Bitcoin held above $80,000 after stronger-than-expected US jobs data reduced hopes for near-term Fed rate cuts.
Bitcoin holds key support as BTC charts show a weekly FVG test and possible move toward the $84K CME gap.
Bitdeer, the Nasdaq-listed Bitcoin mining company, reported zero pure BTC holdings as of February 20, 2026, after selling 189.8 BTC in a single week and liquidating its entire remaining reserve of 943.1 BTC. The move marks a decisive, if temporary, exit from treasury Bitcoin for a company that has positioned itself as a vertically integrated mining operation.
Bitcoin's brief drop below $80,000 during the last 24 hours has exposed a more fragile market after weeks of gains, but options traders are not yet treating the pullback as the start of a deeper breakdown.
Bitcoin miners are accelerating their move into AI infrastructure as mining profitability remains under pressure after the 2024 halving. SpaceX intensified competition after leasing massive computing capacity from its Colossus facility to Anthropic, adding more than 220,000 Nvidia processors and 300 megawatts of power.
As Bitcoin (BTC) defends a pivotal support level, Tom Lee has called for the end of the crypto winter, setting massive year-end outlooks for the flagship crypto and Ethereum (ETH). Related Reading: DeFi Platform TrustedVolumes Hit By $6.7M Hack As 2026 Exploits Surge Tom Lee Shares $200,000 Bitcoin Target Tom Lee, the chairman of Ethereum's largest treasury firm, Bitmine Technology, shared bold end-of-year price predictions for the two largest cryptocurrencies by market capitalization.
Bitcoin shows a clear slowdown after several weeks of gains supported by institutional flows. American spot ETFs recorded $268 million of net outflows in one session, while liquidations accelerate in the derivatives markets.
The streak of capital flowing into U.S. Bitcoin exchange-traded funds came to an abrupt halt on May 7, with institutional investors pulling $277.5 million from spot products. This reversal ended a remarkable accumulation phase that had attracted more than $1.6 billion since the beginning of May.
Matthew Sigel, who leads digital assets research at VanEck, made headlines this week by projecting Bitcoin could surge to $1 million over the coming five-year period.
Big money's leaving Bitcoin. Fast. U.S. spot Bitcoin ETFs just bled $134 million over two days.
The heaviest resistance sitting above Bitcoin's current price isn't a round number or a chart pattern — it's the break-even point of millions of holders who bought in during the past year and are still underwater. Related Reading: Bitcoin Supply Shock: 100,000 BTC Vanish From Exchanges In Under 90 Days One Level Controls The Narrative A CryptoQuant market expert says the “bottom is in” crowd is getting ahead of the data.
On-chain data shows the Bitcoin network is observing the fastest exodus of holders in nearly two years, a potential sign that retail is taking profits. Bitcoin Total Amount Of Holders Has Declined Recently According to data from on-chain analytics firm Santiment, the Total Amount Of Holders has observed a notable drop for Bitcoin recently.