Market prices continue to trend towards a possible rate cut cycle starting in the first half of 2026 | Photo credit: Dado Ruvic
Riya Sehgal, research analyst at Delta Exchange, highlighted that more than $400 million in short liquidations provided upside momentum.
“Improving global risk appetite, stabilizing bond yields and expectations of smoother financial conditions support liquidity-sensitive assets including crypto. Bitcoin faces resistance between $69,000 and $72,900; a breakout could target $74,000, while rejection could lead to near-term consolidation or a pullback towards $66,000 support,” she said.
Meanwhile, Vikram Subburaj, CEO of Giottus, noted that Bitcoin rose about 3.5 percent in 24 hours. Intraday trading briefly approached the $70,000 mark, a price that remains immediate overhead resistance.
“Technically, $70,000 is the first psychological barrier. A sustained break could reopen the path to the low $70,000s. This is a supply zone that was tested earlier this month. On the other hand, $65,000 remains the short-term linchpin. A bust would expose $63,000, while deeper structural support would cost around $60,000. This level has repeatedly attracted demand in February,” he said.
He reiterated that ETF flows have turned supportive. US-listed spot Bitcoin ETFs recorded net inflows of approximately $257.7 million on February 24 and $193.6 million on February 25. The sequential inflows indicate institutional dip buying rather than broad liquidation, which contrasts with previous sessions in February where participation was uneven.
Macro remains the dominant driver. The US Federal Reserve meeting from March 17 to 18 is just around the corner. Market prices continue to trend towards a possible cycle of rate cuts starting in the first half of 2026. Inflation figures will also be released in early to mid-March. The direction of government bond yields and liquidity expectations continue to influence crypto’s short-term beta versus equities.
The sustainability of the rally depends on institutional inflows, macro stability and overhead supply absorption. The structure points to market resilience, although confirmation above key resistance is needed for broader bullish continuation.
Published on February 26, 2026
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