Bitcoin hovers near $78,000 with 'broader downtrend intact'

Market Intelligence Analysis

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Why This Matters

Bitcoin has stabilized near $78,000, but experts believe the downtrend is still intact, suggesting a potential for further price decline.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Bitcoin steadied on Monday after a sharp drop over the weekend. Strategists warn it's too early to call a bottom on the token's latest rout.

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Full article on Yahoo Finance
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Original article published by Yahoo Finance on February 2, 2026.
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