UniCredit: BTC recovery requires market sentiment and ETF inflows to support; falling below $50,000 may face structural changes

CycleProphet · 2026-02-20T14:16:30+00:00

A strategist at Intesa Sanpaolo Bank in Italy stated that Bitcoin's recent decline reflects market weakness and macroeconomic pressures. The current fair value is approximately $75,000. If it falls below $50,000, a structural shift may occur. Recovery depends on market sentiment and liquidity improvement.

CycleProphet

2026-02-20 14:16:30

Abstract generation in progress

Deep Tide TechFlow News: On February 20th, UniCredit strategist Thomas Strobel from Italy’s UniCredit Bank stated that recent declines in Bitcoin mainly reflect weak market sentiment and macroeconomic pressures. Although easing regulatory uncertainty in the United States has somewhat reduced policy risks, the bank maintains a neutral stance, estimating Bitcoin’s fair value at approximately $75,000. A decline of about 35% from this level, especially staying below $50,000, could indicate a deeper structural shift. For Bitcoin prices to recover, they will need improved market sentiment, a rebound in ETF capital inflows, and an overall better liquidity environment.

BTC0,63%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes