As of February 18, 2026, the Bitcoin (BTC) liquidation heatmap indicates a market characterized by consolidation and a slight upside bias in liquidity clusters. Bitcoin is currently trading near $68,000, having held a tight range between $65,100 and $72,000 since early February. 

Current Liquidation Heatmap Analysis

Recent data from CoinGlass and exchange-specific heatmaps reveal the following critical zones:

Upper Magnet Zone ($70,000 – $72,000): This is currently the densest cluster of resting liquidity. High-leverage short positions are heavily stacked in this range. A break above $70,000 could trigger a "short squeeze," potentially accelerating the price toward $72,600 or higher as these positions are forcibly closed.