On Feb. 6, 2026, Bitcoin (BTC) fell below its 2021 peak of $67,000. According to CoinGecko data, it hit $62,822 amid a steep correction, down 5.9% in 24 hours and nearly 20% for the week.
The token lost 26.1% over 14 days and 28.5% across the prior month. It remains more than 47% below its October 2025 all-time high of $126,080.
Bitcoin had plunged to $15,000 in 2022 after the collapse of FTX and then climbed above $100,000 by December 2024. That history underpins views that the current dip could offer a buying opportunity for long-term investors.
Market commentators and industry leaders, including Changpeng Zhao, Cathie Wood and Michael Saylor, have stated they expect BTC to reach $1 million over time. At that level, the asset would represent roughly a tenfold increase from present prices.
