Bitcoin price outlook: analyst warns it’s ‘premature’ to say bear market is over

  • Bitcoin price trades around $67,500.
  • The asset rose to near $70,000 but is facing key resistance.
  • Analyst Rekt Capital warns that it’s “premature” to say the current bear market is over.

Bitcoin price is hovering around $67,500 after retreating from highs near $70,000.

The spike to intraday highs on Wednesday saw chatter across ‘Crypto Twitter’ shift to the potential for BTC to have bottomed out and prospects of a sharp uptick.

While bullish sentiment continues to permeate the crypto market, one analyst is cautioning against “premature” calls of the bear market being over.

This even as US spot Bitcoin ETFs take fresh inflows to cut year-to-date outflows to under $2 billion.

Bitcoin retreats from $70k as analyst warns of further declines

Macroeconomic and geopolitical headwinds have meant Bitcoin has found it hard to break higher since recovering from lows near $60,000 reached in early February.

However, the bellwether crypto asset surged toward $70,000 ahead of Nvidia’s earnings report on Wednesday, February 25, 2026.

Like gains across equities, Bitcoin’s uptick benefited from anticipation around Nvidia’s earnings report.

But despite strong AI-driven results, stock futures stalled, and BTC pulled back, trading to around $67,500 as of writing.

Nvidia shares also fell, down more than 5% at open on Thursday. Reaction to the chip giant’s earnings beat impacted BTC.

Despite this pullback, many traders are upbeat after US spot Bitcoin ETFs snapped a recent losing streak, with over $750 million in net inflows over two days. The flip has the market trending with mixed signals.

However, according to crypto analyst Rekt Capital, it’s premature to say the bear market is over.

“The shortest Bitcoin Bear Market lasted 365 days. Bitcoin is currently ~140 days into its current Bear Market,” he posted on X, adding:

“Any talk of the Bear Market being over already is probably premature.”

Spot ETF inflows, on-chain metrics and macro shifts could be key factors in this cycle. But Rekt believes the technical picture says a lot.

In this case, the analyst points to historical cycle bottoms and BTC’s slide below the 200-week exponential moving average.

Even with recent inflows reversing recent outflows to a degree, institutional demand is low, and that could limit any upside.

BTC price analysis

Technically, Bitcoin’s retreat from $70,000 exposes support at $68,000-$68,500.

With a breakdown to $67,500, bulls risk an acceleration toward $60,000.

Rekt shares this outlook by noting that bulls remain vulnerable as long as price fluctuates below the 200-week EMA.

The moving average has acted as resistance in previous bear markets, including in 2018.

“Ultimately, as long as Bitcoin remains below the 200-week EMA, history suggests price will favour additional downside,” the analyst noted.

Earlier this month, analysts at Standard Chartered cut their target for BTC in 2026 to $100,000 and forecast a potential retest of $50,000 before a fresh rally higher.

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Dogecoin recovery stalls as DOGE retreats below $0.10

  • Dogecoin price hovers near $0.10 amid fresh rejection above this level.
  • Open interest has dropped below $1 billion.
  • DOGE could drop to $0.08 if weakness intensifies.

Dogecoin’s latest price rally has hit a snag, with the meme coin slipping back under the key $0.10 threshold amid fading momentum in the meme coin sector.

On Thursday, February 26, 2026, DOGE hovered around $0.1004, clinging to modest daily gains after a volatile week that saw it dip as low as $0.0914 the previous day.

This retreat highlights persistent challenges for the meme-themed cryptocurrencies, once buoyed by celebrity endorsements but now grappling with broader market headwinds and technical barriers.

DOGE price retested highs above $0.10

Dogecoin briefly surged past $0.10 on Wednesday, fueled by a sharp rebound for Bitcoin and top altcoins.

Traders eyed momentum above the psychological level as a potential springboard for renewed interest, especially after DOGE touched $0.11 on February 25 before retreating.

However, the uptick proved short-lived, with selling pressure mounting as the token failed to sustain gains, retreating amid thinner trading volumes and scepticism over long-term catalysts.

A unique angle here is the role of retail investor fatigue.

On-chain metrics show smaller holders distributing positions after the spike, wary of the slide seen following Dogecoin price rallying to its peak in 2025.

CoinGlass data shows that open interest in Dogecoin futures has dropped to under $1 billion.

The dip has been progressive since the peak of over $5 billion in September 2025.

This shift highlights how community-driven hype, Dogecoin’s hallmark, is waning as macro factors overshadow viral buzz.

Dogecoin price analysis

Dogecoin is trading near $0.098 as of writing on Thursday, preserving about 4% of the advance from the prior session.

The slight dip from intraday highs aligns with the rejection at the upper boundary of a falling channel.

Dogecoin has also traded lower amid falling 50-day and 100-day SMAs.

Bulls, therefore, face the $0.10 and the SMA barriers as immediate resistance levels.

Dogecoin Price Chart
DOGE price chart by TradingView

The daily MACD has climbed following a signal line rebound earlier in the week, pointing to budding bullish energy.

Buyers are also unwavering as RSI lingers near the 50 mark, hinting at neutral sentiment.

This means fresh gains could follow if buyers retake control.

Yet, a close below $0.10 could revive selling, targeting the February lows of $0.08 and exposing deeper corrections.

