Bitcoin (BTC) Price Prediction: Bitcoin Forms Bullish MACD Divergence at $68K While IBIT Flashes Bearish Breakdown
A technical tug-of-war is gripping the crypto market as the BTC price steadies near $68,000 with fading downside momentum, even as the largest spot Bitcoin ETF continues to signal structural weakness.
The divergence between price action in Bitcoin and flows into exchange-traded products is drawing close attention from both institutional and retail investors.
As of February 21, 2026, the Bitcoin price today hovers around $68,000 after a sharp retracement from its recent peak near $150,000. The broader context matters: this decline represents roughly a 40% pullback from the Bitcoin all-time high, a move that has reshaped short-term sentiment across the market.