Market Shock Absorber: Bitcoin

While traditional stock markets were closed, BTC emerged as the only 24/7 liquid market. On February 28, the price dipped to $64,000; on March 2 to $66,000, March 7 to $68,000, March 12 to $69,400, and during the Saturday Harg Island attack, buyers appeared at $70,500. In other words, each wave of selling was met at a higher low than the previous one. This pattern shows that sellers are tiring while buyers are waiting in ambush.

The most striking point is Bitcoin’s performance compared to other assets over the same two-week period. Oil prices have risen more than 40% since the start of the conflict, the S&P 500 remained in a downtrend, gold prices fluctuated, and Asian stock markets recorded their worst week since March 2020. Bitcoin, however, absorbed all this turmoil faster and outperformed other assets.

Critical Squeeze: $74,000 Barrier

Technically, a rising base formed between $64,000 and $70,000. Each negative news triggered selling, but at higher levels than the previous one. During the March 12 tanker attack, the price held at $69,400 and during the Harg Island attack, it did not fall below $70,500. The $73,000–$74,000 range remains a ceiling that has rejected the price four times.

Low Levels:

• February 28 First Attack: $64,000

• March 2 Retaliation: $66,000

• March 7 Continuous Conflict: $68,000

• March 12 Tanker Attack: $69,400

Clearly, this narrowing triangle is likely to break in one direction.

Macro Context and Resilience

Trump stated that Iran’s energy infrastructure was not targeted; however, if the risk in the Strait of Hormuz continues, it will be reassessed. Iran continues to threaten retaliation on US-linked facilities. This conditional risk could lead to the largest supply disruption in history, according to the IEA.

Fortunately, the Bitcoin market has become leaner and more resilient after the massive liquidation wave in February. Weak hands have been eliminated; geopolitical shocks now fuel a stronger upward move rather than a destructive collapse.

Bitcoin is neither a fully safe haven nor a purely risky asset. When shocks arrive, it is the only traded asset that absorbs them faster than others, functioning as a 24/7 liquidity pool.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post How Bitcoin Performed During the Geopolitical Crisis appeared first on Coin Engineer.

Data from crypto analytics platform Santiment shows that positive discussions across X, Reddit, and Telegram surged after a decline at the start of the week.

This shift is not driven by price action alone—geopolitical developments have played a role as well.

US President Donald Trump stated on Monday that the war with Iran is “almost complete,” temporarily shifting global risk sentiment and contributing to a pullback in oil prices. However, he also warned on Truth Social that if Iran disrupted oil supply, the US would increase military pressure.

Markets often respond more to expectations than to certainty. According to Santiment:

“During periods of uncertainty, investors seek alternative assets. Crypto markets, operating 24/7 globally, often react quickly to such developments.”

Bitcoin Resilience Under Scrutiny

Ryan McMillin, Chief Investment Officer at Australian crypto investment firm Merkle Tree Capital, notes that Bitcoin’s recent strength amid geopolitical risks has bolstered investor confidence.

McMillin highlights several simultaneous positive factors:

• Bitcoin’s resilience to geopolitical shocks

• Continued corporate purchases

• Easing inflation pressures

• Progress toward crypto regulation in the US

He also points out that short positions may be vulnerable:

McMillin believes that particularly for short positions, the market is entering a risky period. A potential short squeeze could push Bitcoin toward the $80,000 range.

Reclaiming $70K Triggers FOMO

According to crypto exchange BTC Markets analyst Rachael Lucas, $70,000 is not just a technical level but also a psychological threshold. Its recovery across social media and trading alerts fuels the fear of missing out.

Lucas emphasizes that multiple factors converging—expectations of easing Iran tensions, sharp oil pullbacks, and progress on stablecoin regulation—have softened macro headwinds and accelerated social sentiment shifts.

Mixed Signals Remain

Despite the optimism on social media, some metrics remain cautious.

The Crypto Fear & Greed Index currently sits at 15, signaling “extreme fear.” Google Trends also shows that Bitcoin-related searches have cooled from their March 5 peak of 100 to around 71.

In other words, attention is growing, but it has not yet reached a peak.

FOMO Cycle in Motion?

FOMO often becomes a self-reinforcing cycle in crypto. Price gains attract social media chatter, new buyers enter, and trading volume rises, fueling further upward movement.

McMillin notes that after five months of declines, Bitcoin had become heavily oversold. The extended correction since the October all-time high of $126,000 set the stage for at least a short-term relief rally.

