Analyst Sees Bitcoin’s January 2026 Flash Crash and Drop to $75,000 as Setup for Next Bull Rally

On Saturday, Bitcoin plunged to a seven-month low just above $75,000, extending a nearly $20,000 loss over less than two weeks and closing January with a 10% decline. Analyst Merlijn The Trader argues this sharp sell-off and the extreme fear now reflected in sentiment could precede a major rally, highlighting quiet whale accumulation. He points to $78,000 as a key level that may decide whether BTC sees only a healthy pullback or a deeper move toward around $76,000.