Bitcoin Bounces Hard — But the Bear Hasn’t Left the Building – 2026 03 09

We woke up to a dramatically different session today. BTC/USDT opened the day at $65,943 — a level that has now been confirmed as a significant intraday support — and ripped +2.55% to close today's candle around $67,625, with an intraday high of $68,431. That's the kind of bounce that gets traders excited, and rightfully so. The pain of recent weeks has been intense, and any relief feels meaningful. But let's be clear-eyed about what the data is actually telling us.






