Bitcoin price is heading into the new week sitting right below key psychological levels, but buyers don’t look fully in control yet. Bitcoin has tested the $70,000 mark several times, only to face steady selling each time it tries to push higher. The momentum is there, but the follow-through has been weak, making a clean move toward $72,000 harder than expected.
With the star crypto stuck just below major resistance, the coming week will likely decide whether buyers regain strength or if consolidation continues before the next breakout attempt.
Bitcoin Price Prediction: Breakdown Below $70K Puts $59K Support in Focus
Bitcoin is trading near $68,687 on the daily chart after failing to hold above the $70,000–$72,000 resistance band. The recent rejection from that supply zone triggered a sharp sell-off, confirming that buyers are still struggling to build momentum above the psychological $70K mark. The structure now reflects a clear lower-high formation, keeping short-term pressure tilted to the downside.
The chart shows BTC breaking below a strong horizontal support zone near $72K, which previously acted as a consolidation floor. Once that level gave way, the price accelerated downward toward the highlighted demand region around $59,600. The long lower wick near $59K suggests aggressive dip-buying. However, the rebound has been weak and remains capped below $70K, indicating that the move may be corrective rather than impulsive.
If BTC continues forming lower highs below $70K, the structure favors a retest of $59,600 (major support), followed by $55,000–$52,000 if that zone fails.
The sell-off toward $59K came with a clear spike in volume, confirming strong participation during the drop. That usually reflects forced liquidation and panic exits rather than controlled rotation. The On-Balance Volume (OBV) continues trending lower, signaling sustained capital outflow. There is no bullish divergence visible yet, which suggests accumulation hasn’t fully returned. While the histogram shows early signs of flattening, there is no confirmed bullish crossover yet. That means downside pressure still dominates the weekly outlook.
The Final Verdict—Levels to Monitor This Week
Bitcoin price remains at a critical decision point after its rejection near $70,000. If bulls manage to reclaim and hold above the $70K–$72K resistance zone with strong volume, momentum could shift quickly, opening the path toward $78,000 in the coming sessions. However, failure to break this ceiling keeps downside risks intact. A renewed rejection may drag BTC back toward $59,600 support, and a breakdown below that level could extend losses toward the $55K region. The next few daily closes will likely determine the dominant trend for the week.
Bitcoin is showing signs of stabilization after weeks of volatility, raising a major question across the crypto market: Is the recent Bitcoin price crash finally coming to an end? Recent chart patterns suggest that the market may be entering a short-term recovery phase, although longer-term risks still remain.
Recent Bounce Points to Short-Term Strength
Gareth Soloway said that Bitcoin recorded a healthy rebound in recent sessions, forming a classic consolidation pattern after a small upward move. This structure, often described as a “bull flag,” occurs when price rises, pauses within a narrow range, and then attempts another upward push. Such formations often lead to short-term rallies, especially when buyers continue to defend nearby support zones.
The current chart structure shows Bitcoin holding steady rather than dropping sharply, indicating that selling pressure has slowed. As long as the price continues trading within this consolidation range, the probability favors a gradual upward move in the near term.
Possible Relief Rally Targets
If the current pattern plays out fully, Bitcoin could stage a relief rally toward the $80,000 region, with an extended upside area potentially reaching $85,000, where strong resistance from previous trading activity is expected. This zone represents an area where many investors previously sold, which could again create selling pressure once price approaches it.
Even if the market rallies into this region, it does not automatically confirm the start of a long-term bull run. Instead, it would represent a recovery phase following the recent decline, and the market would still need to prove it can sustain higher levels before a larger uptrend is confirmed.
Larger Downside Risks Still Exist
While short-term charts show improving conditions, longer-timeframe technical patterns still suggest that Bitcoin could face broader downside risks if resistance zones remain unbroken. A large head-and-shoulders structure, often associated with extended declines, remains visible on higher-timeframe charts. If this pattern eventually completes, deeper downside levels — potentially even toward the $35,000 range — cannot be ruled out.
Because of this uncertainty, many long-term investors are gradually accumulating positions instead of trying to predict the exact market bottom. This approach allows participation in potential long-term growth while managing the risk of further short-term declines.
Market Sentiment and Broader Crypto Movement
Interestingly, market sentiment across the crypto sector has been relatively weak in recent weeks, and historically such bearish conditions sometimes appear near short-term turning points. Several major altcoins, including Ethereum, Solana, and XRP, are also showing small recovery patterns, supporting the idea that the broader crypto market may be entering a temporary rebound phase.
Outlook: Recovery Signs, But Confirmation Needed
At present, the Bitcoin crash does not appear fully resolved, but early recovery signals are becoming visible. For a stronger recovery outlook, Bitcoin must successfully break above major resistance zones and hold those levels over time.
Bitcoin traded mostly flat over the past 24 hours, posting only a small increase after reaching a slightly higher high during the weekend session. The price action shows that the market is currently pausing after its recent climb, with buyers and sellers both waiting for a stronger signal before taking large positions.
Consolidation Continues After Recent Rally
After the sharp rise earlier this month, Bitcoin has entered a short consolidation phase. Instead of a strong pullback, the market is holding within a narrow range, which often happens when traders lock in profits while new buyers gradually step in. The earlier upward move still suggests that the broader trend remains tilted toward higher levels, but confirmation will depend on whether prices break out of the current range.
Important Levels Traders Are Watching
Bitcoin is currently supported in the $66,200 to $68,400 area. As long as the price remains above this range, the structure of the recent recovery stays intact. A drop below $68,680 would indicate the start of a deeper correction and could weaken short-term sentiment.
