A Bitcoin on-chain gauge tracking short‑term holders has fallen to its deepest oversold level since 2018, a zone historically associated with cycle troughs. Past signals were followed by a roughly 150% one‑year rebound and a 1,900% three‑year advance, while a separate projection sees up to $150 billion entering risk assets by the end of March 2026.

On Feb. 9, S&P Global reported that Ledn's new bitcoin-backed securitized bonds, totaling $188 million, are mainly rated BBB-. The deal, structured and bookrun by Jefferies Financial Group, is collateralized by 4,078.87 BTC valued at about $356.9 million. Bitcoin was trading at $66,329.34 at 4:54 p.m. ET, down nearly 30% over the past month.

At the World Liberty Forum held this week at Mar-a-Lago, Eric Trump again projected that Bitcoin could eventually climb to $1 million per coin and said he has never been more optimistic about the asset's future. Donald Trump Jr. used the same event to denounce traditional banking as a "Ponzi scheme" and claimed that the Trump family moved into crypto after banks closed hundreds of Trump Organization accounts in early 2021. The brothers also alleged that other conservative clients were "debanked" and positioned their World Liberty Financial project as part of an effort to modernize finance, while Bitcoin traded around $66,258, roughly 50% below its $126,000 peak from last October.

Wells Fargo analysts estimate that up to $150 billion in U.S. tax refunds during the 2026 filing season could boost liquidity and support renewed risk-taking in assets like Bitcoin. Over the past four weeks, domestic liquidity reportedly dropped by about $105 billion as Bitcoin fell roughly 28%, but projections point to peak refund-driven cash flows around early April, aligning with historical patterns of stronger retail trading.

Goldman Sachs CEO David Solomon disclosed he owns a small amount of bitcoin while speaking at the first day of World Liberty Forum 2026 in Mar-a-Lago. He has supported blockchain but described crypto as speculative, and in July 2024 said bitcoin might have a "store of value" case. In January 2025, he reiterated Goldman's restrictions on direct crypto involvement.

Glassnode's latest The Week Onchain says early-2024 Bitcoin holders have absorbed selling and formed a dense demand zone between $60k and $69k after a break below a "True Market Mean" near $80,000. With BTC about 45% under its October 2025 all-time high, trader Roman projected a move to $52K–$53K, calling for a brief bounce before another leg lower this week.

Starboard Value estimates Riot Platforms’ AI/HPC plan could create $9–$21 billion in equity value, pointing to the miner’s large Texas power assets. In a letter sent Wednesday, the investor urged faster deal execution, noted AMD’s initial 25 megawatt lease with options up to 200 MW, and said about 1.4 gigawatts remain to monetize.

Bloomberg Intelligence senior commodities strategist Mike McGlone has shared a chart-based view suggesting Bitcoin's most frequently traded level since 2023 sits near $28,000, despite a cycle average around $66,000. He argues that Bitcoin's tight correlation with the Nasdaq-100 and a cooling in equity valuations point to a "reverse wealth effect," implying greater downside risk if stock markets fail to keep advancing.