Lucas adds that on-chain data now shows a healthier picture compared to previous FOMO cycles. Funding rates have reset constructively, and ETF flows are steady, meaning the market is not solely driven by high-leverage retail trades.

Risks Persist

Still, the market is far from risk-free. Geopolitical tensions in the Middle East remain unresolved, and any rebound in oil prices could quickly shift crypto sentiment from FOMO back to FUD.

Bitcoin is currently holding above $70,000, with the market waiting for the next major catalyst.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post Bitcoin Reclaims $70K as Social Media FOMO Surges appeared first on Coin Engineer.

Tokenized Gold Leads Weekend Price Discovery

Gold pricing shifts onto blockchain networks once U.S. futures markets close. Theo CIO Iggy Ioppe said, “Onchain markets are responsible for virtually 100% of weekend price formation.”

CME gold futures stop trading Friday at 5:00 PM ET and reopen Sunday at 6:00 PM ET. Aside from OTC deals in Asia, most markets remain inactive. PAX Gold (PAXG) and Tether Gold (XAUt) thus become the only continuously available venues. “Weekend blockchain moves reflect in CME prices when markets reopen,” Ioppe added.

Anthropic CEO Criticizes Pentagon Decision

Anthropic CEO Dario Amodei called the U.S. government labeling his firm a “supply chain risk” unprecedented. Speaking to CBS News, he noted Americans have fundamental rights: not to be spied on, and military officers retaining decision-making authority rather than ceding it to machines.

The company had agreed with most AI use cases proposed by the Department of Defense, except fully autonomous weapons and mass surveillance.

OpenAI Wins Defense Contract Hours Later

OpenAI reached a deal to deploy AI models on the Pentagon’s classified networks. CEO Sam Altman wrote, “The department respects safety and works within our operating limits.”

The week has been turbulent for AI. Defense Secretary Pete Hegseth designated Anthropic a “supply chain risk to national security,” requiring contractors to certify they do not use its models. President Trump directed federal agencies to halt Anthropic tech usage with a six-month transition.

Bitcoin & Geopolitical Concerns

Bitcoin trades around $66,000–$67,000. Tensions in the Middle East, especially Iran’s Hormuz Strait moves, affect oil prices and U.S. inflation expectations.

The potential impact on oil supply could push the U.S. Consumer Price Index to 5%, according to Kobeissi Letter, citing JPMorgan research. Historically, similar inflation periods prompted aggressive Fed rate hikes in March 2023.

Overall, the market is focused on TradFi reactions, while Bitcoin avoids major swings.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Today in Crypto: Key Market Moves and AI Developments appeared first on Coin Engineer.

The initial market reaction did not reflect escalation fears. Instead, traders appeared to price in the possibility that a sudden leadership transition in Iran could shorten the conflict’s trajectory. The move unfolded during thin Sunday liquidity, amplifying volatility and accelerating price discovery before traditional markets reopened.

The roughly 6% rebound translated into an estimated $80 billion shift in total crypto market capitalization in a matter of hours. As often happens during geopolitical shocks, crypto markets reacted first, while oil and equity futures had yet to fully open and validate — or challenge — the optimism.

Leadership Vacuum and Market Interpretation

Under Iran’s constitution, the death of the Supreme Leader activates a temporary leadership council composed of the president, the judiciary chief, and a senior cleric from the Guardian Council. The Assembly of Experts is then tasked with appointing a successor, though no fixed timeline exists.

That uncertainty cuts both ways. A prolonged power struggle could intensify regional instability. But a structured and contained transition might reduce the likelihood of broader escalation. Bitcoin’s immediate surge suggests traders leaned toward the latter interpretation, at least in the first wave of pricing.

Importantly, the move occurred before oil markets delivered their verdict. Crypto, operating 24/7, once again became the first asset class to absorb and translate geopolitical headlines into tradable momentum.

Trump’s Statement and Escalation Risks

U.S. President Donald Trump called on the Iranian public to overthrow the regime, describing the moment as a rare historic opportunity. He also stated that U.S. strikes would continue as long as necessary. Meanwhile, missile exchanges between Iran and Israel persisted, and it remains unclear whether a national mourning period would slow or intensify military operations.

Under typical circumstances, such rhetoric would pressure risk assets. Yet Bitcoin advanced before any of these uncertainties were resolved. The market’s behavior implies that traders are weighing transition dynamics more heavily than immediate battlefield developments — at least for now.

