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February 13, 2026

Test Test

As of 13 February 2026, Bitcoin (BTC/USD) is trading at approximately 69,249,reboundingfromearlierintradaylowsnear69,249, rebounding from earlier intraday lows near 65,000. Despite today's recovery, the market remains in a period of high volatility and "Extreme Fear," with sentiment hitting its lowest record since 2024. Key Market News & Drivers Capitulation Fears: Analysts at TradingView and Investing.com suggest the market has entered a major capitulation phase, with BTC currently down roughly 48-50% from its October 2025 peak of 126,272.MacroeconomicPressure:AmassiveU.S.governmentrevisiontolastyear’sjobsdata—removingnearly900,000"phantom"jobs—hasshakeninvestorconfidenceandincreaseduncertaintyregardingfutureFederalReserveratecuts.InstitutionalShift:StandardCharteredrecentlyslashedits2026Bitcointargetto126,272. Macroeconomic Pressure: A massive U.S. government revision to last year’s jobs data—removing nearly 900,000 "phantom" jobs—has shaken investor confidence and increased uncertainty regarding future Federal Reserve rate cuts. Institutional Shift: Standard Chartered recently slashed its 2026 Bitcoin target to 100,000 (down from 150,000),warningthatadeepercorrectionto150,000), warning that a deeper correction to 50,000 is possible before a sustained recovery begins.

About the Author

Rezame is a passionate competitive programmer focusing on advanced algorithms and data structure optimizations. Follow along for deep dives into the world of CP.