Today, Bitcoin’s price moved lower again, losing nearly 7% in less than 72 hours. According to CoinGecko, BTC’s daily low was $62,802, while the daily high reached $65,571.
After a period of decline, $XRP is showing noticeable consolidation, and traders are closely watching for potential breakouts in early March.
The odds of Bitcoin appreciating by December stand at 88%, according to economist and Cane Island investment advisor Timothy Peterson. He based his claim on the observation that over the past two years, half of the months delivered positive returns for the leading cryptocurrency.
Sean Farrell, Head of Digital Asset Strategy at Fundstrat Global Advisors, a company founded by Tom Lee, shared his latest analysis of Ethereum.
An anonymous crypto analyst known as Defileo published a review arguing that the main chapter in the history of the crypto industry has yet to be written. He believes that viewing the market purely as a speculative cycle driven by the price movements of Bitcoin distorts the bigger picture.
The risks of an extended February correction in digital gold remain high. The negative technical setup coincides with rising activity from large market participants.
The price of $XRP climbed to $1.67 over the weekend, marking a 24% gain in three days. However, the digital asset retraced by the end of the weekend, falling back below the important $1.50 support and trading within a narrow range at the start of the week.
Coinbase released an analytical note outlining key levels for Bitcoin ($BTC). David Duong from the company’s investment research group highlighted two critical short-term levels: according to him, the strongest support base is at $60,000, while the first major ceiling stands at $82,000.
Analysts at Standard Chartered, led by Geoff Kendrick, sharply revised down their cryptocurrency price forecasts for 2026. XRP saw the biggest downgrade, with experts now expecting its price to fall to $2.8 by year-end — 65% below the previous target of $8.
An advanced artificial intelligence (AI) model forecasts that Bitcoin (BTC) will remain relatively stable in the short term, with moderate growth possible toward the end of February.
Despite Bitcoin (BTC) rebounding to the $70,000 level, an analyst from TradingShot suggested that the asset still has room to decline toward the so-called “optimal point.”
The MVRV indicator helps assess whether an asset is overvalued or undervalued. When MVRV drops below 1, the asset is considered undervalued. Undervalued assets are financial instruments whose market price is temporarily below their intrinsic (real) value. This suggests the market is underestimating the asset’s potential due to temporary difficulties, negative news flow, broader market fluctuations, or other factors.
JPMorgan analysts have reduced Bitcoin’s minimum “fair” price by 14% due to a decline in mining difficulty. Since the start of the year, the mining difficulty of Bitcoin has dropped by 15%, prompting the bank to revise its fair value estimate from $90,000 to $77,000. The digital asset is currently trading around $66,581, which is 13.5% below this minimum benchmark.
The cryptocurrency crash hit not only the wallets of Bitcoin and other coin holders but also all assets connected to the crypto market. Shares of Coinbase, one of the world’s largest cryptocurrency exchanges, founded in 2012, fell nearly to a yearly low. Is it really that bad?
Standard Chartered lowered its bitcoin price forecast for the second time in less than three months, warning that the cryptocurrency could fall to $50,000 before a recovery begins. Bloomberg reports this.
Standard Chartered has lowered its short-term forecasts for digital asset prices, warning of further declines before a recovery later this year.
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