$BTC Bitcoin staged a notable recovery on February 25, 2026, climbing to the $69,000 price range amid a surge of institutional interest.
BlackRock's iShares Bitcoin Trust (IBIT) recorded $297.4 million in fresh inflows its largest single-day intake since February 9, 2026 signaling renewed confidence from institutional players after weeks of subdued activity.
The injection of capital came at a critical moment. Bitcoin had endured a prolonged downtrend, shedding roughly 46% from its all-time high of $126,080 and declining 22.3% over the past month alone.
The broader crypto market had shifted into bear territory, eroding investor sentiment and pushing many IBIT holders into unrealized losses. However, BlackRock's latest move appears to have reignited at least short-term bullish momentum.
According to data, Bitcoin posted a 4.4% gain in the 24 hours following the inflow, though its weekly and 14-day performances remain modest at 2.1% and 1.1%, respectively.
The asset briefly tested the $70,000 resistance level for the second time this month only to face rejection once again, underscoring the strength of overhead selling pressure at that threshold.
Market conditions remain fragile. Risk appetite across financial markets is notably subdued, with investors continuing to rotate toward traditional safe-haven assets such as gold and silver. 
The macroeconomic backdrop has done little to inspire aggressive positioning in speculative assets, and Bitcoin is not immune to that sentiment.
Despite the caution, analytical platform maintains a bullish short-term outlook. The firm projects Bitcoin could advance to approximately $79,706 by March 8, 2026 representing an upside of nearly 17% from current levels.
That said, also anticipates the rally may struggle to sustain levels above $77,000, with a corrective pullback likely to follow any sharp advance.
The critical question for investors is whether institutional demand, led by vehicles like BlackRock's IBIT, can provide sufficient buying pressure to absorb persistent selling and establish a credible floor. If inflows continue at this pace, Bitcoin may have the foundation to challenge key resistance levels more convincingly.
For now, the market remains in a delicate balance between recovering institutional appetite and a broader risk-off environment that continues to cap upside potential.