Oil, Inflation, and the Broader Macro Test

Iran sits at the center of a region responsible for roughly one-third of global crude exports. If markets interpret the Supreme Leader’s death as a trigger for supply disruption, oil prices could spike. Higher energy costs would likely lift inflation expectations, tighten financial conditions, and weigh on risk assets — including cryptocurrencies.

Conversely, if succession mechanisms stabilize decision-making and prevent broader war expansion, risk sentiment could remain supported. In that scenario, Bitcoin may attempt another test of the $70,000 threshold, a level briefly approached earlier in the week but not sustained.

For now, $68,000 represents more than a technical level. It reflects a rapid repricing of geopolitical probability. The true validation — or rejection — of Sunday’s rally will likely emerge once oil and equity futures fully digest the news.

Bitcoin moved first. The macro confirmation is still pending.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin Tops $68,000 After Iran Leader Death Confirmed appeared first on Coin Engineer.

However, the technical outlook remains at a critical juncture. According to analysts, if the $68,000 level fails to hold, the recent rise may remain only a short-term liquidity-driven move. On the other hand, a weekly close above this region would signal that bulls are regaining control.

Can Bitcoin Hold Above $68,000?

According to TradingView data, the BTC/USD pair was trading around $68,480 on Bitstamp. This level sits just above the 200-week exponential moving average (EMA), currently positioned near $68,338.

Analyst Rekt Capital noted that Bitcoin is facing resistance from this trendline, suggesting that the latest recovery could turn into a “post-breakdown retest of the EMA into new resistance.” According to the analyst, for Bitcoin to reverse historical tendencies, it must secure a weekly close above the EMA and flip it into support.

On shorter timeframes, analyst Jelle emphasized that holding the 50 EMA ($68,000) as support on the four-hour chart is crucial to confirm the recovery. If bulls manage to break above the 20-day EMA at $69,220, the price could rally toward $74,508. However, this zone is seen as an area where strong selling pressure may emerge.

Could a Liquidity Hunt Push Bitcoin to $80,000?

Many traders are discussing a potential liquidity sweep scenario due to heavy sell orders placed above $72,000.

According to CoinGlass data, Bitcoin tapped liquidity around $70,000, but the main cluster of orders remains above the current price. Approximately $2 billion in sell orders are sitting between $72,450 and $75,000.

If the $75,000 level is broken, it could trigger forced short liquidations and spark a squeeze that may drive the price toward $80,000.

Analyst AlphaBTC stated that unless a strong downside catalyst appears, higher levels are likely to be tested in the coming weeks.

Spot Bitcoin ETF Inflows Support the Upside

Signs of renewed institutional demand are emerging. Data from Farside Investors shows that US-based spot Bitcoin ETFs recorded net inflows for two consecutive days.

A total of $765 million flowed into these products on Tuesday and Wednesday, with $507 million recorded on Wednesday alone — the highest daily inflow since February 2.

According to some market commentators, this rally reflects institutional accumulation rather than retail FOMO. If growing demand pressure combines with a technical breakout, Bitcoin’s upward momentum could strengthen further.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, please don’t forget to follow us on our Telegram, YouTube and Twitter channels for the latest news and updates instantly.

The post Bitcoin at $80,000: Why Are Traders Talking About This Level? appeared first on Coin Engineer.

The Dow Jones closed up 370 points, while the S&P 500 gained 0.77%. The swift recovery in equities appeared to ease the risk-reduction pressure seen across crypto markets. Bitcoin’s recent bleed slowed almost in tandem with the stock rebound. The timing does not look coincidental.

However, reclaiming $65,000 does not fully reset the broader structure. Bitcoin is still trading roughly 49% below its all-time high. That distance continues to frame sentiment.

Why Is $60,000 So Important?

Market participants remain focused on the $60,000 level. In recent weeks, this zone has acted as a defensive line. A sustained move below it could open the door toward the lower $50,000 range.

Meanwhile, on-chain data revealed a subtle but notable move. According to Material Indicators, a “mega whale” executed a $4.5 million spot purchase. The figure is not massive on its own, yet it stands meaningfully above the typical $1–2 million market orders usually seen from that class.

Such orders are often placed directly into liquidity, rather than passively waiting in the book. Alone, it does not confirm a reversal. Still, it signals that defensive positioning may be active.

