BITCOIN OUTLOOK DEPENDS ON SENTIMENT Bitcoin’s recent decline reflects weak market sentiment and macro pressures, even as easing U.S. regulatory concerns reduce policy risk, according to UniCredit strategist Thomas Strobel. The bank remains neutral, estimating bitcoin’s fair value at around $75,000. A drop of about 35% from that level—especially if prices stay below $50,000—could signal a deeper structural shift. Recovery would likely require stronger sentiment, increased ETF inflows, and improving liquidity. Bitcoin is currently up 1.3% at $67,807 after hitting a 16-month low of $60,008 on Feb. 6, per LSEG data.(*Walter Bloomberg)