Bitcoin price outlook: analyst warns it is premature to call end to bear market

Bitcoin price trades near $67,500. The asset rose to almost $70,000 but faces key resistance. Analyst Rekt Capital states it is premature to conclude the current bear market is over. Bitcoin is hovering near $67,500 after retreating from highs around $70,000. The spike to intraday highs on Wednesday triggered discussion across Crypto Twitter about a potential bottom and expectations of a sharp uptick. While bullish sentiment persists, we must be cautious about declaring the bear market finished. This caution remains even as US spot Bitcoin ETFs see fresh inflows, reducing year-to-date outflows to under $2 billion. Bitcoin retreats from $70k as analyst warns of further declines. Macroeconomic and geopolitical headwinds have made it difficult for Bitcoin to break higher since recovering from lows near $60,000 in early February. However, the asset surged toward $70,000 ahead of Nvidia's earnings report on Wednesday, February 25, 2026. Similar to equities, Bitcoin's uptick was driven by anticipation of Nvidia's report. But despite strong AI-driven results, stock futures stalled and BTC pulled back, trading around $67,500 as of writing. Nvidia shares also fell, down more than 5% at open on Thursday. Reaction to the chip giant's earnings impacted BTC. Despite this pullback, many traders are optimistic after US spot Bitcoin ETFs ended a recent losing streak, with over $750 million in net inflows. We should monitor if these inflows sustain the current price level or if resistance forces another decline.