Key Highlights
- Related ReadingBitcoin must recover $71,500 soon or the drift back to $60,000 beginsBTC has failed this critical test three times already and the fourth attempt signals a massive breakout or a brutal rejection.
- Feb 8, 2026 · Liam 'Akiba' Wright Bitcoin already lived through the violent part of this story.
- The crash down toward $60,000 left a long wick and a long memory.
- Since then, price has clawed back into the low $70,000s, and every push higher has forced the same question, is this rally rebuilding structure, or is it simply giving traders a cleaner place to sell?The soft CPI print gave Bitcoin the kind of fuel it usually needs to test resistance with conviction.
- Price rallied, the chart brightened, and the market drifted into that familiar decision zone again. Now it’s Saturday morning, liquidity is thinner, and the candles look like they’re hesitating around $70,300.
