Bitcoin Looks Set for Longest Monthly Losing Streak Since 2018
by 1vuio0pswjnm7 on 1/31/2026, 5:26:18 PM
Comments
by: paxys
Whether the price goes up or down from here, one notion has been sufficiently shattered over the last couple of years - that Bitcoin is a stable source of value that acts has a hedge against inflation and currency control by governments. While assets like gold and silver have surged in the same time period due to political and economic uncertainty, as one may expect, Bitcoin has gone in the opposite direction and has been driven more by hype cycles and a small number of whales rather than any fundamentals.
1/31/2026, 7:45:54 PM
by: GCA10
Vibes guy here. I dabbled in Bitcoin for about a year, on the notion that if the world's overall financial system got degraded, more people would view Bitcoin holdings as a safe way to preserve value. Maybe better than owning physical gold. Why not get in early before the next stampede?<p>But I was wrong about bitcoin > gold. It's worked the other way around. There's also persistent chatter that the supposedly uncrackable Bitcoin private keys might someday be crackable with quantum computing. Preposterous? Maybe. Maybe not. There's a mind-blowing amount of compute coming into the world, and not all of it's going to be used to create goofy memes or robo-PowerPoints. Call me timid, but I cashed out with modest Bitcoin profits last year and am fine watching the show from the sidelines from here on.
1/31/2026, 6:57:17 PM
by: woeirua
My working hypothesis is that people are dumping Bitcoin for AI adjacent stocks because the hype around agents is growing.<p>There’s no way to prove this, but I’m seeing unexpected behaviors on the secondary markets for privately held AI companies.
1/31/2026, 6:52:20 PM
by: BJones12
And it will continue.<p>Bitcoin treasury companies [0] have equity values lower then their Bitcoin holdings, so it is the financially correct move to sell BTC at market price and use the proceeds to buy back their stock at the market price.<p>This will lead to additional downward pressure on BTC.<p>[0] <a href="https://bitbo.io/treasuries/" rel="nofollow">https://bitbo.io/treasuries/</a>
1/31/2026, 6:52:58 PM
by: jcfrei
BTC failed to live up to it's own prophecy by not doubling from the last height of ca. 69420 to at least 140k in 2025. There was a last chance in October of last year, where it seemed to get close but ultimately it just didn't find enough buyers. Now with the narrative broken (bitcoin always goes up over the long term) one sell off will lead to the next as more and more people lose trust.
1/31/2026, 7:14:47 PM
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1/31/2026, 7:39:03 PM
by: BJones12
<a href="https://archive.is/co3Wm" rel="nofollow">https://archive.is/co3Wm</a>
1/31/2026, 6:54:21 PM
by: epolanski
Doesn't matter, there's no shortage of clowns interested in buying because the price will go up.<p>Nowadays even includes banks and custody companies.<p>Doesn't matter how much it falls.
1/31/2026, 7:06:11 PM
by: Tade0
Somewhere in Paris, a phone laying on a glass table started vibrating and was picked up by a mysterious person who answered, with a thick French accent: "Yes?".<p>In all seriousness to me this is still within the bounds of "a Tuesday" in the BTC space. Stranger things have happened many times already.
1/31/2026, 6:52:49 PM
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1/31/2026, 6:24:47 PM
by: mytailorisrich
People dump BTC in order to buy gold.
1/31/2026, 6:38:55 PM
by: heldrida
Paywall
1/31/2026, 7:03:24 PM
by: napierzaza
[dead]
1/31/2026, 6:29:19 PM
by: zhug3
[dead]
1/31/2026, 6:36:19 PM
by: lm28469
This is good for bitcoin /s<p>When silver is behaving like a shitcoin you know we're in for a fun ride. I think the fact that anyone with a phone can now download countless apps that allows them to """invest""" with leverage &co was a mistake. My bank app now advertises memecoins as a way to build "wealth"...
1/31/2026, 7:41:42 PM
by: zerosizedweasle
Trump associated currencies crashing.
1/31/2026, 6:52:27 PM
by: greenblat
Perfect time to buy
1/31/2026, 6:27:09 PM