Bitcoin Whale Profit-Taking Sees 7th Surge Since 2024 — What To Expect
As it stands, the premier cryptocurrency maintains its broader bearish structure, with its price struggling to overcome the $68,000 resistance over the past few days.
CryptoQuant said the exchange whale ratio has risen to 0.64, the highest level since 2015, suggesting whales are leading selling activity.
Bitcoin has been range-bound this weekend, hovering between $67,563 and $68,636 over the last day on Saturday, Feb. 21, 2026, and derivatives traders have been anything but quiet. Futures and options data show billions in open interest stacked across major exchanges, with calls maintaining a firm edge over puts.
February 21, 2026, 9:30 pmBitcoin hashing power pushed the difficulty up about 15% to a little past 144 trillion on Friday, based on data from CoinWarz. That move reversed an earlier drop of 10% that followed widespread outages in parts of the US.
February 21, 2026, 9:00 pmAs it stands, the premier cryptocurrency maintains its broader bearish structure, with its price struggling to overcome the $68,000 resistance over the past few days.
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Bitcoin remains range-bound as liquidity clears on both sides, keeping price action indecisive. After months of weakness, demand has finally turned positive, hinting that selling is easing and structural accumulation may be returning.
The current levels offer an attractive entry for long-term investors, even if their patience will be tested, Vetle Lunde said.
Tony Severino, a Chartered Market Technician and Bitcoin trader, was among the rare few analysts who accurately pinpointed the peak in Bitcoin both in terms of timing and at what price. In a recent X Space, Severino shared his official target for the bear market bottom in BTCUSD.