btc70k

On Jun 04, 2024, 14:18 PM (UTC). According to Binance Market Data, Bitcoin (BTC) has crossed the 70,000 USDT benchmark and is now trading at 70,025.851563 USDT, with 0.09% increase in 24 hours.

Bitcoin slipped below the $70,000 mark this week, giving up nearly all of the gains it posted after Donald Trump’s 2024 election victory, as a violent, broad-based sell-off swept through crypto and other risk assets.
After briefly touching levels near $60,000, Bitcoin has recovered modestly to around $69,000. Still, the rebound has done little to ease damage across the broader market, with the CoinDesk 20 (CD20) down more than 17% over the past week.
Altcoins Suffer Deeper Losses
Bitcoin’s roughly 16.5% weeklyseven-day decline pales in comparison with losses across major altcoins. Ether dropped 22.4%, BNB fell 23.4%, and Solana slid 25.2%, underscoring the severity of the rout.
Shares of crypto-linked companies also sank sharply, even as bitcoin briefly reclaimed $70,000 during Friday’s rebound.
‘Sell at Any Price’ Conditions
Market-maker Wintermute described Thursday’s plunge as the worst single-day drawdown in bitcoin since the collapse of FTX. According to Wintermute strategist Jasper De Maere, the move was driven by market-wide liquidations and what felt like “a sell at any price working order.”
Institutional desks reported only “small but manageable” liquidations, De Maere said , a mismatch that has fueled debate about where stress is building in the system.
The sell-off coincided with broader deleveraging across asset classes. The Nasdaq-100 ETF Invesco QQQ Trust fell about 500 basis points over three sessions, while silver and gold traded roughly 38% and 12% below their cycle highs, respectively.
Options Signal Stress, Ether at the Center
Volatility spiked sharply in crypto derivatives. Implied volatility surged into the 99th percentile, with skew shifting toward unusually expensive put options , a sign that traders were scrambling for downside protection.
Ether was “the epicenter of the pain,” De Maere said, as traders rushed to hedge against further declines. In bitcoin options markets, positioning suggested expectations for continued turbulence, with traders bracing for a wide trading range between roughly $55,000 and $75,000.
Negative Headlines Add to Pressure
Sentiment took another hit after one of crypto exchange announced plans to shut down operations in the U.K., European Union and Australia, while cutting about 25% of its workforce. Users in affected regions will be moved to withdrawal-only mode, with asset transfers handled via brokerage platform eToro.
Elsewhere, miner Bitfarms saw its shares rise after abandoning its “bitcoin company” label to focus on artificial-intelligence infrastructure , a pivot some investors viewed as a defensive shift.
Thinner Liquidity, ETF Outflows
Market structure has amplified price swings. According to Kaiko, bitcoin’s average 1% market depth , a measure of how much can be traded near the current price without moving the market , has fallen to around $5 million, down from more than $8 million in 2025. Lower depth tends to make moves sharper and more erratic.
At the same time, flows in spot bitcoin ETFs have turned decisively negative. Data from SoSoValue shows roughly $1.25 billion in net outflows over the past three days. Jim Bianco estimated that the average ETF cost basis sits near $90,000, leaving investors with roughly $15 billion in unrealized losses.
Bianco noted that bitcoin has increasingly traded in tandem with software stocks, which also slumped this week following new AI automation tools from Anthropic. Shares of Salesforce, ["company","Adobe","software company"] and ServiceNow each fell sharply over the week.
Is a Tradable Bottom Forming?
Despite the carnage, some technical analysts see signs of stabilization. Jonathan Krinsky said bitcoin and software stocks may have put in tactical lows, pointing to $60,000 as a key support level.
“To confirm a tradable low, bitcoin really needs to reclaim $73,000,” Krinsky said. “That was the key breakdown level.”
Bigger Picture
The Trump administration’s pro-crypto stance helped propel bitcoin to an all-time high above $125,000 last year before the current correction set in. This week’s sell-off shows how quickly sentiment can reverse when leverage, thin liquidity and negative headlines collide , leaving markets vulnerable to abrupt, disorderly moves even as long-term policy tailwinds remain intact.
$BTC #bitcoin #btc70k #Write2Earn

