The timeline is really bad again. Bitcoin went up to sixty thousand dollars week then it went back down and for some reason people got even more scared when it started going back up. That says a lot about how people're feeling about Bitcoin right now. Bitcoin is still a topic and people are worried, about Bitcoin.
Bitcoin fell below sixty seven thousand dollars on Wednesday, February 11. The feeling on media about Bitcoin is really sad. It is like a funeral. This is happening even though Bitcoin is worth seven thousand dollars more than it was at its lowest point. A company called Santiment has some numbers that show this is true. They found that people are writing a lot negative posts about Bitcoin than positive ones. This is still happening even though Bitcoin is worth, than sixty thousand dollars now. Bitcoin is still getting a lot of comments.
The thing that should really get contrarians excited is this. When regular people are too scared to buy big investors like whales tend to do well. Santiment noticed that big investors are buying a lot with not trouble while smaller traders are just sitting there too afraid to do anything because they think something bad is going to happen. If we look at what has happened we can see that when people get really scared, like this it usually marks the lowest point, not the highest point. There are no guarantees of course. The pattern is similar enough that we should pay attention to it. Big investors are still. That is what whales do when retail is too paralyzed to buy.
The thing that happened with the liquidation cascade was that it was something that nobody really needed to occur. The liquidation cascade was a problem. Nobody wanted the liquidation cascade to take place. The liquidation cascade was not a thing, for anyone.
The liquidation cascade caused a lot of trouble. It was not something that people were looking forward to. The liquidation cascade was an issue that nobody needed.
The price of Bitcoin is not stable now and it is making it hard for people to sleep. Ash Crypto said that when the price of Bitcoin went below $67,000 it caused people to lose, around $127 million in four hours. This is because people had to sell their Bitcoin. When people have to sell their Bitcoin it makes the price go down even more. Then more people have to sell their Bitcoin. That makes the price go down even further. This is a problem that is happening because people bought too much Bitcoin with money they did not have. The price of Bitcoin is going down because of this not because of anything to do with the value of Bitcoin. The price of Bitcoin is going down because people are overleveraged in Bitcoin.
So I just checked CoinGecko and the price of Bitcoin is around $66,700. Bitcoin has gone down by 3 percent in the last 24 hours and almost 13 percent this week. If we look at the 30 days Bitcoin has actually gone down by more than 27 percent. The highest price of Bitcoin, which was in October 2025 is now 47 percent higher, than what it's now. This is a reminder of how fast the price of Bitcoin can change.
The price of Bitcoin is going up and down a lot. It went from $66,600 to $69,900 and again. This shows that the Bitcoin market is very unsure about what to do. If we look at the week the price of Bitcoin went from $62,800 to $76,500. This is a big swing and it means the Bitcoin market is really unstable. The Bitcoin market is over the place and it is hard to say what will happen next, with the Bitcoin price.
The volatility is really loud. It is not affecting everything the same way. Volatility is making a noise and that is pretty clear but the volatility is not having an equal impact, on all things.
The numbers behind all the chaos really deserve our attention. Data from Binance that was looked at by analysts at Arab Chain shows that Bitcoins volatility over the seven days is really high about 1.51, which is a level we have not seen since 2022.
If we look at the numbers for 30 days and 90 days which are 0.81 and 0.56 then we see something different. The problems we are seeing now have not affected the longer time periods yet which means this could just be a shakeup with Bitcoin rather than the start of a long and difficult time, for Bitcoin.
There is one thing that traders should really pay attention to: the true range as a percentage is very low at 0.075.
When the average true range as a percentage gets this low it is like a spring that is all wound up.
The average true range as a percentage being this low usually means that a big move is coming.
The thing is, nobody knows which way the average true range, as a percentage will move when it does.
People are talking more about the bear market. The bear market is really starting to get a lot of attention. The bear market is something that people're worried about. They think the bear market might be coming. The bear market is a concern, for many people who have money invested.
Bitcoin has now closed three weeks in a row below its one hundred week moving average. That is not a small thing. Times when Bitcoin was doing badly we saw this happen too. That is why Ki Young Ju, the founder of CryptoQuant said something straightforward on February 9: "Bitcoin is not something you can make go up in value right now." His main point is that people keep selling Bitcoin, which stops it from going up in value even when people try to buy it. The selling of Bitcoin keeps getting in the way of any momentum, from people buying Bitcoin. Bitcoin is still having a time because of this.
Doctor Profit says he thinks the price will stay in a range between $57,000 and $87,000. He warns that when the price moves sideways for a time it usually goes down instead of up. This is not what people want to hear. It is something we should think about. Doctor Profit is telling us that we need to be careful and not get our hopes up too high. The price of something moving sideways for a time can be very frustrating and Doctor Profit says it often ends with the price going down not up. We should listen to what Doctor Profit's saying about the price and the range it is in, between $57,000 and $87,000.
The situation with crypto is not getting better. XWIN Research Japan says that people in the United States are not buying much stuff as they used to and their wages are not going up as fast. This is news for things like crypto that are risky.
They also noticed that something called the Coinbase Premium Gap has been negative for a time since late 2025. This means that people in the United States who buy crypto directly are not really doing that anymore it is the people who trade in derivatives who are making things happen.
The crypto market has some problems that will not be fixed quickly. The problems with crypto are not going away overnight. Crypto is still, in a spot.
The case for something different this time
Some people do not care about the price charts and all the bad things that can happen. WeFis Maksym Sakharov has a view of things that is worth thinking about when there is so much going on in the short term.
Bitcoin sentiment is going to get even stronger even though the prices are falling.. This time it is not just going to be about the price of Bitcoin or people speculating about Bitcoin. This time it is also going to be, about people using Bitcoin said Sakharov.
The decision to move forward is an one when everything around the Bitcoin is falling apart but the stories of people using Bitcoin actually matter the most when all the hype has died down. If the companies that work with Bitcoin and the real people who use Bitcoin keep building and using it even when things are tough the Bitcoin recovery. Whenever it happens. Could be very different from what happened in the past, with the Bitcoin.
So this is where things stand now. Things are at this point. The situation is like this, with these things. Things stand in this way.
Bitcoin is stuck between a price of around sixty thousand dollars that people think is a level and a lot of fear that will not go away. This fear is stopping people from feeling okay about Bitcoin. Some numbers that measure how much Bitcoin prices are moving up and down say that something big is going to happen. What people are saying on media is that regular investors are very scared. At the time big investors, known as whales are quietly buying more Bitcoin. There are some problems, with the economy that could affect Bitcoin but people already know about these problems and have taken them into account when deciding what Bitcoin is worth. Bitcoin prices are affected by these problems. People are already expecting them so it is not clear how much they will really matter.
The honest answer is that nobody knows what happens next. But the setup maximum pessimism, compressed volatility, accumulation by large holders has historically been more favorable than the crowd believes. Whether that pattern holds this time is the multi-billion-dollar question sitting on every trader's screen right now.
