What is Next Target for Bitcoin?

Bitcoin (BTC) is currently trading around **$67,800–$68,000** USD as of February 21, 2026, showing a modest **+0.8% to +1%** gain in the last 24 hours. The 24-hour range has fluctuated between approximately **$66,450** (low) and **$68,270** (high), with trading volume exceeding **$47–53 billion**, indicating sustained market interest despite recent volatility.

After reaching an all-time high of about **$126,000** in October 2025, BTC has corrected significantly, now sitting roughly **46%** below that peak. This pullback reflects post-bull market consolidation, influenced by macroeconomic factors, profit-taking, and broader crypto sentiment.

Short-term technicals suggest stabilization, with BTC bouncing from lower supports near $66,000 and attempting to reclaim higher levels toward $68,000–$70,000. However, momentum remains cautious amid ongoing macro uncertainties. The market cap hovers near **$1.36 trillion**, reinforcing BTC's dominance.

Overall, while upside potential exists on renewed buying pressure, downside risks persist if broader risk-off sentiment returns. Traders should monitor key supports at $66,000 and resistance near $70,000 for directional clues.

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