On the upside, the next resistance stands near $71,740. A strong push above this level could lift the price toward $74,460, and if buying interest continues, the broader technical target near $78,150 could come into view in the coming sessions.
Weekend Trading Shows Steady Demand
Weekend sessions often bring slower trading activity, but the formation of slightly higher highs suggests that buying interest has not disappeared. The market’s ability to hold recent gains without a sharp decline indicates that sellers are not yet in full control.
Short-Term Outlook
Bitcoin’s near-term outlook remains slightly positive while it trades above the current support zone. The ongoing sideways movement appears to be a base-building phase that could prepare the market for the next larger move. A breakout above resistance levels may trigger another upward leg, while a fall below support could lead to a wider corrective phase before the next rally attempt.
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The Bitcoin price is once again sitting in “Extreme Fear.” Historically, that label has marked some of the best accumulation zones the market has ever seen. But 2026 isn’t seeing one particular event based crash. And the structure behind current selloff looks very different.
Let’s rewind. Back in 2012, price collapsed to $7.10. During the Mt. Gox crisis, it dropped to $421.55. The 2017–2018 crash bottomed at $3,129.39. The COVID panic low came in at $3,852.65. Then the FTX-driven washout pushed price to $15,642.12. Each of those moments coincided with extreme fear readings. Each time, institutional interest was minimal, and government support was nonexistent, and retail capitulation defined the mood. And eventually, rallies followed.
Extreme Fear Then and Now
Fast forward to the 2026 crash. A low of $60,001.01 on Coinbase has printed in February while sentiment sits in the same “Extreme Fear” zone.
On paper, that sounds familiar. Historically, fear extremes have aligned with major bottoms on the Bitcoin price chart. But here’s the complication: the market today is saturated with institutional flows, ETF structures, and macro-driven liquidity cycles.
This isn’t just retail panic anymore. The fear and greed index may reflect retail sentiment, but in a market increasingly influenced by ETF sponsors and large capital allocators, that dial might not be accurate this time.
ETFs and Macro Pressure
Well, here’s the reason why a dip has more odds. If institutions tend to scale in at discounted levels, the indicator could simply be lagging liquidation events rather than signaling recovery. In other words, extreme fear might just be a snapshot of damage already done and its not confirmation that selling pressure has ended.
Macro-driven selloffs also muddy the picture. BTC/USD doesn’t move in isolation when broader markets tighten. Risk-off environments can override sentiment-based signals, especially if forced liquidations are still unfolding.
Historically, the most powerful accumulation phases began when even dip-buyers went quiet. We’re approaching that disbelief phase, but whether it’s fully played out is another question.
Whale Activity Adds Pressure
And then there’s whale activity. A prominent known whale wallet recently deposited another 5,000 $BTC thats worth $348.82 million into Binance. Large inflows to exchanges often precede potential distribution. That doesn’t guarantee selling, but it adds supply-side uncertainty at a fragile moment.
Bitcoin just reclaimed $70,000 — but Garrett Jin(#BitcoinOG1011short) is selling again!
Extreme fear alone isn’t a timing tool. Until forced liquidations ease and spot demand absorbs supply without heavy reliance on sentiment gauges, the Bitcoin price remains vulnerable to another leg lower beneath $60K even if history suggests these zones eventually become accumulation opportunities.
Bitcoin is once again testing investor confidence. After falling below $66,000 and triggering about $177 million in long liquidations, BTC quickly bounced back above $69,000, forcing nearly $140 million in short positions to close. This sharp move in both directions shows that the market is being driven more by leveraged trades than steady buying or selling.
At the time of writing, Bitcoin is trading around $68,752. However, market mood remains weak. The Bitcoin Fear and Greed Index has dropped to 9, which signals Extreme Fear. Even though the price looks stable, many traders are hesitant and unsure about the next move.
Bitcoin Key Price Levels to Watch
Right now, price movement is focused on important support and resistance zones.
On the downside, the $63,000–$65,000 range is an important support area. If selling pressure increases, Bitcoin could revisit this zone. A break below it may lead to further downside.
On the upside, the $69,000–$71,000 range is acting as strong resistance. If buyers manage to push the price above this level and hold it, Bitcoin could aim for higher levels. If not, the price may pull back again before trying another move up. Data from Glassnode shows that although Bitcoin has been moving between $65,000 and $73,000 recently, traders in the options market expect a bigger price swing soon. This suggests the current calm may not last long.
Why $55,000 Is Important for Bitcoin Price?
According to CryptoQuant, Bitcoin’s realized price is close to $55,000. The realized price represents the average price at which coins last moved on-chain. In previous bear markets, Bitcoin often dropped 24% to 30% below this level before forming a strong bottom.
For now, Bitcoin is still well above $55,000. This means the market has not seen full panic selling yet. On-chain data also shows that more than half of the Bitcoin supply is still in profit. Long-term holders are not selling heavily, which suggests the market has not reached a deep crisis point.
Historically, major bottoms do not form in one sudden crash. They usually take several months of sideways movement and repeated testing of support levels.
What Happens Next for BTC?
If selling pressure increases, Bitcoin could move toward the $55,000 level, or even the low $50,000 range. On the other hand, if buyers push the price above $70,000 and hold it, confidence could slowly return.
For now, Bitcoin remains in a sensitive phase. Fear is high, volatility is building, and price is moving between key support and resistance levels. The next few months will likely decide whether this is the start of a deeper correction or the early stage of recovery.
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FAQs
How do large liquidations impact everyday Bitcoin investors?
