Bitcoin dips under $63,000 and history says more pain ahead before bottom forms

Market Intelligence Analysis

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Why This Matters

Bitcoin has dipped below $63,000, with historical data suggesting potential further decline before a bottom forms, driven by renewed concerns over President Trump's tariffs.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
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 extends overnight weakness amid renewed concerns over President Trump's tariffs.

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Original article published by CoinDesk on February 24, 2026.
Analysis and insights provided by AnalystMarkets AI.