Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Bitcoin Holds Firm as Investors Brace for End-of-February Surprises

Bitcoin Holds Firm as Investors Brace for End-of-February Surprises

CointurkCointurk2026/02/07 18:39
By:Cointurk

As February approaches its end, expectations for Bitcoin are starting to solidify in the cryptocurrency markets. Despite recent high volatility, data from prediction markets suggests that investors accustomed to sharp price movements are now adopting a more cautious stance. Notably, the market is anticipating Bitcoin to stabilize within a narrow range, a notable development given the recent price fluctuations.

Prediction Markets: The $75,000 Scenario Takes Center Stage

According to Polymarket data, there is a 54% likelihood that Bitcoin will close February 2026 at approximately $75,000. This indicates that investors are preparing for a consolidation period rather than a robust upsurge. Even though Bitcoin recently dipped below $65,000, triggering panic, scenarios predicting prices exceeding $70,000 by the month’s end remain on the table.

However, downward risks are not entirely eliminated. The probability of Bitcoin reaching $60,000 stands at 42%, and $55,000 is at 23%, reflecting ongoing macroeconomic uncertainties perceived as significant threats. Rising U.S. bond yields, fluctuations in global risk appetite, and a selective approach to crypto assets are fundamental reasons behind this cautious outlook.

Expectations for upward movement weaken above the current price range. The probability of hitting $80,000 is priced at 25%, while $85,000 is only 12%. Meanwhile, scenarios exceeding $100,000 are limited to single-digit probabilities. This distribution clearly indicates that the market has transitioned into a “wait-and-see” mode.

Recovery After Sharp Sell-Off and Market’s Fragile Balance

This cautious outlook is accentuated by Bitcoin’s recent sharp fluctuations. Midweek, Bitcoin dipped to just above $60,000, but rebounded strongly over the weekend, exceeding $70,000 again. This daily increase of over 3% marks one of the sharpest recoveries seen since the start of 2023.

The surge in trading volume to $90 billion and the total market value to approximately $1.37 trillion indicate this move was more than a technical rebound. However, this recovery followed a steep sell-off the previous day, resulting in a $2.6 billion liquidation across the crypto market. Bitcoin’s decline of over 45% from its peak of $126,000 in October 2025 explains the fragile investor psychology.

Another development completes the picture: the accelerated outflows from U.S. spot Bitcoin ETFs in recent weeks. Recent data reveals a multi-billion dollar fund exit within just one week, indicating that institutional investors aim to reduce risks in the short term. Parallel movements are also observed in Ethereum and some significant altcoins.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The 5% U.S. Treasury yield storm is coming! The refinancing time bomb countdown begins—who will be the first victim?

The 10-year US Treasury yield has surpassed 5%, reaching a new high since 2007. The longer high interest rates persist, the greater the refinancing pressure will be on real estate companies, commercial real estate, and highly indebted firms, with systemic risks likely to accelerate and emerge within the next 12 to 18 months.

智通财经2026/09/16 06:36
The 5% U.S. Treasury yield storm is coming! The refinancing time bomb countdown begins—who will be the first victim?

Don't Fight the Profit Cycle! Will U.S. Stocks Break 8,000 Points This Year?

Jefferies predicts that, driven by the dual engines of the AI investment boom and stronger-than-expected corporate earnings, the S&P 500 index is expected to soar to 8,000 points by the end of 2026 and further reach 9,000 points in 2027. AI-driven profit expansion has spread from the "Magnificent Seven" to the entire market, with the S&P 500's EPS forecast to surge by 35% this year, far exceeding market consensus—marking the strongest earnings supercycle since 1995! The only real threat: if US Treasury yields continue to spike, the risk of valuation compression cannot be ignored.

华尔街见闻2026/09/16 06:26

Will “continual learning” AI extend the memory “shortage” until 2031?

Citi believes that as AI enters the era of "continuous learning" beyond simple training and inference stages, demand for HBM, server DDR5, and enterprise SSDs (eSSD) will experience explosive and simultaneous growth starting from 2027. While demand will surge rapidly, the supply side is constrained by HBM production capacity usage and slower technology migration, leading to expansion lagging far behind demand. This supply-demand imbalance is expected to continue until 2031.

华尔街见闻2026/09/16 06:16