BTC rebounds +3% today! Has the dip ended or is it just a breather before more action? 🚀 $71k recovered - Feb 8, 2026
Good day crypto fam! After a brutal week with massive liquidations and BTC hitting lows of $60k-$61k (even temporarily below!), today the king has said "not so fast".
Quick data for today (Feb 8, 2026):
Bitcoin is at ~$71,000 (up +2-3% in the last hours, according to Yahoo Finance and U.Today).
It reclaimed $71k thanks to institutional buys during the dip (Bitcoin Magazine confirms this).
High volume, Fear & Greed moving out of extreme fear.
Altcoins are mostly green as well, ETH and others recovering somewhat.
Predictions on Polymarket: +94% chance that BTC will close at $70k-$72k today.
Is capitulation over? Many say yes: long-term holders held firm, forced liquidations have passed, and it seems there is real accumulation at these levels. But beware: the market remains volatile, with macro doubts (Fed, rates, etc.) and some analysts see a possible retest of $65k-$68k again before going for $80k.
My quick take (not financial advice, DYOR):
If you're in spot → good time to HODL or add if you believe in the long term.
If you're a trader → watch $70k as key support and $72k-$74k as next resistance.
Today's bounce is strong, but in crypto never say "never lower".
What do you think? Do you believe BTC is heading straight to $80k soon, or are we going to test lows again? Are you buying the dip or waiting for more clarity? Comment and share your charts! 👇
#BTC #Bitcoin #Crypto #BTCBounce
#MercadoCrypto