#BTC

Bitcoin has Weekly Closed below the 200-week EMA (black)

This technically means that the EMA has been lost as support and that price could turn it into resistance on any upcoming recovery

Historically across cycles, whenever Bitcoin performed a Weekly Close below the… https://t.co/ayxd81la0h pic.twitter.com/vMFUAvsTBM

— Rekt Capital (@rektcapital) February 23, 2026

Deeply Oversold Conditions

BTC weekly RSI dropped to 25.71, levels last seen during the severe bear phase of mid-2022. Historically, RSI readings below 28 have coincided with periods where the market searched for a bottom.

Galaxy Research described the current structure as nearing “all-time oversold territory,” rarely seen outside the darkest bear markets.

At the same time, price is trading within roughly 9% of its 200-week exponential moving average. In prior cycles, this level marked areas where bottoming processes began. Yet these reference levels do not guarantee identical outcomes.

Some analysts remain cautious. A confirmed daily close below the 200 EMA could turn that level into resistance during any recovery attempt, potentially accelerating downside pressure rather than easing it.

A Bottoming Process May Take Time

The broader market narrative suggests that a true bottom, if forming, may require time. Bitcoin analyst Brian Brookshire points to the importance of profit-loss supply equilibrium and price interaction with mining cost levels as structural markers of stabilization.

On the macro side, U.S. Federal Reserve policy expectations remain relevant. Potential rate cuts—whether under current leadership or future administration—could reintroduce liquidity into risk assets. Bitcoin has historically reacted early to such shifts, though timing remains uncertain.

For now, reclaiming $65,000 offers psychological relief. Yet $60,000 remains the structural pivot. The market appears to have paused its decline, but confirmation of direction likely requires further time and validation.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, please don’t forget to follow us on our Telegram, YouTube and Twitter channels for the latest news and updates instantly.

The post Bitcoin Reclaims $65K — Is $60K the Real Line in the Sand? appeared first on Coin Engineer.

Fear Index at Historic Lows

The Crypto Fear and Greed Index dropped to 5/100, signaling “extreme fear.” This level has only been seen three times since 2018: August 2019, June 2022, and early February 2026. Panic is present, but so is potential opportunity.

Over the weekend, Bitcoin reached $68,600 but is now stuck near the bottom of its range. According to CoinGlass, over 136,000 traders were liquidated in the last 24 hours, totaling $458 million, with 92% coming from leveraged long positions. This highlights that short-term risk appetite remains limited.

Weekly Realized Losses

Glassnode reports show that investors who bought Bitcoin at the beginning of February were experiencing roughly $1.24 billion in daily losses. This figure has now fallen to $480 million, meaning new investors are still enduring significant daily losses. Panic has eased but bottoming processes continue. Short-term traders are still selling at a loss, which is typical during consolidation periods rather than during strong uptrends.

Whales and On-Chain Dynamics

Large whales holding 100,000–1,000,000 BTC accumulated roughly 13,460 BTC, a cautious buy signal.
Mid-size whales with 10,000–100,000 BTC sold about 10,000 BTC in the same period.

CryptoQuant data shows that nearly two-thirds of all BTC moving to exchanges comes from the top 10 wallets, with an all-time high exchange whale ratio of 0.64. Average daily deposits on altcoin exchanges rose to around 49,000 in 2026, up from 40,000 in Q4 2025—aligning with higher volatility and lower risk appetite.

Stablecoin inflows have sharply contracted: from a one-year peak of $616 million in November to just $27 million currently. This indicates limited short-term buying power.

Why Is Bitcoin Falling?

The recent drop is not only technical; macro risks play a major role. Tensions along the Washington–Tehran line are rising, while Trump’s tariff decisions add uncertainty. The critical 48-hour period in Geneva appears to have pushed investors away from risky assets, increasing demand for gold and silver. Meanwhile, Trump’s decision to raise tariffs to 15% caused expectations of global supply chain disruption. Despite a weakening dollar, Bitcoin remains pressured; Nasdaq is down 0.9%, and stablecoin inflows are historically low. Technical support is intact, but macro risks continue to weigh on the price.

Technical Support and Resistance

Bitcoin’s $65,000 support level is now a critical pivot. The 72,600–73,200 resistance zone contains approximately 149,000 BTC. As the price approaches, investors at breakeven may close positions. Whale accumulation might not fully absorb this supply.

