🚀 The King of Crypto is delivering a masterclass in market psychology. Today, Feb 9, 2026, Bitcoin is trading at $70,837, showing a 2.4% recovery after a heart-stopping plunge.
📊 The Chaos & The Comeback
We just survived a brutal "flash crash" from $126,000 down to a local bottom of $60,074. This wipeout liquidated over $6.5 billion in positions, pushing the Fear & Greed Index to a bone-chilling 5/100.
Why the volatility?
Macro Shocks: A hawkish Fed shift under Kevin Warsh has investors spooked about liquidity.
ETF Rebound: Despite the fear, Spot ETFs saw a $371M inflow on Feb 6, led by BlackRock’s IBIT.
🔮 What’s Next for BTC?
BTC is now battling the crucial $71,000 resistance. If it holds, a move toward $85,000 is the next bullish target. However, losing the $60k floor could open a trapdoor to $54,600.
The narrative is shifting: is this a "dead-cat bounce" or the ultimate generational dip? On Binance, the whales are accumulating while retail hesitates.
