Bitcoin increased to $68000, with bitcoin ETF inflow of $507 million

[Oshosondy]

Bitcoin almost increased to $70000 some hours ago but it is presently at $68000 when I wanted to post this. I saw this on the news, it is like there will be a bull run with the other news that I am reading, but it has been like this in the past that later bitcoin price will later fall. What do you think is the market situation now, will bitcoin increase?

What I am seeing now online is that bitcoin may increase to $80000. This is not my own analysis or speculation, it what I am seeing online. But it will not be surprising at all if bitcoin is not going beyond $75000.

[Free Market Capitalist]

Bitcoin almost increased to $70000 some hours ago but it is presently at $68000 when I wanted to post this. I saw this on the news, it is like there will be a bull run with the other news that I am reading, but it has been like this in the past that later bitcoin price will later fall. What do you think is the market situation now, will bitcoin increase?

I see more of a rebound in a downward trend. Bitcoin rose sharply yesterday, as did the markets in general, and after falling so much, that's normal. For me to become more optimistic about the rest of 2026, I need to see more than that.

[crwth]

I check the ETF flows here in Coinglass^[1]

The daily net inflow shows $506.60 M +7.91K BTC, which is very good if you are bullish, but overall, the current month is still negative. Like what Free Market Capitalist have said, more of this would really convince us if we are done with the current bear market. Looking at the past 90 days, it is still negative.  


[1] - https://www.coinglass.com/etf

[Charles-Tim]

I check the ETF flows here in Coinglass^[1]

The daily net inflow shows $506.60 M +7.91K BTC, which is very good if you are bullish, but overall, the current month is still negative. Like what Free Market Capitalist have said, more of this would really convince us if we are done with the current bear market. Looking at the past 90 days, it is still negative.  

Yes, more of it will be good but bitcoin is falling back again just as usual. Less than 30 minutes ago, it fell to $66800 but now it is at $67012.

People are not ready to buy bitcoin at $70000 for now, those that bought bitcoin at a lower price than that are selling back just like they are trading.

[AVE5]

Bitcoin almost increased to $70000 some hours ago but it is presently at $68000 when I wanted to post this. I saw this on the news, it is like there will be a bull run with the other news that I am reading, but it has been like this in the past that later bitcoin price will later fall. What do you think is the market situation now, will bitcoin increase?

Yes I see all that of the market performance today which was almost to break the $70,000 resistance at an Intraday of $69,000 and $66,000 lower.
I wasn't surprise to see that though after reading the news of Strategy buying additional 592 bitcoins last week at the total sum of $39,800,000.00 marking it 100th times count of buying bitcoins since 2020 which so far had emerged the institution a total sum of 717,722 bitcoins to their portfolio worth $54,560,000,000 in the current time according to the news analysis.
https://www.coindesk.com/markets/2026/02/23/strategy-logs-100th-bitcoin-purchase-announcement-adding-592-coins-last-week-for-usd39-8-million

I think the effectiveness of this news is potential enough to pull momentum of pushing price up at a certain level in the short time too.

[Zaguru12]

Yes, more of it will be good but bitcoin is falling back again just as usual. Less than 30 minutes ago, it fell to $66800 but now it is at $67012.

People are not ready to buy bitcoin at $70000 for now, those that bought bitcoin at a lower price than that are selling back just like they are trading.

People have actually agreed upon that this is a bearish trend and that’s why you see just little pumps and the market immediately returning back to its bearish sentiment. This inflows will only create temporary demands but won’t be enough to break most highs because the momentum is with sellers and most buyers you see now are those treating the market as a trading ground for now, they buy for just short term gains and then inherently sell off.

Bitcoin will seriously remain below $70k for while because the market hasn’t show any buyers momentum at the moment, we need long period of ETF or any institutional or any inflow into the market before we break this resistance

[JeffBrad12]

Daily inflow is a good sign but don't forget the fact that perpetual market for commodity in binance has surpassed crypto in trading volume.

The money is still pretty much in the commodities especially gold and silver and it will take a while before people are rotating their money to stocks and crypto again.
It might not be the end yet but at least bitcoin is getting better.

[Swordsoffreedom]

Daily inflow is a good sign but don't forget the fact that perpetual market for commodity in binance has surpassed crypto in trading volume.

The money is still pretty much in the commodities especially gold and silver and it will take a while before people are rotating their money to stocks and crypto again.
It might not be the end yet but at least bitcoin is getting better.

I even thought it would take a long time before there was a shift of money from safe assets to risky assets. Because the global political situation remains very tense and the economy is still very unstable. Large capital flows will continue to prioritize safety over profit seeking

Including today, we have had 3 consecutive days with positive ETF inflows. But in my opinion, that looks more like short term speculation than a signal that long term capital has actually returned to the market

We need more indicators to be sure that Bitcoin is gradually improving, instead of relying solely on ETF inflows.

[Aanuoluwatofunmi]

The market is performing not as we expected, but not also bad to that extent because it has been rising and falling at the same time, we have to be more crucial about the speculation we made and ensure that the indications are giving us the right bearing towards the market direction, but for this month, i think we are still hanging down below $70,000 and March could be a game changer or still behave the same way.

[ottogary]

Market really unpredictable after raising almost $70k today have bad news after Israel attacking Iran and make bitcoin drop to $63k however not longer time and Iran fighting back make bitcoin fast recovery to $65k. For awhile, if bitcoin recovering few percent should be moment to take profit we can has positive speculation for bitcoin keep stable and possibility increase higher price. Looks when bitcoin almost break out above $70k has bad news and bitcoin drop almost 10%, so if get moment bitcoin already break out and raise up until 5% its moment to sell and buy back at lower price few days later.