The cryptocurrency market served as a real-time volatility barometer over the 
weekend as joint U.S. and Israeli strikes on Iran triggered a sharp sell-off 
while traditional markets were closed. The Bitcoin Benchmarking The 
cryptocurrency market once again fell victim to its own always-on 
architecture. As the only major asset class trading 24/7, digital assets bore 
[…]

Altcoins Crumble: ETH, XRP, SOL Lead Losses Amid Geopolitical Tensions

Traders who bought Bitcoin three to five years ago are still up around 90% on 
average, even after the latest correction.

Buying Bitcoin? Hold for at least three years to avoid losses, data says

Bitcoin’s higher-timeframe structure is in an interesting state, according to 
crypto analyst Crypto Patel, who is of the notion that the cryptocurrency has 
officially entered bearish territory after breaking a long-term support level 
at $107,000. Technical analysis of price action on the weekly candlestick 
price chart shows Bitcoin is now in this bearish territory, with a projection 
of a deeper correction to as low as $35,000 in 2026. The outlook is based on 
Fibonacci retracement levels that could determine Bitcoin’s next price move. 
Bearish Territory Kicked In After Breakdown Below $107,000 The outlook of this 
technical analysis is based on the premise that Bitcoin entered into bearish 
territory after the price broke down below a major higher-timeframe ascending 
trendline around $107,000. This trendline, which is visible on the weekly 
chart shared by Crypto Patel, acted as dynamic support throughout much of the 
2023 to 2025 rally. It connected a series of higher lows and helped sustain 
the broader bullish structure that ended with Bitcoin reaching a peak price of 
$126,080. Related Reading: Is Bitcoin Done Or Is This Just The Beginning? 
Pundit Shares Points To Consider The chart shows the breakdown zone with a red 
circle, indicating where the price decisively lost that upward support. After 
the breach, Bitcoin entered into a changed momentum and began printing lower 
highs. According to Patel, that trendline was the line in the sand, and losing 
it was when Bitcoin officially entered bearish territory. The market now needs 
a healthy correction before the next leg up. Fibonacci Levels Point To $44,000 
And $35,000 Bitcoin has been on a downward path since the beginning of the 
year, and the projection is that this will continue until it bottoms out 
around $35,000. This outlook is based on how much the Bitcoin price corrected 
in previous cycles. Related Reading: Are Institutions Killing Bitcoin And 
Ethereum? Here’s How They’ve Fared Since Companies Got Involved For instance, 
the 2018 bear market saw an approximately 84% decline from peak to trough. 
Similarly, the 2022 correction erased roughly 77% from its cycle high. In both 
instances, these deep retracements came before the next major rally. Based on 
that historical perspective, a move below $50,000 from the current price level 
would not be unprecedented. Instead, it would fit within Bitcoin’s established 
cycle behavior. The projected downside targets are derived from Fibonacci 
retracement levels drawn from the October 2025 all-time high. Two levels stand 
out clearly on the chart. The first level is the 0.5 Fibonacci retracement, 
which is currently around $44,000. The 0.5 Fibonacci retracement is a mid- 
cycle pullback level and has always attracted strong buying interest in 
previous corrections, making it a possible stabilization point if selling 
pressure slows down. Should Bitcoin fail to find support near $44,000, then 
the next level is the 0.618 Fibonacci retracement around $35,000. The 
expectation is that Bitcoin will eventually bottom at $35,000 even if it fails 
to hold above $44,000. At the time of writing, Bitcoin is trading at $63,740, 
down by 6% in the past 24 hours. Featured image from Pngtree, chart from 
Tradingview.com

Bitcoin Has Officially Entered Bearish Territory, And It’s Headed To $35,000; Chart Shows

Lawmakers urge US regulators to review Binance’s AML and sanctions controls 
after reports of Iran-linked transactions and potential evasion risks.

11 US senators request federal probe into Binance’s sanctions compliance

Bitcoin is trading at $63,922 on Feb. 28, 2026, at 8 a.m. EST, clinging to the 
mid-$60,000s after a bruising February drawdown. The narrative grew 
considerably more fraught as hostilities in the Middle East began commanding 
international attention. For now, bitcoin’s broader structure remains heavy, 
and the charts across multiple timeframes suggest that rallies continue […]

Cryptocurrency price in UAH