SPX6900

Futures traders slashed bearish Bitcoin bets last month, a shift that preceded a 70% rally in 2025 and a 190% increase in the BTC price in 2023.

Bitcoin past performance gave 88% odds of higher prices by early 2027, the latest in a series of new bullish BTC price predictions.

Despite the sharp multi-month market downtrend, Bitcoin whales added 236,000 BTC since December 2025, with order size data showing large players building new positions.

Despite bearish pressure and weak US economic data, Bitcoin's recovering hashrate and new onchain security protocols raise the chance for a surge to $70,000.

The failure of the bulls to start a strong recovery in Bitcoin and the major altcoins suggests that the bears intend to remain active at higher levels.

Bitcoin stayed rangebound within a "downward trajectory" as the Supreme Court concluded that some US trade tariffs were illegal and liable for a refund.

Bitcoin may stay capped under $70,000 as traders deploy bearish options strategies, and spot BTC ETF outflows point to a retest of the yearly low.

Bitcoin is on course to lock in another negative month, but one analyst says major differences in the current market structure could be a sign of a pending trend reversal.