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🇺🇸 A Bounce, Not a Bottom — Yet

Bitcoin’s sharp rebound from $60,000 is supported by real spot demand, but broader structures still warn that the downside process may not be complete.

Feb 06, 2026
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🪙 Crypto Market Overview

Bitcoin has rebounded from the $60,000 level, coinciding with the strongest burst of buy volume seen since November. Spot bids stepped in aggressively, suggesting this move is not purely mechanical or derivatives-driven.

That said, this rebound alone does not resolve the broader downside structure. Even from here, Bitcoin could recover into the low–mid $70,000s if buying interest persists intraday. But structurally, this still looks like a reaction rather than a confirmed floor.

At this stage, the market is bouncing — not healing.

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