My dear readers, gather ’round! Bitcoin, that tempestuous darling of the digital realm, has finally donned a green frock after five weeks of mourning in red. How utterly thrilling, don’t you think?
The analysts, those ever-so-clever darlings, are positively giddy. They whisper that the bear market, that tiresome old bore, may have taken its final curtain call in February. Could it be? A new act, a more sparkling phase, already underway?
After months of capital fleeing like debutantes from a scandal, new signals have emerged, as bright as a chandelier at the Ritz. These, my dears, bolster the notion of a turnaround.
The 23-Month Farce: A Bitcoin Comedy in Three Acts
A trader, seasoned and oh-so-dramatic, has captured the crypto crowd’s attention with a theory as bold as a Coward one-liner. Bitcoin, it seems, bottoms precisely 23 months after its all-time high-every single time. How divinely predictable!
And lo, we find ourselves at the 23-month mark since the last ATH. Perfect timing, darlings, simply perfect. Coinvo Trading declares, with all the gravitas of a Shakespearean actor, “This has never failed.” How reassuringly absurd!
“Bitcoin has hit its bear market bottom at exactly 23 months after the ATH in every single cycle. We are sitting at 23 months right now. This has never failed,” Coinvo Trading stated.
Peter Brandt, that venerable trader, finds this narrative more compelling than a Coward wit. The bear market, he suggests, could have ended in February, with a recovery just around the corner. How delightfully optimistic!
Yesterday, the market capitalization rebounded by 6%, from $2.19 trillion to $2.32 trillion. Investor optimism, my dears, is bubbling like champagne at a society wedding. Bitcoin and altcoins, once in the doldrums, now sparkle with potential.
And what of Google Trends, that modern oracle? Searches for “Buy Bitcoin” are at their highest since 2021. New investors, it seems, are flocking like socialites to a gala.
BOTTOM SIGNAL?
“Buy Bitcoin” at highest level not seen since 2021
– Lark Davis (@LarkDavis) February 26, 2026
But hold your horses, darlings! Not all are convinced. Some analysts, ever the skeptics, insist the market needs six more months to recover. Historical data, they say, demands patience. How dreadfully dull!
Stablecoin flows, those pesky indicators, remain negative. Leon Waidmann, Head of Research at Lisk, quips that more coins are leaving exchanges than entering. Buying pressure, he says, is as weak as a Coward cocktail without the gin.
“Look at the chart. Every major BTC rally over the past year was fueled by massive green bars (stablecoin inflows). Now? Deep red. Nearly -$10B in net outflows. BTC won’t catch a sustained bid until this reverses. It’s that simple,” Leon Waidmann stated.
So, my darlings, while the market has rebounded, let’s not declare the bear market over just yet. BeInCrypto suggests Bitcoin must reclaim and hold the $70,000 level. Until then, let’s enjoy the drama, shall we? After all, life without a bit of Coward-esque flair would be utterly unbearable.
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2026-02-26 16:36