On Saturday, Bitcoin fell toward $63,000, with daily losses near 4%, after the United States and Israel announced a military operation in Iran. A video address by President Donald Trump said the raids targeted nuclear infrastructure, while crypto markets absorbed the shock alone as liquidations exceeded $250 million within four hours.

Bitcoin retreated from a high of $70,040 after failing to reclaim the 200-week exponential moving average and the prior 2021 peak. Traders note that BTC's rejection near $68,000 keeps downside risk in focus, with some analysts arguing the current bear phase, about 140 days long, still falls short of past cycle durations and drawdowns.

Bitcoin climbed to $67,000 at Wednesday’s Wall Street open, adding roughly 4.5% on the day as it moved toward the 200-week EMA around $68,330. Remarks from U.S. Trade Representative Jamieson Greer on 15% tariffs had limited impact, while traders flagged a weekly level near $74,492 and noted an emerging RSI divergence versus gold.

Bitcoin climbed back above $66,000, touching $66,300 before consolidating, according to TradingView. The move on Feb. 25, 2026 sparked debate over claims of a Jane Street 10am ET sell program, which the firm dismissed, while traders flagged thin order books and $333 million in 24-hour liquidations with $213 million from shorts.

At Monday's Wall Street open, Bitcoin (BTC) traded around $66,000 with price targets ranging from a potential drop toward $60,000 to a recovery higher. On-chain and derivatives analysts highlighted repeated sell pressure from U.S. traders, key support near $64,200–$65,000 and resistance up to $68,700. Market participants also focused on newly announced 15% U.S. trade tariffs, viewed by some as an immediate macro catalyst for Bitcoin.

Bitcoin traded in a narrowing band around intraday lows of $65,620 on Thursday while cross‑crypto liquidations over 24 hours reached $210 million. Analysts highlighted weak bounces, clustered liquidation levels between $64,000–$71,000 and four weeks of fund outflows totaling $3.74 billion as signs of persistently bearish sentiment.

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.

On Monday, Bitcoin spiked to $70,000 and then retraced during a U.S. bank holiday as thin liquidity enabled rapid squeezes that cleared longs and shorts. CoinGlass reported about $120 million in crypto liquidations over four hours, while the weekly RSI fell to 27.8, the lowest since June 2022 per Keith Alan.

On Sunday, Bitcoin closed above the 200‑week EMA near $68,343 and just below the 2021 peak around $69,000. CoinGlass counted over $250 million in 24‑hour crypto liquidations as traders rebuilt longs under $68,000; macro focus turns to Friday's PCE and Q4 GDP, while on‑chain levels converge near the realized price around $55,800.