{"id":71628,"date":"2026-02-09T21:31:31","date_gmt":"2026-02-09T21:31:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=71628"},"modified":"2026-02-09T21:31:31","modified_gmt":"2026-02-09T21:31:31","slug":"bitcoins-wild-ride-but-did-the-bull-case-actually-vanish","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=71628","title":{"rendered":"Bitcoin&#8217;s WILD Ride &#8211; But Did The Bull Case Actually Vanish?"},"content":{"rendered":"<div>\n<h1 class=\"wp-block-heading\">Enter: Kevin Warsh<\/h1>\n<p>After a relatively steady January where Bitcoin <a href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) outperformed traditional safe-havens like gold, toward the end of the month, Bitcoin started to face significant weakness. This volatility skyrocketed over the past week, but why? Did anything fundamentally change with Bitcoin?<\/p>\n<p>Starting from its Jan 30th close near $82,000 (right after Kevin Warsh was nominated as Fed chairman), Bitcoin would end up plunging over 25% into yesterday&#8217;s close on Thursday and show the most oversold levels since\u00a0<strong>2018.<\/strong><\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin is now the most oversold since November 2018 <a href=\"https:\/\/t.co\/PW0zKKmAas\">https:\/\/t.co\/PW0zKKmAas<\/a> <a href=\"https:\/\/t.co\/YIAplHeHPW\">pic.twitter.com\/YIAplHeHPW<\/a><\/p>\n<p>\u2014 Milo (@milocredit) <a href=\"https:\/\/twitter.com\/milocredit\/status\/2019563193031700648?ref_src=twsrc%5Etfw\">February 6, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/p>\n<\/figure>\n<p>Several factors likely contributed to the move:<\/p>\n<ul class=\"wp-block-list\">\n<li>Kevin Warsh&#8217;s nomination reinforced hawkish expectations<\/li>\n<li>The 10-year Treasury yield rose to 4.35%, strengthening the dollar<\/li>\n<li>Soft labor data increased recession concerns<\/li>\n<li>Correlated selling in risk assets like $IGV<\/li>\n<li>A cascade of leverage-driven liquidations in crypto markets<\/li>\n<\/ul>\n<p>Importantly, none of these altered Bitcoin&#8217;s underlying mechanics.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">More downside for BTC ahead<\/p>\n<p>Jim Cramer cursed us <a href=\"https:\/\/t.co\/KXETjQJlrt\">https:\/\/t.co\/KXETjQJlrt<\/a> <a href=\"https:\/\/t.co\/HcBdeS55ey\">pic.twitter.com\/HcBdeS55ey<\/a><\/p>\n<p>\u2014 Robert (infra \ud83c\udfdb\ufe0f\u231b\ufe0f) (@infraa_) <a href=\"https:\/\/twitter.com\/infraa_\/status\/2019080453240529290?ref_src=twsrc%5Etfw\">February 4, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/p>\n<\/figure>\n<p>But did anything fundamentally change with Bitcoin&#8217;s bull case?<\/p>\n<p>Our opinion: not at\u00a0<em>all.\u00a0<\/em>This dip was for buying, not selling.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/media.beehiiv.com\/cdn-cgi\/image\/fit=scale-down,format=auto,onerror=redirect,quality=80\/uploads\/asset\/file\/dacf4422-84a4-4aa3-b4ac-da7e39bc9030\/Screenshot_2026-02-06_at_1.48.42_PM.png?t=1770414635\"><\/p>\n<p><small><em>Bitcoin&#8217;s wild ride since the end of January.<\/em><\/small><\/p>\n<h1 class=\"wp-block-heading\">A Dove in Disguise?<\/h1>\n<p>Kevin Warsh has surely been a Fed critic and generally a hawk in his private life. &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/Opinion\/26\/02\/50496112\/bitcoin-wild-ride-but-did-the-bull-case-actually-vanish?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Bitcoin's\" wild ride but did the bull case actually vanish>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Enter: Kevin Warsh After a relatively steady January where Bitcoin (CRYPTO: BTC) outperformed traditional safe-havens like gold, toward the end of the month, Bitcoin started to face significant weakness. This volatility skyrocketed over the past week, but why? Did anything fundamentally change with Bitcoin? Starting from its Jan 30th close near $82,000 (right after Kevin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-71628","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/71628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71628"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/71628\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}