Sharp liquidations can widen price swings and increase short-term risk, especially for traders using leverage. Long-term holders are usually less affected unless volatility triggers broader panic selling. For new investors, sudden moves can create emotional decision-making and poor entry timing.
Why does options market activity suggest bigger price moves ahead?
When options traders price in higher implied volatility, it signals expectations of a significant breakout or breakdown. This often attracts short-term speculators and hedgers, which can amplify momentum once a key level is breached. Increased derivatives positioning can also accelerate moves in either direction.
What signals would confirm a stronger market recovery?
Sustained spot buying, rising trading volume, and improving funding rates would indicate healthier demand. A shift in sentiment from fear toward neutral or greed typically supports steadier upward trends. Stability above major resistance for several weeks would further strengthen confidence.
Who benefits most during high-volatility phases like this?
Market makers, short-term traders, and hedged institutional participants often benefit from rapid price swings. Volatility creates more trading opportunities and spreads. However, investors without risk management strategies may face higher losses during sharp reversals.
Bitcoin is currently trading at: $ 69,824.78791785
Predictions suggest BTC to hit $150K to $250K before 2026 ends.
Long-term forecasts estimate BTC prices could hit $900K by 2030.
After a historic 2025 that saw Bitcoin shatter records and flip the legendary $125,000 mark, the market has taken a sharp, cooling turn. The early weeks of 2026 have been defined by a “sell-the-news” reality check, leaving many to wonder if the bull run has finally run out of steam or if we are simply witnessing the ultimate “buy the dip” opportunity.
The landscape has shifted. With a pro-crypto administration in the White House and institutional giants like MicroStrategy and Metaplanet treating BTC as a foundational reserve asset, the rules of the game have changed. No longer just a speculative play for retail traders, Bitcoin is now a geopolitical chess piece and a corporate balance sheet staple.
But as the price tests crucial support levels, the big question remains: Is this a temporary correction before a march toward $200,000, or the start of a long-term reset?
In this deep dive, we break down the Bitcoin price prediction for 2026–2030, exploring the massive trends, regulatory shifts, and institutional moves driving this historic cycle. If you want to know where the floor is and how high the ceiling goes. read on for the full scoop.
Coinpedia’s BTC Price Prediction 2026
In early 2026, Bitcoin is in a correction phase after peaking at around $126,296 in October 2025. A potential bottom may occur around December 2026, with significant support expected between $25,900 and $30,350. Historical trends suggest this decline could reach 70%-76%, potentially bringing Bitcoin down to the lower border of the ascending broadening wedge’s support. This period may mark the end of the bear market, with 426 days in total, similar to historical correction periods, and pave the way for a rally in the next year.
What is the Bitcoin price prediction for today?
The BTC price may range between $66,571.61 and $69,665.79 today.
As of mid-February 2026, Bitcoin price is hovering near $70,000 after experiencing a sharp drop from the late January level of around $90,000. In the short term, the $60,000 support level is crucial in preventing BTC from seeking lower areas.
So far, several key levels have been breached, prompting traders to wait for a clear indication of a short-term bottom before making larger bets. Overall, market sentiment clearly appears shaky, leaning more toward the bearish side. The Crypto Fear and Greed Index remains in the Extreme Fear zone, and Bitcoin ETFs have not getting enough inflows since September 2025.
Additionally, the 50-day EMA is currently below the 200-day EMA, indicating that the death cross signal has been in effect since mid-November. A short-term death cross between the 20-day and 50-day EMA bands occurred in late January, further confirming the prevailing bearish trend.
As a result, traders are now looking at the $60,000-$65,000 range as the next line of support. If this level is breached, it could trigger forced selling. February has started off choppy, and this volatility may continue until buyers return in significant numbers. If they do, the first target for February will be $74,750, with a second target of $84,900 in the short term.
While the bearish structure remains dominant, a shift toward a bullish trend will depend on overcoming the $95,700 level of the 200-day EMA. Until that happens, the overall market outlook remains bearish.
Bitcoin Price Prediction 2026
The current price action in early 2026 confirms that Bitcoin price is following a well-defined historical rhythm within its long-term ascending wedge. After reaching a peak of approximately $126,296 in October 2025, the market has entered a significant correction phase.
This peak was not accidental; it represented a direct hit on the upper resistance boundary of the wedge pattern that has governed Bitcoin’s macro price action for years. Historically, these touches lead to extended periods of decline the first major crash from $21,000 lasted 427 days, while the second from $69,000 lasted 426 days. If this 14-month corrective cycle holds true, we are looking at a “target date” for a definitive bottom around December 2026.
The intensity of the sell-off in February 2026 was largely driven by a failure to reclaim the $87,800–$92,950 supply range. According to the anchored volume profile, this zone represented the highest momentum area of the previous bearish move, and once it flipped from support to resistance, the downward pressure has accelerated. Since markets don’t go straight, there will be attempts to rise, but the likelihood is high that they will occur in the future as fakeouts and result in further decline.
As we look toward the remainder of 2026, the charts suggest that the most significant high-momentum demand area sits much lower, specifically between $25,900 and $30,350.
This range represents a crucial “interest zone” where institutional buyers previously stepped in and where the lower support of the ascending wedge is likely to converge by year-end.
Statistically, Bitcoin’s major crashes have shown a trend of diminishing returns in terms of percentage drawdowns. The late 2017 onwards crash saw an 87.25% decline, and the 2022 crash reached 78.65%. Following this trajectory of “dampening volatility,” the current third crash is projected to result in a 70%-76% approx decline. From the $126,000 ATH, a 76% correction would push the price toward that critical $30,000 region.
