$700 Billion Has Been Wiped Out From the Crypto Market in 2 Weeks, Will 2026 Be Bearish?

• $700 billion has been wiped out from the crypto market in 2 weeks.

• Will 2026 be bearish, or will the market recover?

• Reputed analyst expects BTC to drop to $54,000 – $44,000 and trigger a bear market.

The crypto community has experienced a brutal two weeks of declining crypto market prices, and analysts come together to debate the future of the market, at least for the year 2026. In detail, $700 billion has been wiped out from the crypto market in 2 weeks, will 2026 be bearish or worse than 2025? One respected crypto analyst believes greater price drops are on the horizon and that a bear market will unfold.

$700 Billion Has Been Wiped Out From the Crypto Market in 2 Weeks

According to CoinMarketCap analytics, the price of the pioneer crypto asset, Bitcoin (BTC), has been slipping over the last two weeks, leading to exceptionally bearish price drops during this time. To highlight, the price of BTC fell as low as the $74,000 price range yesterday, and already the price of Bitcoin is trading back at the $78,000 price range. Analysts now wonder if BTC will rise again or fall further.

BREAKING:

$700,000,000,000 has been wiped out from the crypto market in just 2 weeks.

2026 is turning out to be even worse than 2025. pic.twitter.com/GnsAkHF2GX

— Ash Crypto (@AshCrypto) February 2, 2026

As we can see from the post above, the price of BTC dipping over the last two weeks has led to $700 billion being wiped out from the crypto market. Many traders are losing confidence is the possibility of a crypto market rally and are hoping for a miracle. Meanwhile, other bearish analysts are preaching of much lower prices coming ahead for BTC and believe that the thick of the bear market will arrive next.

#Bitcoin – What’s Next?

The Big Sunday Report: All You Need to Know

🚩 TA / LCA / Psychological Breakdown:

Two weeks ago in the Sunday report at 95k I said the following: “Bitcoin remains stuck in a sideways consolidation, which is still bearish, and it is only a matter of… pic.twitter.com/LOxnv7ROFD

— Doctor Profit 🇨🇭 (@DrProfitCrypto) February 1, 2026

As we can see from the post above, this reputed and popular crypto analyst and trader, Doctor Profit, known for his many accurate predictions, believes his forecast for BTC price falling under $80,000 has finally come true. He says this loss of the $80,000 price level will highlight a highly important week for the crypto market. He then goes on to explain that a death cross is unfolding, meaning a bear market will ensue.

Will 2026 Be Bearish and Worse Than 2025?

Following a long and detailed report, the analyst summarises the most important points, starting with the fact that BTC lost the MA100 Weekly, which is an extreme and critical market indicator that acts as another signal confirming the commencement of the next cycle’s bear market. Thus, he shares his renewed BTC bottom price expectations, which now sit between the $54,000 – $44,000 price region.

What’s more, the expert goes on to share an opinion, which is that when the price of BTC falls below MSTR’s $76,000 average entry, risk and fear will shoot up and lead to greater continued downside pressure. Overall, he concludes that his outlook remains extremely bearish, fully validating the $115,000 – $125,000 cycle-top call and confirms keeping his BTC short trade from that range fully open.