$BTC Here’s a latest, up-to-date Bitcoin analysis (as of February 8, 2026) including price context and visuals — reflecting real markets and sentiment from recent news and data.
Reuters
marketwatch.com
Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
Bitcoin's 50% plunge from highs 'hurts a little' - but it isn't shaking these investors' conviction
Yesterday
Yesterday
📉 Current Market Movement
Bitcoin has sharply corrected in early February 2026 after a strong rally in late 2025. Prices dropped below key levels seen in 2025, erasing gains from Trump-era crypto optimism and broader macro tailwinds. �
Reuters
BTC fell below $61,000, losing much of its rally from late 2024-2025. �
Reuters
During the week, BTC saw its most severe short-term plunge since the FTX era, with drops over 50% from recent highs. �
marketwatch.com
Recent price action saw BTC breaking below $70,000 and even testing lower supports, signaling heavy selling pressure. �
coindesk.com
Analysts warn the market remains in bearish territory, reliant on key support holds around the low $60Ks/$63K area. �
BeInCrypto
📊 Technical Picture & Price Levels
Recent analysis from price tracking sources shows:
Bitcoin has rebounded above ~$68,000 after sharp sell-offs triggered $2.5B+ in crypto liquidations. RSI levels reached extremely oversold readings, suggesting short-term relief might be possible. �
Coinpaper
Technical indicators like oversold RSI and retracement after liquidations may offer bounce candidates, but broader trend still tests key zones. �
Coinpaper
Support levels around $60,000–$65,000 remain critical; a clean break below could deepen sell-offs. Longer-term resistance sits above $75K–$80K if recovery strength returns. �
Polymarket
🧠 Key Levels to Watch
Level
Role
$60,000
Crucial support — losing this risks deeper bear price action
$65,000–$68,000
Mid-range testing zone
$75,000–$80,000
Resistance that signals sentiment shift if reclaimed
$90,000+
Longer-term upside target only if broad market stabilizes
(These are rough technical levels from prediction market data and price ranges.) �
Polymarket
📈 Sentiment & Trading Psychology
Market sentiment remains fragile and fear-driven:
Fear & Greed Index readings from traders show extreme fear (~8/100), typical of late-phase sell-offs. �
Bitcoin dominance remains strong, but volatility and leverage liquidation spiked, hurting sentiment. �
Community sentiment is mixed — some see relief bounces, others foresee continuing choppy downside before long-term reversal. �
🧭 Longer-Term Outlook
Professionals and prediction markets offer varied views:
Some analysts argue that BTC may yet bottom around current levels and later recover if long-term fundamentals hold. �
coindesk.com
Prediction markets suggest higher odds of consolidation or dips below current levels than aggressive new all-time highs this month. �
Polymarket
Macro headwinds, like liquidity tightening in traditional markets and broader risk aversion, are major drivers of crypto volatility. �
Reuters
📌 Important: No single forecast is guaranteed — Bitcoin’s price remains highly volatile and trader sentiment can shift quickly.
📌 Summary — Bitcoin Right Now
✅ Bullish factors:
Technical oversold bounce potential.
Broader accumulation from certain cohorts reported. �
coindesk.com
❌ Bearish factors:
Macro uncertainty and liquidity squeeze. �
Reuters
Broken recent support below key ranges and high liquidation pressure. �
coindesk.com
Sentiment at extreme fear levels, often seen in bear markets. �
If you want a live chart snapshot, specific support/resistance lines marked, or a short-term trading plan based on technical indicators — just tell me your timeframe (e.g., 1 day, 1 week, 1 month)!$BTC