Consequently, the prediction for December 2026 is a final test of the wedge’s lower border within this demand zone, marking the end of the current bear cycle and setting the stage for the next period of accumulation and next big rally could occur in 2027 onwards.
BTC Price Indicator Analysis 2026
Similarly, the technical indicators shows that Bitcoin price has already entered a danger zone we haven’t seen in years. On a deeper look at the monthly RSI, BTC has a legendary track record of never hitting “oversold” levels; it usually bottoms out right around the 40 mark. Right now, we’re sitting at 44.49 and sliding fast. This isn’t just a dip it’s the classic signal that the bearish momentum is finally taking over and heading for that historical floor.
The indicators under the hood are screaming the same thing. The MACD has already locked in a bearish cross, and the gap between the lines is widening. In past crashes, the selling hasn’t stopped until those lines flattened out near the zero mark. We aren’t even close to that “exhaustion” point yet, meaning there is plenty of room for this to bleed out further.
Even the “smart money” indicator (CMF) is still showing positive inflows for now, but that’s actually the scary part. Once that green line snaps below zero and heads toward -0.20, that’s when the real panic hits. We aren’t at the end of the crash; we’re in the middle of it. Don’t mistake this for exhaustion, as the collapse toward the pattern’s lower border would soon intensify.
Month
Potential Low
Potential Average
Potential High
2026
$30,000-$45,000
$90,000 – $101,000
$115,000 – $118,000
Bitcoin Price On-chain Outlook
Liquidation data shows roughly $5.81 billion on the short side, compared with just over $380 million on the long side. That imbalance matters because it’s completely dominated by bears and bulls, with no room for survival. It suggests traders are leaning into weakness rather than preparing for a sustained rebound.
In other words, the futures market isn’t buying the bounce. It’s betting against it.
And if BTC price drifts lower again, that heavy short positioning could amplify volatility rather than cushion it. This is why any BTC price prediction right now carries asymmetric risk.
Moreover, the BTC long-term holder SOPR chart shows a current value of 0.7, which is below 1, indicating that more long-term investors are selling at a loss. And it’s seen when more holders keep selling at a loss, this metric has a history of hitting the 0.2-0.3 mark, which has truly seen a fresh demand. For now, the long-term trend is more bearish.
Recent Events Affecting Bitcoin’s Price
The transition from late 2025 into early 2026 saw Bitcoin flip from a booming success story into a struggling “bear market.” After hitting its peak in October, the excitement cooled off fast as the fundamental pillars holding up the price began to crumble at the same time.
By December, the “cheap money” era felt officially over. The Federal Reserve confirmed that high interest rates weren’t going anywhere, and the nomination of Kevin Warsh to replace Jerome Powell signaled a shift toward even tighter financial discipline. This left investors spooked, fearing a future without the safety net of central bank support.
The situation worsened in January when big institutional players started pulling their money out of spot ETFs to lock in profits. At the same time, rising tensions between the U.S. and Iran proved that Bitcoin isn’t yet seen as a “safe haven” but investors ditched crypto for actual gold to avoid the risk.
Finally, a “double blow” of bad news drained what was left of the market’s momentum. Crucial crypto legislation, the CLARITY Act, got stuck in the Senate, leaving the industry in legal limbo. Meanwhile, new fears about quantum computing threats to blockchain security started to circulate. Together, these events broke the market’s confidence, pushing the price toward the lower end of its long-term trend.
Bitcoin Crypto Price Prediction 2026 – 2030
Year
Potential Low ($)
Potential Average ($)
Potential High ($)
BTC Price Forecast 2026
150K
200K
230K
BTC Price Prediction 2027
170K
250K
330K
Bitcoin Predictions 2028
200K
350K
450K
BTC Price 2029
275K
500K
640K
Bitcoin Price Prediction 2030
380K
750K
900K
BTC Price Forecast 2026
The BTC price range in 2026 is expected to be between $150K and $230K.
BTC Price Prediction 2027
Subsequently, the Bitcoin price range can be between $170K to $330K during the year 2027.
Bitcoin Predictions 2028
With the next Bitcoin halving, the price will see another bullish spark in 2028. Specifically, as per our Bitcoin Price Prediction, the potential BTC price range in 2028 is $200K to $450K.
BTC Price 2029
Thereafter, the BTC price for the year 2029 could range between $275K and $640K.
Bitcoin Price Prediction 2030
Finally, in 2030, the price of Bitcoin is predicted to maintain a positive trend. Indeed, the BTC price is expected to reach a new all-time high, ranging between $380K and $900K.
Based on the historic market sentiments and trend analysis of the largest cryptocurrency by market capitalization, here are the possible Bitcoin price targets for the longer time frames.
Year
Potential Low ($)
Potential Average ($)
Potential High ($)
2031
$540,830.43
$901,383.47
$1,261,936.86
2032
$757,162.60
$1,261,936.86
$1,766,711.60
2033
$1,059,945.80
$1,766,711.60
$2,473,477.75
2040
$5,799,454.28
$9,665,757.13
$13,532,059.98
2050
$161,978,188.65
$269,963,647.74
$377,949,106.84
Bitcoin Prediction: Analysts and Influencers’ BTC Price Target
“Jack Dorsey, former Twitter CEO (now X), predicts Bitcoin could exceed $1 million by 2030 due to its ecosystem growth and increasing adoption.”
Cathie Wood, CEO of Ark Invest, projects Bitcoin to reach $1.5 million by 2030, driven by institutional adoption and its position as digital gold.”
