The "Orange Coin" is showing the world why you never count it out. On February 6, 2026, at 16:51 PM (UTC), Bitcoin officially smashed back through the 70,000 USDT benchmark!
After a volatile week that saw prices dip as low as $60,000, BTC is now trading at 70,011.45 USDT, marking a solid 2.61% increase in the last 24 hours.
The "V-Shaped" Recovery? 📊
This isn't just a small bounce; it’s a statement. Here’s what’s fueling the fire:
The Rebound Effect: After touching a 15-month low overnight, the market saw a massive "risk-on" rotation.
Narrowing the Gap: That 2.61% increase might look modest, but it represents a huge shift in sentiment as liquidations slow down and buyers step back in.
Institutional Resilience: Despite the "Trump Trade" cooling off and AI stocks stealing the spotlight earlier this week, the demand for digital gold remains ironclad at these support levels.
What’s Next? 🎯
Crossing 70k is a major psychological victory for the bulls. If we can flip this level into support, the path back toward the 80k range looks a lot clearer. However, with the total crypto market cap sitting around $2.4 trillion, all eyes are on whether this momentum can hold through the weekend.
Is the bottom finally in? 💎 Are you loading up for the next leg up, or do you think this is just a "dead cat bounce"?
Sound off in the comments! 👇
#Bitcoin $BTC #CryptoNews #BTC70K #BinanceMarketData #CryptoTrading