UniCredit: BTC recovery requires market sentiment and ETF inflows to support; falling below $50,000 may face structural changes

GateNewsBot

bitcoin news Market Analysis Price Prediction Global Markets

2026-02-21 00:48:28

BTC0.71%

PANews February 21 News, UniCredit strategist Thomas Strobel stated that the recent decline in Bitcoin mainly reflects weak market sentiment and macroeconomic pressures. Although the easing of regulatory uncertainty in the United States has somewhat reduced policy risks, the bank maintains a neutral stance, estimating Bitcoin’s fair value at approximately $75,000. If the price drops about 35% below this level, especially if it remains below $50,000, it could indicate a deeper structural shift. For Bitcoin to recover, it needs improved sentiment, a rebound in ETF capital inflows, and an overall improvement in liquidity conditions.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

"Silver Ironhead Short Squad" shorted 5,000 ETH and 50 BTC, approximately $13.28 million

bitcoin news ethereum news

On February 21, BlockBeats reported that the short seller "Silver Iron Head Short Army" has entered the market again, shorting 5,000 ETH and 50 BTC, currently both in floating loss. Previously, their silver short position had a loss of $4.79 million.

GateNewsBot24m ago

Comment

0/400

No comments