“Wall Street broker Bernstein believes 2026 will mark the start of a tokenization “supercycle,” maintaining its $150,000 Bitcoin price target for this year and $200,000 for the 2027 cycle peak.”
“Brad Garlinghouse, the Ripple CEO, predicts Bitcoin will hit $180,000 in 2026, due to favorable market and regulatory conditions.”
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Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
What are the biggest risks to Bitcoin’s price in 2026?
Major risks include global recessions, tighter crypto regulations, declining liquidity, or a sustained breakdown below key support levels.
How much will BTC be worth in 2030?
Bitcoin price forecasts for 2030 range from $380K to $900K, driven by scarcity, long-term adoption, and expanding institutional participation.
What will be the price of Bitcoin in 2050?
While uncertain, many long-term projections suggest Bitcoin could exceed $1 million by 2050 if it becomes a global store of value.
Is Bitcoin still a good hedge against inflation in the long term?
Bitcoin’s fixed supply makes it attractive as an inflation hedge, especially during currency debasement and long-term economic uncertainty.
The Bitcoin price hasn’t bottomed. Not even close, if you’re looking at the data without rose-colored glasses.
Sure, there’s been dip-buying and day traders earned some money. But here’s the uncomfortable part, almost all of it is coming from one aggressive player. In January alone, Strategy scooped up 40,150 BTC, accounting for 97.5% of all active DAT buying volume. Strip that out, and the buy-side looks eerily thin.
Meanwhile, the Spot CVD is flashing massive red bars. Translation? Outside of that single large accumulator, buyers are largely missing in action, shows shortterm momentum. Because, that’s not exactly the kind of healthy hand-off you want to see at a durable bottom for a longterm rally.
Bitcoin Price and Thin Demand
When the Bitcoin price is leaning on one dominant buyer, it’s usually not a sign of strength, per an analyst Sunny Mom. Markets bottom when broad demand steps in and not when one entity carries the most of the load.
The BTC/USD pair reflects that imbalance. The selling pressure is visible, and the cumulative volume delta shows a market still distributing coins rather than absorbing them smoothly.
And that’s just the first warning. Because CryptoQuant insights shows that Open Interest also hits yearly lows
The data showed that futures Open Interest has dropped to $21.3B, this is a yearly low. Leveraged speculators have largely exited. On the surface, that sounds cleansing. But here’s the kicker: it also means there’s barely any momentum left in the system.
Reduced leverage, Reduced fuel. When open interest collapses like this, it signals apathy. The Bitcoin price chart isn’t showing eager dip buyers piling in. It’s showing a market that’s stepped back.
Miners and MVRV Flash Caution
Now layer in miner behavior. Analyst sheds light on this also where it says that after February 9th, large-scale miners began trimming positions, increasing circulating supply. More coins hitting the market while demand is weak? Which is not ideal at all for bulls market start.
Then there’s the MVRV ratio, currently sitting at 1.2. Historically, macro bottoms tend to form between 0.7 and 0.8. Do the math, and that suggests potential downside of roughly 30–40% from here.
That’s not a forecast carved in stone. As markets mature, bottoms can form at higher levels than in prior cycles. But based on historical context, we’re not in classic capitulation territory just yet.
If patterns repeat, the $48K–$58K zone looks like a plausible “fair value” bottom for this bearish phase. Until spot CVD flips meaningfully positive and demand broadens beyond a single aggressive buyer, calling a confirmed bottom feels premature.
For now, the Bitcoin price remains in a correction that doesn’t look finished.
The cryptocurrency market is showing signs of rallying again, with major assets including Bitcoin and Ethereum posting gains as improving macroeconomic signals and fresh institutional news lift investor sentiment.
Cooling Inflation Sparks Risk-Asset Buying
One of the main drivers behind the latest price increase is the release of softer-than-expected inflation data. U.S. CPI came in at 2.4%, below expectations of 2.5%, reinforcing expectations that inflation pressures may be easing. Lower inflation readings typically improve liquidity expectations and support risk-sensitive assets such as cryptocurrencies, technology stocks, and growth investments.
The broader crypto market capitalization climbed to roughly $2.35 trillion, while the CoinMarketCap 20 index rose more than 2%, reflecting a broad-based recovery across digital assets.
Institutional Sentiment Gets a Boost
The rise was also supported by renewed policy momentum in Brazil, where lawmakers have reintroduced a proposal to establish a strategic national Bitcoin reserve. The move is being viewed by traders as another step toward sovereign-level adoption of digital assets, strengthening long-term institutional confidence in the sector.
Such developments are increasingly influencing short-term price movements, as national-level policy discussions signal expanding recognition of cryptocurrencies within global financial systems.
Extreme Fear Triggers Technical Bounce
Despite the rally, market sentiment indicators still hint at trouble. The Fear and Greed Index remains deep in “extreme fear” territory, historically a level that often precedes contrarian rebounds. At the same time, derivatives open interest has surged, suggesting traders are re-entering positions and covering shorts, helping fuel the current upward move.
Technical analysis also shows that Bitcoin is stabilizing near important support levels. A sustained break above resistance zones could open the door for a stronger upward move, while a failure to hold current support could quickly shift momentum back to the downside.
Market Outlook: Recovery Attempt Underway
For a stronger bullish confirmation, Bitcoin price needs to first break above the recent swing high near $68,400 and then clear the major resistance area around $70,600. A successful move above this level would reduce the risk of further downside and could open the door for a stronger rally in the coming weeks.
