This historic indicator just flagged Bitcoin's price bottom

As Bitcoin BTC BTC - $68975.498 continues to retrace below the $70,000 level, historical indicators suggest that the asset is likely to drop further before bottoming.

Source: finbold.com

Related symbols: BTCUSD

2026-02-09 16:52:02 GMT.

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Price & Market Data

Price: $68975.498

Volume 24h: $47,261,776,798.13

Market Cap: $1,378,622,116,033.50

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,987,106. The last known price of Bitcoin is 68,972.89203179 USD and is down -1.07 over the last 24 hours. It is currently trading on 12559 active market(s) with $48,318,948,822.30 traded over the last 24 hours. More information can be found at https://bitcoin.org/.