📊 Bitcoin (BTC) Latest Update – February 18, 2026
🚀 Current Price & Market Snapshot
According to the most recent live market data, Bitcoin is trading around $67,400 (~PKR 9,448,000 approx.), with a market cap of about $1.34 trillion USD. BTC has seen a slight dip in the last 24 hrs but remains the top crypto by market cap. �
CoinMarketCap +1
📉 Recent Price Movements
Here’s what’s been happening in the BTC market:
📉 BTC dipped below $71,000 recently, pressured by broader tech sell-offs. �
CoinDesk
📈 Bitcoin rebounded back near $70,000 after a significant downside wipeout, showing some bounce-back strength. �
CoinDesk
⚠️ Market sentiment remains cautious, and fear is still high among investors. �
CoinDesk
🧠 Some analysts are extremely bearish, suggesting BTC could fall much lower if macro stress worsens. �
CryptoPotato
📉 A major market capitulation event (heavy selling by short-term holders) was reported in the latest crypto news. �
blockchainreporter
📌 Why This Matters
Investors are watching macroeconomic signals, institutional flows, and trader sentiment closely:
🔹 Bearish forces like capitulation and fear could keep price down short-term. �
blockchainreporter
🔹 Recovery attempts near $70k show buyers still interested after recent turbulence. �
CoinDesk
🔹 Extreme reactions by analysts (both bullish & bearish) suggest high volatility ahead. �
#TradeCryptosOnX #OpenClawFounderJoinsOpenAI #btc70k
$BTC

The death cross and golden cross are two of the most prominent moving average crossover patterns in technical analysis, often using the classic 50-day simple moving average (SMA) crossing the 200-day SMA on daily charts (though variations like shorter MAs exist, as in your BTC chart).

Implications for Trading
• Golden Cross: Suggests increasing buying interest and potential for sustained rallies. Traders may enter long positions, add to holdings, or view it as confirmation of bullish sentiment. High volume on the crossover strengthens the signal.
• Death Cross: Suggests rising selling pressure and risk of further declines. Traders may exit longs, initiate shorts, or hedge. However, it can act as a contrarian signal near bottoms in volatile assets like Bitcoin.
• Reliability: Neither is infallible — both can produce false signals (whipsaws) in choppy or ranging markets. They perform better in trending environments and when combined with volume, on-chain metrics (for BTC), RSI, support/resistance, or macro factors.
• Bitcoin-Specific Nuances: In crypto’s high-volatility cycles, these crosses often lag major moves. Golden crosses have historically preceded strong bull runs (e.g., post-2019 and 2020 crosses leading to major highs), while death crosses have mixed results — sometimes deepening bears (2018, early 2022) but frequently marking local bottoms or false alarms (mid-2021, recent 2023–2025 instances where BTC rebounded after crosses).