For now, the rally appears to be driven by a combination of macro relief, institutional optimism, and technical positioning rather than a full trend reversal. Analysts say the market must hold above recent support levels and attract sustained institutional inflows to confirm a broader recovery phase.
As inflation expectations stabilize and sovereign adoption discussions expand, traders are closely watching whether the current bounce evolves into a stronger market cycle—or remains a short-term relief rally within a still-fragile environment.
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A U.S. federal court has sentenced the chief executive of a crypto trading and multi-level marketing firm to 20 years in prison for orchestrating a massive Bitcoin-based Ponzi scheme that defrauded tens of thousands of investors worldwide. Bitcoin Ponzi scheme…
The Royal Government of Bhutan has been steadily selling Bitcoin, including another $6.7 million this week, as part of ongoing periodic liquidations that follow heavier sales in September and beyond. After expanding mining plans with Bitdeer Technologies to boost capacity toward 600 MW, on-chain data shows Bhutan’s mining output dropped after the April 2024 halving, making mining less efficient. Despite these sales, identified government wallets still hold roughly $372 million worth of BTC, reflecting a gradual shift from mining accumulation toward strategic reserve management amid market challenges.
Bitcoin price trades near $68,000 as $2.5 billion in BTC options expire today, placing $74,000 max pain at the center of market focus. Bitcoin was trading at $68,280 at press time, down 1.1% over the last 24 hours. The asset…
The Bitcoin price is yet again facing significant upward pressure as the token has plunged below $66,000 from an intraday high of over $68,400. Observing the current trade dynamics, it appears that the star crypto is entering a high-tension phase as traders are now expecting the price to plunge. The short bets are increasing notably and have reached a level that usually results in sharp volatility. This suggests the BTC price may get exposed to more sell pressure or a sudden short squeeze may catch bears off-guard.
With Bitcoin hovering near key technical levels, the imbalance between rising short interest and cooling spot momentum is creating a fragile setup. The question now is whether this wave of bearish bets will push BTC lower or fuel the next breakout.
Bitcoin Short Positioning Hits Extreme Levels
Recent derivatives data from Santiment show a clear spike in short exposure, with funding rates slipping deeply into negative territory. Negative funding means short traders are paying longs to keep their positions open, a sign that bearish sentiment has become crowded.
When funding stays mildly negative, it often reflects healthy hedging. But when it turns sharply negative, it suggests positioning is becoming one-sided. Markets tend to punish extreme consensus. If too many traders lean in the same direction, even a small upward move can trigger forced liquidations, accelerating the price higher in a short squeeze.
At the same time, open interest remains elevated, indicating that leverage is still active in the system. High open interest combined with negative funding creates a volatility setup, price does not stay compressed for long under these conditions.
The key now is whether spot demand can absorb selling pressure. If buyers defend support levels, the imbalance in shorts could fuel a rapid breakout. If support breaks, however, the crowded short trade may continue to build, reinforcing downside momentum.
Key Levels That Could Trigger the Next Move
Bitcoin is compressing between clear technical boundaries, and with funding deeply negative, these levels now carry even more weight.
Immediate Resistance: $70,000–$72,000
This zone has capped recent recovery attempts. A strong daily close above $72,000 with expanding spot volume could trigger a short squeeze. If that happens, liquidation clusters sit near $75,500, followed by $78,000. A squeeze extension could target the $82,000–$85,000 liquidity pocket, where prior distribution occurred.
Immediate Support: $59,000 – $60,000
This is the current pivot zone. A decisive breakdown below $59,000 on rising volume would invalidate squeeze expectations in the short term. In that case, downside targets sit at $54,000, followed by the major demand block around $50,000–$52,000.
Open interest remains elevated, meaning leverage is still active. If price breaks either boundary with conviction, volatility could expand quickly. For traders, the setup is clear: above $72K favors squeeze dynamics; below $59K shifts the structure toward a deeper correction.
What’s Next for Bitcoin Price as Shorts Crowd the Market?
Bitcoin price is sitting at a leverage-heavy turning point. Deeply negative funding shows that traders are leaning aggressively short, but extreme positioning alone does not guarantee a squeeze. It simply increases the probability of volatility.
If the BTC price reclaims $72,000 with strong spot demand, the imbalance in shorts could fuel a move toward $75,500 and potentially $78,000. However, without real buying pressure, rallies may continue to fade. On the downside, losing $59,000 would confirm that sellers remain in control, opening the door to $54,000 and possibly the $50,000–$52,000 demand zone.
After months of correction, Bitcoin is attempting to stabilize, but technical analysts say the market has yet to confirm a decisive bottom, leaving the possibility of another dip before a stronger recovery begins.
Early Rebound Signals Stabilization
Bitcoin recently rebounded roughly 20% from its February lows, recovering into a broad support range between about $55,500 and $67,000. While the bounce suggests improving short-term sentiment, analysts describe the move as corrective rather than the start of a full bullish breakout.
A sustained upward trend would typically require stronger buying momentum and a clearer multi-stage upward pattern. Until such signals emerge, the recovery remains tentative.
Resistance Levels Holding Back Breakout
In the near term, analysts are watching a resistance band between $68,000 and $70,800, an area where selling pressure has repeatedly slowed advances. A decisive move above this range could reduce the risk of further downside and improve the outlook for a broader rally.
Conversely, failure to break above resistance may keep markets locked in a consolidation phase. Analysts say a drop below $62,600 support could increase the likelihood of another decline, potentially pushing prices back toward the mid-$50,000 range.
Market Still Searching for a Bottom
Technical indicators currently show a market moving sideways rather than trending strongly in either direction, with short-term price action fluctuating between support and resistance zones. Analysts warn that such conditions often precede either a renewed sell-off or the beginning of a stronger upward move, depending on which levels break first.
