BTC Reclaims $68,800! 🚀 Is the Institutional "Buy the Dip" Wave Starting?
The week of "Extreme Fear" is evolving into a phase of disciplined accumulation. Today, February 17, 2026, Bitcoin (BTC) has successfully stabilized above $68,000, bouncing back from a brief dip below $67,400 during yesterday's session. While the road to $80k remains challenging, the bulls are currently holding the line.
Why Today’s Price Action Matters:
🐳 Accumulation Surge: Despite the bearish sentiment, "Accumulation Addresses" have significantly increased their holdings today. Institutional conviction remains high, with large bids stacked just 2.5% below current levels, creating a strong "Buy Wall" near $67,000.
📈 Order Book Strength: Data reveals a strong bid-to-ask support ratio, with nearly $596 million in buy orders compared to only $297 million in sell orders near current prices. This suggests that the demand is quietly absorbing the supply.
🎯 Resistance Watch: The immediate goal for BTC is a daily close above $70,000. Analysts suggest that reclaiming this psychological level could spark a short squeeze, potentially accelerating a move toward the $80,000 - $84,000 target.
What is your BTC strategy this Tuesday?
🛒 Buying the $68k support—I trust the institutional whales.
🧘 Holding steady and waiting for a $70k breakout.
🚫 Staying cautious until the "higher for longer" macro news clears.
👇 Do you think Bitcoin will hit $80k by the end of February? Let's talk numbers below! 💬
⚠️ Disclaimer: This is not financial advice. Crypto markets are volatile. Always DYOR (Do Your Own Research) before investing. 🚀
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