btctrading

February 16, 2026 — Bitcoin recovered to $68,605 on Monday morning LatestLY, marking a period of renewed market activity following one of the most volatile months in recent cryptocurrency history. After reaching an all-time high of approximately $126,198 in October 2025 CryptoTicker, the flagship digital asset has undergone a significant correction that has left traders questioning whether the traditional four-year crypto cycle remains intact.

Market Overview: Finding Stability After Turbulence

The recent price movement indicates recovery from lower volatility levels observed during the first week of February LatestLY, when Bitcoin briefly tested support near $61,000. Current trading volume remains steady at $38 to $40 billion, showing that traders are active but careful FX Leaders.

The cryptocurrency has now declined more than 45% from its October peak, prompting intense debate among analysts about whether this represents a typical cyclical correction or signals deeper structural changes in the market. Galaxy founder and CEO Mike Novogratz stated that this decline represents a larger industry shift rather than a single triggering event CNBC, calling it the beginning of crypto's transition beyond pure speculation.

What to Expect for the Rest of February
Market participants are positioning for continued consolidation rather than dramatic directional moves. The consensus view suggests:

Short-term range: $64,000-$75,000
Key catalyst: CPI data and Federal Reserve commentary on interest rates
Sentiment indicator: The Fear and Greed Index remains in "Extreme Fear" territory
Institutional activity: Continued selective accumulation by sophisticated investors

For Bitcoin to regain its bullish momentum, it must first stabilize above the $68,000 mark and reclaim its 200-day Exponential Moving Average CryptoTicker. While a return to all-time highs seems unlikely in the near term, the current deleveraging process may prove healthy for long-term market sustainability.
Looking .#BTCTrading