Bitcoin price rebounds to $73000, market worries may fall to $50000

On February 4th, according to Forbes, the price of Bitcoin has fallen by about 10% in the past week, falling below the $80000 mark at one point and rebounding above $75000 after hitting a low of $73000. Binance CEO Zhao Changpeng stated that due to market panic, extreme liquidation events, and geopolitical uncertainty, the probability of a Bitcoin super cycle occurring has decreased to about 50%. Michael Burry, the prototype character of 'The Big Short', warns that the price of Bitcoin may further drop to $50000, and mining companies may face financial pressure or even bankruptcy risks. The flow of funds to safe haven assets such as gold and silver has intensified market concerns, with David Mercer, CEO of LMAX Group, stating that market volatility has significantly increased. Analysis suggests that the short-term trend of Bitcoin is still influenced by macro environment and market sentiment.