$BTC UPDATE â February 2026 đš
đ Bitcoin hit an All-Time High of $126K in October 2025...
And now? Trading around $68K
Why did it drop? 3 Main Reasons:
đž Mass liquidation of leverage positions ($2.5B+ in BTC futures alone)
đž Fed rate cut delays â macro pressure increased
đž Bitcoin ETF outflows began
Key Levels to Watch:
â Support: $65,000
đ§ Resistance: $73,300
What are experts saying?
đ VanEck: "This is panic selling, not a structural failure"
đ K33 Research: "$60K was likely the local bottom"
đ Canary Capital CEO: "$50K possible by summer â but cycle remains intact"
Bottom Line:
BTC is currently in a historically oversold zone â sitting -2.88Ï below the 200-day EMA, a level rarely seen in the last 10 years!
⥠Is this a DCA opportunity or time to stay on the sidelines?
The choice is yours!