From a distinctive perspective, Dogecoin’s stall mirrors a “meme exhaustion pattern” seen in past cycles.

After quick pops, prices have often quickly pared gains.

With year-to-date declines persisting and Bitcoin’s surge also stalling, DOGE bulls need a decisive breakout to shift momentum.

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XLM bounces from $0.15 lows, but bears remain in control

  • Stellar price rose to near $0.17 on Thursday, February 26.
  • XLM bounced higher as cryptocurrencies recorded gains across the board.
  • Bulls could target $0.40 if sentiment holds, but bears remain largely in control.

Stellar (XLM) price rose to near $0.17 early Thursday as a broad market bounce lifted cryptocurrencies.

The altcoin’s price mirrored the movement of major alts and Bitcoin, jumping from lows of $0.15 as sentiment drove buy-side pressure.

Bitcoin’s surge to near $70k came ahead of Nvidia earnings.

BTC is holding above $68k, and this could mean a short-term retest of highs above the psychological level.

However, bulls are at risk of giving up all the intraday gains if bearish sentiment continues to dictate momentum, with analysts pointing to the latest uptick as a potential relief bounce that may yet fade quickly.

XLM price today

XLM price hovers at $0.1647 as of writing, up nearly 8% in the past 24 hours.

The gains put Stellar up about 3% in the past week, and extended the altcoin’s recovery from oversold levels near $0.15.

According to data from CoinMarketCap, the price jump has come amid a spike in daily trading volume.

The spot volume stood at $155 million, up 50% as XLM tested intraday highs around $0.169.

Stellar price technical analysis

Despite notable gains, XLM remains pinned below the 50-day and 100-day SMAs.

The moving averages are clustered near $0.18-$0.21, signalling continued downside pressure.

A descending resistance trendline also caps upside, and bulls need a clean break to sustain the advantage.

In terms of technical indicators, the daily RSI has inched up from oversold territory but stays neutral.

Meanwhile, the MACD shows bullish divergence, but a shrinking histogram suggests limited breakout potential without a notable volume surge.

XLM Price Chart
XLM price chart by TradingView

For bulls, near-term recovery hinges on holding $0.16 support.

A push above $0.17 and a retest of highs above the key moving averages will buoy buyers.

Key targets lie in the $0.25-$0.41 area.

Helping Stellar’s bullish outlook is its traction in the payments and tokenization markets.

The blockchain network ranks among the top chains for distributed and represented real-world assets, alongside XRP Ledger and others.

Gains for XRP have often coincided with an uptick for XLM.

On the downside, bears may rely on a bearish tilt supported by negative trends in the derivatives market.

XLM’s futures open interest remains low compared to metrics seen during last year’s peak. Funding rates also reinforce this outlook.

As such, downside risks loom large, and a breakdown below $0.15 could be bad news for XLM bulls.

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ICP price retests key level: what’s the outlook?

  • Internet Computer token ICP traded to highs of $2.58 to extend its uptick.
  • Gains came amid a notable spike in volume as crypto prices bounced higher.
  • ICP could target $4.00 or higher, though risks of a sharp pullback remain.

Internet Computer (ICP) price has retested the pivotal supply zone above $2.50 as bulls edge higher from the seven-day low near $2.

The retest occurs amid broader recovery efforts across the cryptocurrency market, with ICP among the top altcoin gainers on the day.

With prices up 9% in the past 24 hours, and volume up 93% to over $125 million, it’s likely bulls could target resistance at higher levels.

Internet Computer price jumps above $2.50

ICP currently boasts intraday gains of about 9% over the past 24 hours, with the price currently trading down from its peak in the period.

But having pushed from a low near $2, it appears bulls have their sight on more.

Gains for ICP mirror broader market sentiment, where Bitcoin tested highs near $70,000 amid Nvidia-driven risk appetite.

The AI narrative also pushed tokens like NEAR, Bittensor, and Render higher.

The uptick to intraday highs of $2.58 sees the Internet Computer token trade at levels last seen in mid-February.

ICP price technical picture

From a technical standpoint, ICP’s retest of the $2.50 hurdle marks a potentially critical flip.

The price action signals buyer interest, and a breakout from a long-term downtrend line is likely to strengthen.

Bulls now need to successfully hold above this level to validate a bullish reversal pattern.

Targets on the upside include resistance at $3.21 and $4.00, with volume confirmation key to buyer conviction.

ICP Price Chart
Internet Computer price chart by TradingView

RSI on the daily chart suggests bulls may have room to test bears’ resilience, while the MACD also displays potential bullish strength.

However, price is below key moving averages, and the shape of the 50 and 100-day simple moving averages outlines overhead resistance.

If price drops from current levels, robust support lies at $2.00 and the October 10 low of $1.98.

The token changed hands at around $2.41 at the time of writing.

Key ICP proposal

Notably, ICP is rising amid Internet Computer’s recent proposal for a tokenomics upgrade.

In its plan, DFINITY Foundation seeks the introduction of revenue-funded burns, with 20% from cloud engine fees alongside usage-based node rewards being removed.

This will directly tie ICP supply reduction to network demand, a mechanism that then sees 80% of cloud engine revenue allocated to node providers.

In this case, the Internet Computer wants to shift from fixed subsidies to performance-linked incentives, a model that would mirror other cloud compute-focused chains.

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