🎢 Bitcoin's Rollercoaster: Bear Market or Manipulation? |7 Feb 26|

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BULL MARKET BYTES

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Your byte of cryptocurrency insight where we are here delivering the “good word” even as cryptocurrency is taking a beating . . .

No one said being a cryptocurrency “HODLer” was easy! 😎

📊 BLOCKCHAIN BREAKDOWN

• Bitcoin’s Daily Movement 

• What to Anticipate Next 

📌 BULL MARKET BULLETIN

• Cryptocurrency Headlines 

📊 OUR BOLD PREDICTION

The amount of fear, uncertainty, and doubt (FUD) in the market right now is endless!

As Bitcoin hits the same level previously seen in October of 2024, we have to wonder . . . is this intentional?

It is hard to believe that the price would plummet so fast with such a great amount of institutional desire.

As over $1.84 billion is long positions have been liquidated, buying Bitcoin may come with the hefty price of losing everything . . .

But does the reward outweigh the risk?

📊 KEY STATISTICS

• Overall Market Capitalization = $3.03T

  • (680B decrease since Saturday)

• Bitcoin Market Capitalization = $1.67T

  • (300B decrease since Saturday)

• Bitcoin’s ROI in February = -12.28%

📊 BITCOIN’S DAILY MOVEMENT

History continues to be made, but not in the positive way this time around . . .

In the past week, we have witnessed Bitcoin drop ~30% as it plummets from ~$90,000 to ~$60,000!

Thankfully, $60,000 proved to be a solid support which pushed Bitcoin back to $71,680.41.

February may not be the month to save Bitcoin as we are starting off at a -12.28% return, but perhaps it is still too early to say . . .

Taking a look at the image above, we see that Bitcoin sliced through the “pullback area” (shown in the red strip) and easily broke major support at $73,619.30.

We said previously, if Bitcoin breaks through this key support, the bear market will initiate, and we still stand by this.

We aren’t saying that Bitcoin will not reach a new all-time high in the future, but this bearish pressure must pass first before we consider that.

Don’t worry! There is positive news! Check out our “What to Anticipate” section below.

🧠 MARKET PSYCHOLOGY

The surprise isn’t that the bears control the market, it is that they don’t control it more!

For the past 24 hours, the long volume is $55.92B and the short volume is $56.91B!

Hopefully, there will be a major spike out of nowhere of bullish pressure . . . we can dream, can’t we?!

• Short (bearish) traders = 50.45%

• Long (bullish) traders = 49.55%

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🔮 WHAT TO ANTICIPATE

As stated last Saturday . . .

Unfortunately, Bitcoin decided to go with the bearish market anticipated move. This is where we officially say “welcome back” to the bear market . . .

📈 BULLISH SCENARIO

As Bitcoin takes a nosedive into the deep end of the pool with no arm floaties, we have to question . . . is there a bullish scenario?

Don’t forget, this is Bull Market Bytes where we can always find the bullish in the most bearish of situations!

We love the concrete support at $60,000 and believe that someone had a heavy buy order at this level that saved the price . . . or maybe a short order was closed . . . Eek!

The positive! Bitcoin is forming a bull flag formation and will continue to hold it between the levels of $67,330.93 and $71,615.49.

If Bitcoin breaks above $71,615.49, the interaction at $73,619.30 is imperative for this level is the bottom of the “pullback area.”

📉 BEARISH SCENARIO

Bitcoin’s next major support after $60,000 is at $52,910.94, which was last seen in September of 2024.

We do not foresee this level breaking anytime soon, all thanks to $60,000 that is acting as a buffer.

However, these past few months have shown us that we cannot trust the market haha!

If the current bull flag formation breaks, we do anticipate another “go” at $60,000 to see if the support area will break.

👀 WATCH FOR THIS NEXT

Will Bitcoin change its bearish ways or continue to plummet and break our heart?

From now until next Saturday, will Bitcoin move towards resistance at $73,619.30 or support at $52,910.94?

We anticipate a move upward towards $73,619.30 due to the recent downward overextension but time will tell . . .

🧠 OUR OVERALL THOUGHTS

Since 2013, there hasn’t been a “back-to-back” red month for February. However, last year’s February was red . . . will this year change the cycle?

Each red February has been followed up with a positive February (2015 was +18.43% and 2021 was +36.78%).

Historically speaking, 2026 is set to be a bearish year as 2025 was extremely bullish . . . but has the cycle now changed to a 5-year cycle - not a 4-year cycle?

The bearish market is upon us, but that doesn’t mean Bitcoin’s volatility can’t overcome!

Be safe out there, and may the bull guide you well . . .

BULL MARKET BULLETIN 📌

Many Factors Play into Bitcoin’s 53% Crash in 120 Days With institutional interest in Bitcoin at an all-time high, why is Bitcoin plummeting?

Strategy CEO Stays Confident in Bitcoin Stash Even after reporting a $12.6 billion loss this quarter, the largest corporate holder of Bitcoin stays optimistic.

BULLISH OR BULLSH*T? 🤔

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