Bitcoin Fails to Hold Above $69,000 Despite $84K CME Gap Target

Saturday, Feb 7, 2026 8:07 am ET1min read
BTC--

Bitcoin failed to sustain prices above $69,000, falling below the November 2021 all-time high. The cryptocurrency's rebound from $60,000 lows has left traders divided on whether it represents genuine recovery or temporary relief. CME futures market created a gap between $77,400 and $84,445, but Bitcoin has traded roughly $15,000 below the gap's upper bound. The gap's upper bound represents a 46% decline from October 2025's $126,000 peak.

Bitcoin Fails to Hold Above $69,000 Despite $84K CME Gap Target

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