As of February 13, 2026, Bitcoin ($BTC ) is trading around $66,000–$67,000 USD, showing some stabilization after a volatile start to the month. It recently bounced from lows near $60,000–$65,000 but failed to hold above $70,000, leading to a fade in the recovery.
This pullback comes after Bitcoin hit an all-time high of approximately $126,000 in late 2025. The current price reflects a significant correction of over 45–50% from that peak, driven by factors like deleveraging in futures markets, reduced trading volumes, broader risk-off sentiment in equities and crypto, and fading retail participation.
Analysts are mixed:
Bearish views (e.g., from Canary Capital) warn of a potential "bear leg" in the four-year cycle, with possible drops to $50,000 or lower by summer 2026 before any recovery.
More optimistic takes (e.g., JPMorgan) highlight completed deleveraging, improving risk-adjusted metrics (like Bitcoin-to-gold volatility), and strong institutional accumulation (e.g., MicroStrategy holding over 714,000 BTC). They see longer-term upside to $170,000+ despite near-term pressure.
Overall, sentiment remains cautious with "extreme fear" levels in some indicators, but fundamentals like ETF resilience and potential U.S. strategic reserve developments provide underlying support. Bitcoin is in a choppy $60K–$70K consolidation phase, with key support around $60,000–$65,000 and resistance near $71,000.#BTC #TrumpCanadaTariffsOverturned
