Today, the price of Bitcoin recorded a sudden gain.
In fact, in just over six hours, it went from $71,000 to $74,000, but then it fell back to $73,000.
These are movements that seem significant because they are swift, but in reality, they do not profoundly alter the trend of recent times.
The Trend
On Friday, February 6th, the price of Bitcoin had reached the bottom of the decline from late January/early February.
That peak was reached at around $60,000, but in reality, excluding the technical phase of the decline due to the forced liquidation of long positions, the bottom was hit around $62,500.
However, on the same day, there was a rebound that ended up bringing it back to around $70,000 the following day.
Starting precisely from February 7, a long period of lateralization began, characterized by volatility that was not low, but not particularly high either, with an initial breakout attempt in early March, which failed in less than 24 hours.
Excluding that fail
We współpracy z: https://en.cryptonomist.ch/2026/03/16/bitcoin-todays-gains-are-not-enough/