Despite near-term uncertainty, some analysts remain cautiously optimistic, arguing that the broader risk-reward balance increasingly favors long-term buyers as prices consolidate after the extended correction. Still, they stress that confirmation of a durable bottom will likely require stronger upward momentum and sustained trading above key resistance levels.
Bitcoin is not trending toward zero, the statistical setup appears increasingly asymmetric after the selloff. But one analyst says odds of a new ATH within the year are low
Bitcoin price has entered a decisive phase after losing upside momentum and slipping back into a historically sensitive price region. What initially looked like a routine pullback from the 2025 highs is now evolving into a broader consolidation structure, with price compressing between major supply and demand zones.
The key question for traders is no longer whether volatility will return but from which direction the breakout will come. And if the breakout heads north, will the BTC price rise above $70,000?
Bitcoin Is Entering a Bearish Range as Momentum Fades
On the weekly timeframe, Bitcoin has broken back below the $70,000 psychological level, which previously acted as a strong acceptance zone during the 2024–2025 markup phase. The rejection from the $110,000–$120,000 region formed a classic distribution top, followed by a series of lower highs—an early signal that market structure was weakening.
The chart highlights a multi-month consolidation that originally acted as a launchpad for the late-2024 rally. Bitcoin has now returned to that same region, but instead of bouncing impulsively, the price is showing hesitation and thinner buying interest.
Bitcoin’s structure now reflects a clear shift in behaviour, with the former $70,000 support zone now acting as firm resistance. Instead of sharp, confident moves higher, candles have become choppier and more overlapping, a sign of consolidation. Momentum is also cooling, as the weekly RSI has slipped into the low 40s and CMF remains negative, pointing to steady capital outflows. Together, this suggests Bitcoin is going through a reset phase rather than attracting aggressive buying.
Price is now rotating between two clearly defined macro levels:
Primary Resistance: $69,000 – $72,000
Major Support/Demand Zone: $50,000–$54,000
Mid-Level Liquidity Pivot: ~$59,600 (currently being tested)
This structure resembles a range re-accumulation failure turning into redistribution, where former support flips into resistance—a pattern commonly seen during mid-cycle corrections.
Will the Bitcoin (BTC) Price Rise Above $70,000?
Bitcoin is no longer trending—it is trading between $50K and $70K after an overheated rally. The next major move will likely come from a volatility expansion out of this range. A weekly close above $72,000, supported by stronger volume and improving momentum, would signal that buyers are regaining control. In that bullish case, Bitcoin could target $78,000 first, followed by a move toward $88,000–$95,000 later in the month.
However, failure to hold the mid-range support near $59,000 would shift focus lower, opening the door for a retest of $54,000 and possibly the $50,000 demand zone. For now, BTC remains in a reset phase, and only a decisive breakout will determine whether $70,000 turns back into support or remains a ceiling.
Bitcoin sentiment has weakened as the market continues its correction after reaching nearly $120,000. Since that peak, BTC price has struggled to regain strength, and many analysts believe the decline may not be over.
Unlike previous bull markets that ended with sharp spikes and sudden crashes, this cycle has been different. Instead of a dramatic fall, Bitcoin has been slowly trending lower. This steady drop has frustrated many investors and created what some describe as a slow and exhausting bear market.
Now, several market experts believe Bitcoin could revisit much lower levels before finding a strong bottom.
Could Bitcoin Price Drop to $40,000?
Crypto analyst Benjamin Cowen recently said that Bitcoin is still in a bear phase and may fall toward $40,000 if past patterns repeat.
According to Cowen, Bitcoin’s latest peak came around day 1,062 of its market cycle. This timing is similar to previous cycle tops, which suggests the broader four-year Bitcoin cycle may still be playing out.
When Could Bitcoin Bottom?
Cowen believes there is a 60% to 70% chance that Bitcoin will form its final bottom around October 2026. He sees May 2026 as the second most likely time for the market to reach its lowest point.
In past cycles, Bitcoin often reached its lowest point during April or May before starting a new recovery phase.
He also compared the current situation to 2019. At that time, Bitcoin peaked shortly before monetary policy tightened. Even after liquidity conditions improved, the price failed to recover immediately.
Is the Four-Year Bitcoin Cycle Still Valid?
In past cycles, Bitcoin has fallen heavily before recovering. In its early years, it dropped about 94%. In the last bear market, it fell around 77%. If Bitcoin declines 70% from its $120,000 high, the price would be near $40,000.
Current data also shows important levels in this range. The average buying price of holders is around $55,000, and another key support level is close to $40,000.
In earlier cycles, Bitcoin traded below these levels before forming a long-term bottom.
Another key indicator, which tracks how much Bitcoin supply is in profit versus loss, has not yet reached the level that historically signals full capitulation. That shift would likely happen if BTC trades in the $45,000 to $50,000 range.
Zacks Investment Research Chief Equity Strategist John Blank also told CNBC that Bitcoin bear markets usually last 12 to 18 months, and a move toward $40,000 remains technically possible.
Major firms such as Grayscale and Bernstein believe Bitcoin could reach a new all-time high in 2026. Some analysts suggest the market may now follow a five-year cycle instead of the traditional four-year pattern, which could delay the next major peak.
Bitcoin could remain under pressure through 2025 and 2026. Based on past cycles, $40,000 may act as a strong support level. While short-term weakness is possible, the long-term outlook still points to recovery. Investors may need patience before the next sustained bull run begins.