Beyond technicals, psychological resistance matters as well. If $72,000 is not breached, selling pressure may continue, limiting upward attempts.

Sharpe Ratio and Risk Analysis

Notably, Bitcoin’s Sharpe Ratio fell to -38.4, indicating how severely its risk-adjusted performance underperformed. Historically, such deep negative levels in early 2015, early 2019, and late 2022 marked “Low Risk” accumulation zones. Interestingly, each occurrence preceded major bull runs, suggesting potential long-term opportunities.

Macro and Market Waves

US stock index futures are down; Nasdaq 100 fell 0.9%. Precious metals surged sharply: gold +2%, silver +5.6%.

Bitcoin’s 12-hour price swings, Polymarket forecasts, whale movements, and on-chain data collectively show the market remains under pressure. Short-term traders continue to sell at a loss, while large investors maintain cautious accumulation. Recent data reflects the immediate state of the market; short-term flows and whale activity confirm the trend remains cautious.

Note: This content does not constitute investment advice and is based on recent on-chain data, market trends, and analysis.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin Sharpe Ratio Hits Historic Lows: Risk Zone or Bull Trap? appeared first on Coin Engineer.

Bitcoin’s struggle to reclaim the $70,000 barrier has brought back a familiar question across markets: could the downturn deepen? On Monday, a brief attempt to recover this key level quickly faded under selling pressure, sending price down to $67,000. As of Wednesday morning, Bitcoin is trying to stabilize near $68,000, but slipping below short-term supports has made the technical outlook increasingly uncertain.

Three Micro Factors Increasing Downside Risk

Three short-term drivers are currently amplifying downside pressure on Bitcoin. While none of them is decisive on its own, together they suggest the near-term risk balance is tilting lower.

First, the failure to secure sustained closes above $69,400 highlights weak buyer conviction, turning each rebound into a potential selling opportunity.

Second, new capital inflows into spot Bitcoin ETFs have slowed noticeably. This points to fading institutional appetite and limits the price’s underlying support.

Third is a liquidity gap in derivatives markets. Concentrated stop orders between $66,000 and $64,000 increase the risk of cascading sell-offs if that zone breaks.

Key Levels and Market Reaction

The loss of the $68,000–$70,000 range — which looked almost fortress-like in early February — represents more than just a numerical shift. It marks a psychological reset for the market. Analysts broadly agree that every day spent below this zone dampens buying interest and turns existing positions into exit opportunities.

While major cryptocurrencies lag, smaller tokens have managed brief rallies. Over the past seven days, Bitcoin, Ethereum, and BNB are down roughly 3%, while Zcash (ZEC) and Cosmos (ATOM) posted gains approaching 20%.

That divergence may not last. Alex Kuptsikevich, speaking on behalf of FxPro, warned:

“The decline in the largest cryptocurrencies is an ominous sign for smaller ones, as it could soon drag them down at an accelerated pace.”

On-Chain Data and Market Stress

According to analysts at CryptoQuant, the market has entered a full-scale “stress” phase. Major capitulation losses that typically mark cycle bottoms have not yet materialized, suggesting the unwinding process may still be incomplete.

Concerns around quantum computing risks and network “spam” debates are also weighing on sentiment. Adam Back, CEO of Blockstream, criticized the BIP-110 proposal, arguing that rule changes could introduce new reputational risks.

Institutional Flows and ETF Moves

Institutional investors are adjusting exposure. Harvard University’s endowment reduced its Bitcoin ETF holdings by more than 20% in the fourth quarter. Although it still maintains one of its largest positions, the move has drawn market attention.

Technical Outlook and Possible Scenarios

Based on our own analysis, Bitcoin’s critical support currently sits near $66,600. While price appears to have bounced from this level, a reaction alone is not enough. A move above $69,400 is needed for confirmation.

Until that level is reclaimed, the current move remains a short-term rebound rather than a strong buying signal.

If $69,400 is cleared, the next major resistance comes in near $72,000. This zone marks recent local bottoms and has capped price action for roughly 15 days. Reclaiming it could ease selling pressure and support short-term momentum.

Bitcoin Price (BTC): $67,846 — volatility near 12%.

As Bitcoin continues searching for direction, every weak rebound keeps one question alive across the market: is there still another dip ahead?

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Analysts Warn of Sharper Bitcoin Drop as $70,000 Barrier Holds appeared first on Coin Engineer.

