The post Will Bitcoin Break a 15 Year Pattern for the First Time Ever? appeared first on Coinpedia Fintech News
The global market crash has hit the crypto market hard, wiping out $184 billion in value and pushing the total market cap down to $2.43 trillion. Bitcoin is now trading around $71,470, just $2,000 above its key 2021 all-time high of $69,000.
Meanwhile, traders fear that if Bitcoin breaks its 15-year pattern, the market could face further downside.
Bhutan Selling BTC Led The Drop
One of the reasons behind this bitcoin price drop is selling from wallets linked to Bhutan’s Royal Government. During this market dip, Bhutan sold more than $22 million worth of Bitcoin, transferring over 284 BTC to institutional market maker QCP Capital.
Bhutan is selling Bitcoin. pic.twitter.com/WDuUQmBZsU
— Arkham (@arkham) February 4, 2026
Data shows that Bhutan has been selling Bitcoin in batches of nearly $50 million over the past few months.
Meanwhile, experts believ
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