that target, according to Ali Martinez, is $45,163, which is the lowest level on the 3-day chart he posted on X.<\/p>\n At $45,163, I sell everything and go all-in on Bitcoin $BTC<\/a>. pic.twitter.com\/BvoydtuAgI<\/a><\/p>\n \u2014 Ali Charts (@alicharts) January 31, 2026<\/a><\/p>\n<\/blockquote>\n Before that, Martinez outlined<\/a> the next significant support levels for BTC in case its correction continues. The first is situated at around $76,000, followed by $56,200, and $53,000 if the first two give in.<\/p>\n The cryptocurrency decline over the past week was largely attributed<\/a> to the rising geopolitical tension, this time between Iran and the US, as the latter\u2019s president ordered a large naval fleet to move closer to the Middle Eastern country.<\/p>\n Additionally, the US Federal Reserve paused its interest rate cut policy, which was also believed to be bearish for risk-on assets.<\/p>\n Wall Street investors using the spot BTC ETFs to gain exposure to the asset have seemingly turned away, pulling out roughly $1.5 billion in the past week. Thursday was the worst day in a while, with more than $800 million leaving the funds on that day.<\/p>\n The cumulative net inflows have dropped to $55 billion, which shows a $3 billion decline since mid-January.<\/p>\n <\/p><\/div>\n\n
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