Historical Bitcoin Examples
• Golden Cross Highlights (Bullish Outcomes):
• April 2019 (~$5,300): Followed bear market bottom; led to rally toward ~$13,000 (+145% short-term).
• May 2020 (~$9,500): Signaled start of massive bull run to $69,000 ATH.
• October 2023 (~$35,000): Preceded 2024 surge to new highs above $73,000+.
• February 2023: Aligned with recovery phase.
• Death Cross Highlights (Mixed Outcomes):
• March 2018: Confirmed bear market; BTC fell from ~$9,000 toward $3,000 lows (-60%+).
• January 2022: Deepened crypto winter; price dropped to ~$15,500–$17,000.
• June 2021: Mid-cycle correction; acted as false signal with strong rebound afterward.
• Recent (2023–2025): Multiple crosses (e.g., Sep 2023 ~$25k, Aug 2024 ~$49k, Apr 2025 <$75k) often coincided with local bottoms and subsequent rallies rather than prolonged crashes.
Overall Takeaway
The golden cross is the optimistic counterpart to the death cross — one heralds potential upside momentum, the other downside risk. In Bitcoin’s history, golden crosses tend to align more reliably with major bullish phases (especially cycle recoveries), while death crosses have a spotty record: powerful in full bear markets but often contrarian buy signals near exhaustion points. In your current chart (with bearish MA alignment resembling a death cross setup amid a -29%+ 30-day drop), it leans cautious, but BTC’s pattern of death crosses marking bottoms in recent cycles suggests watching for reversal evidence rather than assuming endless downside. Always confirm with multiple tools — these crosses alone don’t dictate the future!#MarketRebound #CPIWatch #BTC100kNext? #BTC走势分析 #btc70k

The cryptocurrency market is facing a significant test as prices for major digital assets pulled back sharply today. After failing to sustain momentum above the $70,000 threshold, Bitcoin slipped below the critical $69,000 support level, signaling a cautious shift in sentiment.
Market Performance at a Glance
The downturn extended across the broader ecosystem, resulting in a global crypto market capitalization drop to $2.35 trillion.
Ethereum (ETH): Struggled to maintain its footing, sliding below the $2,000 mark.
Altcoins: Major players like Solana (SOL), XRP, and Dogecoin (DOGE) all recorded notable losses as liquidity tightened.
Key Market Drivers
Analysts attribute this recent volatility to a "triple threat" of market pressures:
Regulatory Headwinds: Uncertainty surrounding the CLARITY Act continues to weigh on investor confidence as the industry awaits a more defined legal framework.
Macroeconomic Outlook: Hawkish expectations regarding Federal Reserve policy have tempered the appetite for risk-on assets.
Profit-Taking: Following recent rallies, aggressive selling at local peaks has accelerated the downward move toward key support levels.
Investor Outlook: Market participants are now closely monitoring historical support zones. The ability of Bitcoin to reclaim $69,000 may determine whether this is a brief correction or a longer-term trend shift.
#btc70k #ETH🔥🔥🔥🔥🔥🔥 #sol #BNB金鏟子

The latest report from Dow Jones Newswires highlights a critical juncture for the cryptocurrency market as we move through February 19, 2026. While volatility remains a signature trait, the leading assets are showing a sophisticated level of price consolidation.
📊 Market Snapshot:
* Bitcoin (BTC): Currently trading around ₹6,089,341 ($73,500 approx.), showing a steady +1.3% climb from the daily open. After a brief dip in the early hours, BTC has found strong support, signaling buyer exhaustion is not yet on the horizon.
* Altcoin Sentiment: Ethereum (ETH) and Ripple (XRP) are moving in lockstep with the broader market, maintaining key technical levels as institutional interest continues to provide a "floor" for price action.
🔍 Key Takeaways for Traders:
* Bullish Consolidation: BTC is successfully testing higher support zones. The ability to stay above the ₹6.03M mark during the morning session suggests a build-up of momentum for a potential end-of-week rally.
* Relative Strength: Despite minor intraday fluctuations, the "Relative Percent Change" remains positive for the majority of the session, indicating that the path of least resistance is currently upward.
* Institutional Quietude: The Dow Jones report reflects a market that is absorbing recent macro data without the "panic selling" seen in previous cycles.
💡 The Bottom Line:
We are seeing a "maturing" crypto market. The focus is shifting from pure speculation to strategic accumulation. Watch for a break above the daily high of ₹6,116,495—a successful candle close above this level could trigger the next leg up.
What’s your move? Are you accumulating on these steady gains, or waiting for a deeper retest? Let’s discuss in the comments. 👇
#CryptoNews #btc70k #Ethereum #Xrp🔥🔥 #Fintech2026