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Bitcoin at $72,000: Technical Outlook and Why Bulls Eye a $100K Recovery in 2026
After a steep 5% drop over the previous day, Bitcoin has given up important support levels and is currently trading at about $73,000. The flagship cryptocurrency is currently about 42% below its peak of $126,085 in October 2025, and growing technical and fundamental factors indicate that the decline could not be over. chart The most worrying event for Bitcoin bulls has been the persistent outflow from spot Bitcoin ETFs. Over the previous 12 trading days, US-listed Bitcoin exchange-traded funds have experienced cumulative outflows exceeding $2.9 billion, averaging $243 million in daily net withdrawals since January ... (full story)