Saturday, February 7, 2026, Bitcoin surprised markets by rebounding 12.2% to reach $70,524, after hitting a low of $62,854 the day before. Ethereum followed with a 13.2% gain, trading at $2,061. Despite this rebound, the week remains negative, with BTC down 16.2% over seven days.
This spectacular turnaround is explained by a return of bargain buying, often seen after brutal drops. Investors, seeing Bitcoin below $65,000, seized the opportunity to accumulate, while shorts were caught off guard, triggering a squeeze. Volumes remained high but lower than the previous day, suggesting stabilization rather than a new impulse. The market appears to be seeking equilibrium after the panic.
For analysts, this rebound is a sign of resilience, but caution remains warranted. Bitcoin must now hold above $70,000 to avoid another test of $60,000. Ethereum, though up, remains under pressure with a weekly loss of 18.5%. Investors are watching the coming days to confirm whether this rebound is sustainable or just a blip in a bearish trend.
📬
Recevez le briefing crypto de la semaine
Analyses, tendances et opportunités — directement dans votre boîte mail.
