Crypto Analysis

Bitcoin faces bearish signals amid recent price recovery

March 08, 2026 Ti AI ṣe iroyin Àwòrán tí AI ṣe

Bitcoin's price has rebounded to around $67,000-$70,000 after hitting $60,000 in early February 2026, but analysts warn of a potential bull trap and ongoing bear market. On-chain data shows whales selling into retail demand, while 77% of corporate Bitcoin holdings are underwater. AI models suggest the bottom may be in, though further declines remain possible.