It’s still unclear whether Bitcoin has bottomed out. But mixed sentiment has extended into the new week, driven by different market headlines. 

Here’s a recap of key updates shaping the market in the third week of February. 

Is Bitcoin eyeing ‘stabilization’ or more downside risk?

After renewed strength and a retest of $70K over the weekend, Bitcoin [BTC] has given some of those gains back.

It dropped to a low of $67.2K during the intraday trading session on the 16th of February and was barely holding $68K level at the time of writing. 

The brief reset has deflated the optimism around the previous market recovery, dragging the broader crypto sentiment back to “extreme fear”. 

According to Bitfinex analysts,…