As of February 15, 2026, $BTC is staging a highbstakes recovery. After a turbulent start to the month that saw prices plummet to $60,000, the "King of Crypto" has reclaimed the psychological $70,000 mark, signaling a potential shift from extreme fear to cautious optimism.
📊 Market Analysis: The BTC Valentine's Rebound"
$BTC is currently trading around $70,215, buoyed by cooler than expected U.S. inflation data (2.4% YoY) which has reignited hopes for an April rate cut.
The Tug ofnWar: Despite a 45% drawdown from its October 2025 peak of $126,210, longnterm "OG Whales" are not selling. On chain data (Coin Days Destroyed) shows no major exodus, suggesting the recent crash was a deleveraging event rather than a fundamental collapse.
Institutional Shift: Spot ETF demand slowed recently with $360M in weekly outflows, but the rebound to $70k is being led by a "short squeeze" as traders who bet on sub $60k prices are forced to cover their positions.
Sentiment: The Fear & Greed Index hit a chilling low of 8 (Extreme Fear) last week. Historically, such low levels have marked generational buying opportunities before a massive "pain trade" to the upside.