On February 5 2026 Bitcoin fell from about $73,000 to below $63,000 in one of the worst days of a weeks-long downturn, with record realized losses as leveraged funds cut risk and a sell-off in stocks spread to crypto. The next day it reversed just as hard, rising from below $60,000 back above $71,000.
This is a brutal session because the two days demand opposite instincts: the first rewards cutting risk as support after support breaks, and the second punishes anyone still short or still frightened, with no clear signal marking where one ended and the other began.
Same engine, same hidden right-hand side — a different day's problem.