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FAQs
Could Bitcoin hit a new all-time high after this correction?
Historically, Bitcoin has reached new highs after major drawdowns. Long-term projections still expect another ATH post-bottom.
How low can Bitcoin realistically go this cycle?
Key technical zones sit between $40,000 and $50,000, where long-term holder cost bases and prior support levels converge.
Is Bitcoin expected to recover quickly after the bottom?
Past cycles show recoveries take time. Consolidation often follows the bottom before sustained bullish momentum returns.
What is Bitcoin price prediction for February 2026?
In February 2026, Bitcoin may trade between $50,000 and $75,000, with upside toward $80,000 if recovery momentum strengthens.
Digital Currency Group CEO Barry Silbert believes a noticeable shift could be coming inside the crypto market. Speaking at Bitcoin Investor Week in New York, Silbert said that 5% to 10% of Bitcoin’s capital may eventually move into privacy-focused cryptocurrencies such as Zcash.
He remains bullish on Bitcoin and still sees it as a core portfolio holding. But he made it clear that Bitcoin’s size limits its explosive upside. According to Silbert, Bitcoin is unlikely to deliver 500x returns unless there is a complete collapse of the U.S. dollar. Smaller projects with focused use cases, like Zcash and even AI-driven network Bittensor, offer much higher return potential because they are earlier in their growth cycles.
Why Privacy Is Gaining Attention
Silbert’s argument revolves around financial privacy. He acknowledged that Bitcoin’s old narrative as anonymous digital cash no longer holds up. With blockchain analytics firms such as Chainalysis and Elliptic tracking transactions, Bitcoin is now highly transparent.
As more institutional capital enters crypto, regulatory oversight and compliance standards are increasing. That shift is creating a new dynamic. The more regulated and monitored the space becomes, the more valuable privacy technology may appear.
Silbert does not believe Bitcoin will meaningfully integrate strong privacy features. Because of that, he expects capital to flow toward networks that are designed with privacy at their core, especially those using zero-knowledge technology to protect transaction data.
Silbert’s comments carry weight because of DCG’s history in crypto. Grayscale, a DCG subsidiary, launched the first institutional Bitcoin investment vehicle in 2013. That product later became one of the most actively traded spot Bitcoin ETFs.
Grayscale also runs the Grayscale Zcash Trust, launched in 2017, and is working toward an ETF conversion. DCG has previously backed other privacy-focused projects as well. Silbert even suggested that Zcash could act as a long-term hedge against potential quantum computing risks to Bitcoin, though he does not see that threat as immediate.
Privacy Chain or Privacy Layer
Not everyone agrees that standalone privacy coins will dominate. Crypto user neural_gin argued that privacy is becoming a premium feature as regulations tighten, but questioned whether it needs its own blockchain.
He suggested that zero-knowledge proofs integrated into major networks like Ethereum or Solana could compete directly with projects like Zcash. In his view, privacy should be a feature users can switch on when needed rather than something tied to a separate token.
If even a small portion of Bitcoin capital rotates, the privacy sector could see renewed momentum. The real debate now is where that value ultimately lands.
Never Miss a Beat in the Crypto World!
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FAQs
Is Bitcoin still anonymous?
No, Bitcoin is no longer anonymous. Blockchain analytics tools like Chainalysis now make Bitcoin transactions highly transparent and traceable.
What are privacy-focused cryptocurrencies?
Privacy coins like Zcash use zero-knowledge technology to shield transaction data, keeping sender, receiver, and amount confidential.
Could tighter regulation make privacy coins harder to access?
Yes. Some exchanges may limit or delist privacy-focused tokens if compliance requirements increase. That could reduce liquidity in certain regions, even if global demand remains strong.
Who stands to benefit most if privacy demand rises?
Developers building compliance-friendly privacy tools, custodians offering secure storage, and funds creating regulated investment products could see increased activity. Exchanges may also adapt to balance user privacy with reporting rules.
The cryptocurrency market is experiencing sharp volatility today, wiping out billions of dollars in value within hours as both global stocks and digital assets move lower together.
The total crypto market has lost nearly $90 billion, pushing many major coins to their daily lows. At the same time, U.S. stock indices also slipped, showing that investors are becoming more careful across financial markets.
Major cryptocurrencies fall quickly
Bitcoin dropped below $66,000, falling nearly $3,000 in about one hour, which triggered roughly $70 million in long-position liquidations. Ethereum also declined, touching around $1,900, while several altcoins posted losses between 4% and 7%.
BREAKING: Bitcoin dumped $3,000 in just 60 minutes and liquidated $70 million in longs.
Market sentiment has turned extremely weak, with the Fear and Greed Index falling into “extreme fear” territory, a signal that traders are becoming more defensive and risk-averse.
Why the market is falling
Analysts say several factors are driving today’s crypto decline:
1. Stock market weakness Major U.S. indices such as the S&P 500, Nasdaq, and Russell 2000 moved lower, and crypto markets often follow the same direction, especially during uncertain economic periods.
2. Liquidations accelerating the drop As prices started falling, leveraged traders were forced to close positions, causing additional selling pressure and faster price declines.
3. Bitcoin behaving like tech stocks A recent report from Grayscale Investments said that Bitcoin is currently moving more like high-growth technology stocks rather than a traditional safe-haven asset such as gold. This means that when technology stocks face pressure, crypto prices often fall as well.
Oversold signals appear
Despite the sharp drop, some technical indicators show that the market is approaching oversold levels, which sometimes leads to short-term rebounds. However, analysts warn that volatility may continue until investors regain confidence and buying demand returns.
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