NewsBTC •
February 18, 2026 at 07:00 •
Analysis
Bitcoin continues to struggle to reclaim the $70,000 level, with persistent selling pressure keeping the market in a defensive posture. Price action has repeatedly failed to establish sustained momentum above this psychological threshold, reflecting cautious sentiment among both institutional and retail participants. While volatility has moderated compared with the sharp declines seen earlier in the cycle, the broader structure still suggests a market searching for direction rather than entering a clear recovery phase. Related Reading: Ethereum Whale Losses Mirror Past Bottoms: Accumulation Continues Despite Pressure Recent on-chain data from a CryptoQuant analyst offers additional context by examining whale positioning. Wallets holding between 1,000 and 10,000 BTC c...
