Bitcoin Holds $78K Amid Signs Of Economic Recovery: Analysts

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A surprise uptick in a key factory gauge has traders rethinking risk, while crypto watchers debate ...

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Ad Disclosure\n\nA surprise uptick in a key factory gauge has traders rethinking risk, while crypto watchers debate ...</p>\n\n<a href=\"https://bitcoinist.com/bitcoin-holds-78k-amid-signs-of-economic-recovery-analysts/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTC","symbol_name":"Grayscale Bitcoin Mini Trust","start_time":0,"source_url":"https://bitcoinist.com/bitcoin-holds-78k-amid-signs-of-economic-recovery-analysts/","article_id":"2608339753","we_media_id":null,"thumbnails":["https://bitcoinist.com/wp-content/uploads/2026/02/a_07ec1f.avif?resize=350,250"],"rights":{"source":"bitcoinist_highlight","url":"https://bitcoinist.com/bitcoin-holds-78k-amid-signs-of-economic-recovery-analysts/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2608339753","pubTimestamp":1770159608,"columns":[],"sourceInfo":{"source_id":"bitcoinist_highlight","name":"Bitcoinst"},"weMediaInfo":null,"summary":"A surprise uptick in a key factory gauge has traders rethinking risk, while crypto watchers debate whether Bitcoin will ride...","collect":0,"end_time":0,"defaultTopTitle":"bitcoinist.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTC":"Grayscale Bitcoin Mini Trust","BITX":"2倍比特币期货ETF-Volatility Shares","BITO":"比特币期货ETF-ProShares"},"translate_title":"分析师：比特币在经济复苏迹象中持有7.8万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITX":0.6,"BTC":0.6,"BITO":0.6},"content_text":"Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure\n\nA surprise uptick in a key factory gauge has traders rethinking risk, while crypto watchers debate whether Bitcoin will ride a fresh wave higher or stay stuck in a drawdown.\nThe ISM Manufacturing PMI rose into expansion territory in January, and that single data point has set off a flurry of takes from market strategists and crypto analysts alike.\n\n\n\n\n\n\nRelated Reading: Bitcoin Strategy Deepens As Metaplanet Approves $137M Raise Abroad\nISM Manufacturing Signals Shift\nAccording to the Institute for Supply Management, the PMI clocked in at 52.6 for January. That number crosses the line that separates contraction from growth.\nFor investors who watch signals closely, a move like that can mean money starts flowing back into assets seen as higher risk.\n\n“Past breakouts in 2013, 2016, and 2020 served as key catalysts for Bitcoin’s major bull runs,” Strive vice president of Bitcoin strategy, Joe Burnett, said.\n\nThe Fed will notice. A stronger manufacturing print changes the debate about inflation and rate policy. Traders price in the chance of tighter policy when growth looks solid.\n\n\n\n\n\n\n\n\n\n\n\n\nAt the same time, some economists point out manufacturing is only one piece of the puzzle. Services, employment, and consumer demand also matter. Reports note the index reading was the best since August 2022, which makes it notable on its own.\n\nOne of the longest ISM Manufacturing PMI contraction periods in U.S. history ended this morning with a breakout to 52.6, up 4.7 points from December.\nPast breakouts in 2013, 2016, and 2020 served as key catalysts for Bitcoin’s major bull runs.\nThis ends 26 consecutive months of…\n— Joe Burnett, MSBA (@IIICapital) February 2, 2026\n\n\n\n\n\n\n\n\n\n\n\n\n\nBitcoin Price Action And Market Mood\nBitcoin’s price has been choppy. After hitting a high above $125,000 late last year, it tumbled and then bounced into the $78,000 area. Reports say the drop followed a major liquidation event and a string of macro shocks that pushed investors toward safe assets.\nSome buyers are taking the dip as an entry point. Others remain on the sidelines. Correlations with stock tech names have been strong, which means Bitcoin has behaved more like a risk asset than a digital gold in recent months.\n\nSource: ISM\nA few traders argue rising PMI readings often precede “risk-on” periods, when speculative bets return. Still, this link is not ironclad. Bitcoin’s moves are shaped by liquidity flows, ETF money in and out, geopolitical flare-ups, and crypto-specific events. The market is being pushed from several directions at once.\nWhom To Trust On Forecasts\nInstitutional voices are splintered. Based on reports from various firms, estimates range from cautious to wildly optimistic. One firm projects a post-crash rally that could send prices well above current levels by year-end.\nBTCUSD now trading at $78,474. Chart: TradingView\nAnother research house warns of more retracement before any sustained upswing. A large institutional player declined to peg a number at all, calling the environment too chaotic to forecast with confidence.\nThat kind of range tells a clear story: uncertainty rules. Analysts who tie Bitcoin to macro cycles are gaining followers, while those who treat it as an independent asset argue for a different playbook.\nRelated Reading: USD1 Hits $5 Billion Market Cap As Trump Hails ‘Built In America’ Stablecoin\nWhy This Matters\nShort-term traders will watch economic prints and liquidity data closely. Longer-term holders will weigh Bitcoin’s role relative to gold and equities. Reports say market structure—who’s buying, who’s selling, and where ETFs are seeing flows—will likely matter as much as any single economic release.\nThe ISM rise may be the start of a healthier risk tone for global markets, but it will not on its own guarantee a steady climb for Bitcoin. Risk is back on the table, in a manner of speaking, and the path forward will depend on how policy makers, big investors, and retail traders react in the next several weeks.\nFeatured image from unsplash, chart from TradingView\n\n\n\nEditorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. 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