Stablecoins Reach $3 Trillion, Tokenization Nears $200 Trillion

Stablecoins are approaching $3 trillion, tokenization is near $200 trillion, and DeFi infrastructure is expanding rapidly. These dynamics keep investors engaged despite the depth of the bear market and short-term declines.

Previous Bear Markets Were Devastating

Hougan says, “Those claiming this crypto winter is worse than 2018 or 2022 simply don’t remember those years.” In 2018, Bitcoin was only $3,000 and Ethereum was a ‘global computer’ with limited throughput and few applications. In 2022, markets collapsed, and regulators threatened the sector.

“Today is different. Stablecoins are at $3 trillion, tokenization at $200 trillion. Regulatory climate is positive, tokenomics are stronger,” Hougan added. He also highlighted that BlackRock and Apollo are building on DeFi infrastructure, ETFs are expanding, and concerns about fiat currencies are rising.

“Yes, I’m optimistic. It doesn’t mean smooth sailing, but the ride is exciting,” he said.

Current Bear Market Shallower than Previous Ones

Total market capitalization, which neared $4.4 trillion in November 2025, dropped to $2.23 trillion by February 6. This is far shallower than previous bear markets: an 88% drop in 2018 and a 73% collapse in 2022. The March 2020 Covid crash also caused a 56% drop in a short time.

The difference, according to Hougan, is stronger crypto fundamentals. Analysts note the current slump is driven not by crypto-native factors but by broader macroeconomic and geopolitical concerns. Glassnode reported Bitcoin’s drop to $60,000 on February 6 created psychological pressure on “diamond hands” similar to the May 2022 Luna crash.

“Long-term holders experienced significant losses, a rare shift typically seen in deeper bear market stages,” analysts added.

The recent drop to $60k imposed drastic psychological pressure on “diamond hands,” comparable to the May 2022 LUNA crash.
In both cases, the 7D EMA of Long-Term Holder SOPR fell below 1 after trading for 1-2 years above it.
Simply put, long-term holders realized significant… pic.twitter.com/xc6bXzwPYx

— glassnode (@glassnode) February 16, 2026

Long-Term Holders Still in Profit

Joao Wedson, founder of Alphractal, said long-term holders’ Net Unrealized Profit/Loss (NUPL) stands at 0.36, meaning they are still, on average, in profit. Wedson notes that when NUPL enters negative territory, even the most committed holders face losses, marking the lowest phase of market depression historically.

In previous cycles, this phase appeared just before the next bull market. Wedson emphasizes that the market has not yet reached this stage.

Bitcoin was trading around $68,350 at the time of writing, having again failed to surpass $70,000 on Monday.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin Hits $60K: Why Investors Are Still Optimistic appeared first on Coin Engineer.

Major Bets and Market Sentiment on Polymarket

Bets on Polymarket have strengthened the likelihood of Bitcoin falling below $65,000. With roughly $1 million in volume, predictions for BTC dropping below $55,000 and hitting $100,000 by year-end implied probabilities of 61% and 54%, respectively. This signals a reversal in overall market sentiment, erasing gains made after Trump’s election victory.

Institutional Views and Forecasts

Raoul Pal, founder of Global Macro Investor, attributed the decline to US liquidity issues rather than crypto-specific factors. Bitcoin falling under $65,000 contradicts forecasts from major investment firms like Grayscale, Standard Chartered, and Bernstein. Last year, Grayscale projected BTC could exceed $126,000 by June 2026, citing institutional demand and clearer US regulations. Standard Chartered and Bernstein revised earlier high targets due to slowing ETF inflows but still expect BTC to reach $150,000 in 2026.

Polymarket Legal Situation

This news comes as Polymarket faces a court ruling in Nevada blocking its event contracts as unlicensed gambling. Other states, including Tennessee, have recently targeted the platform with enforcement actions.

Analysts’ Take: “Too Early to Hunt for the Bottom”

This market turbulence is not limited to technical indicators. Some analysts link the recent crypto sell-off to a broader bearish trend. CryptoQuant highlighted that Bitcoin has been in a bear market since November 2025, falling below its 365-day moving average. Julio Moreno said, “Don’t try to find bottoms after a new leg down. Bear market bottoms take months to form.” Quantum Economics CEO Mati Greenspan added that Bitcoin was not designed for price appreciation; its main use is to provide a form of money independent of governments and banks.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post Bitcoin Odds of Falling Below $65K Surge to 72% appeared first on Coin Engineer.