Bitcoin price outlook: analyst warns it’s ‘premature’ to say bear market is over

Bitcoin price trades around $67,500. The asset rose to near $70,000 but is facing key resistance. Analyst Rekt Capital warns that it’s “premature” to say the current bear market is over. Bitcoin price is hovering around $67,500 after retreating from highs near $70,000. The spike to intraday highs on Wednesday saw chatter across ‘Crypto Twitter’ shift to the potential for BTC to have bottomed out and prospects of a sharp uptick. While bullish sentiment continues to permeate the crypto market, one analyst is cautioning against “premature” calls of the bear market being over. This even as US spot Bitcoin ETFs take fresh inflows to cut year-to-date outflows to under $2 billion. Bitcoin retreats from $70k as analyst warns of further declines Macroeconomic and geopolitical headwinds have meant Bitcoin has found it hard to break higher since recovering from lows near $60,000 reached in early February. However, the bellwether crypto asset surged toward $70,000 ahead of Nvidia’s earnings report on Wednesday, February 25, 2026. Like gains across equities, Bitcoin’s uptick benefited from anticipation around Nvidia’s earnings report. But despite strong AI-driven results, stock futures stalled, and BTC pulled back, trading to 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 beat impacted BTC. Despite this pullback, many traders are upbeat after US spot Bitcoin ETFs snapped a recent losing streak, with over $750 million in net inflows over t