#Bitcoin BTC Price News & Insights Today 8-2-2026 - Technical analysis of #BTC, on market structure, key support and resistance zones. Video by More #Crypto Online.
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Bitcoin (BTC) is trading at approximately $69,256 as of February 8, 2026, recovering from a significant market "capitulation" earlier in the week that saw prices briefly plunge below $60,000. Despite this recent bounce of over 10% from the lows, Bitcoin remains down roughly 45% from its all-time high of $126,198 set in October 2025.
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Bitcoin Insights Today
-Post-Capitulation Recovery: Following a "brutal" sell-off on February 5, 2026, where BTC hit a low of $60,074, a broad-based accumulation phase has emerged. Wallets holding 10–100 BTC were the most aggressive buyers during this dip.
-Systemic Pressures: Analysts attribute the recent volatility to rising Treasury yields, macroeconomic uncertainty, and heavy outflows from U.S. spot Bitcoin ETFs.
-Network Health: The Bitcoin mining difficulty is currently 125.86 trillion, with an expected 15.16% increase in the next adjustment on February 19, 2026. Average daily miners' revenue for the past week stands at $32.13 million.
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