In response to Farside Traders, BlackRock’s IBIT Bitcoin (BTC) ETF noticed $297.4 million value of inflows on Feb. 25, 2026, marking essentially the most vital influx since Feb. 9, 2026. ETF inflows took a success over the previous couple of months as we entered bear territory. Many BlackRock IBIT buyers took losses as Bitcoin (BTC) confronted an enormous value correction. Nonetheless, the most recent ETF influx appears to have introduced some aid to BTC’s value.
Will Bitcoin Proceed To Rally Following BlackRock’s IBIT ETF’s Buy?
BlackRock’s current buy aligns with Bitcoin’s (BTC) upswing. In response to CoinGecko information, BTC’s value has rallied 4.4% within the final 24 hours, 2.1% within the final week, and 1.1% within the 14-day charts. Nonetheless, the unique crypto continues to be down by 22.3% within the final month and 23.4% since February 2025. Furthermore, Bitcoin’s (BTC) value has fallen by almost 46% from its all-time excessive of $126,080.
Bitcoin (BTC) examined the $70,000 value degree for the second time this month. The asset confronted rejection on each events. Whereas the current upswing introduced some aid to buyers, the crypto market continues to be removed from being out of the woods. The market continues to be fairly weak, and threat urge for food amongst buyers is considerably low. Traders proceed to take a risk-off strategy, preferring secure havens akin to gold and silver. Bitcoin (BTC) may endure one other value correction, given the bigger bearish market setting.
CoinCodex analysts, nonetheless, are fairly bullish on Bitcoin (BTC) over the approaching weeks. The platform anticipates the asset to proceed its rally, hitting $79,706 on March 8, 2026. Hitting $79,706 from present value ranges will translate to a rally of about 16.86%. Nonetheless, CoinCodex doesn’t anticipate BTC’s value to carry the $77,000 mark, predicting a correction quickly after.
