Why is Bitcoin USD down 1.75% today?

Bitcoin USD declined due to extended selling pressure over three consecutive days as spot trading volumes thinned and the Crypto Fear and Greed Index remained in extreme fear territory. Leverage-driven moves and price discovery dynamics contributed to the weakness, though institutional ETF inflows continued absorbing selling pressure.

What is the Bitcoin USD price forecast for 2026?

Bitcoin USD targets **$71,408.39** monthly, **$122,447.91** quarterly, and **$97,708.81** yearly. These forecasts assume stabilization above key support levels and potential macroeconomic tailwinds from lower interest rates. Actual results may vary based on market conditions and regulatory developments.

Is Bitcoin USD oversold based on technical indicators?

No. Bitcoin USD's RSI at **48.91** indicates neutral momentum, not oversold conditions. However, the **ADX at 25.89** confirms a strong downtrend is in place. The cryptocurrency trades below its 200-week moving average, a critical support level that must be reclaimed to prevent further downside.

Why are institutional investors buying Bitcoin USD at lower prices?

Major figures like Tom Lee and Michael Saylor view current prices as long-term accumulation opportunities. Spot Bitcoin ETFs show steady **$166.5 million** daily inflows despite price weakness, suggesting institutional confidence in Bitcoin USD's value proposition and potential recovery as macroeconomic conditions shift.

What support levels matter for Bitcoin USD?

Critical support sits at the 200-week moving average, with the lower Bollinger Band at **$84,208.69** and 50-day moving average at **$86,567.22** providing additional support. The yearly low of **$60,001** represents maximum downside if key levels break decisively.

Crypto Insights

Bitcoin USD Holds $70,101 as Industry Buyers Step In During -1.75% Daily Decline

ByDanny Kontos February 12, 2026February 12, 2026

Bitcoin USD is trading at $70,101.99 as of February 11, 2026, down 1.75% over the past 24 hours. The cryptocurrency has extended declines for a third consecutive day after failing to hold above the $70,000 level during weekend recovery attempts. Despite weak spot trading volumes and extreme fear sentiment in the market, institutional inflows to spot Bitcoin ETFs have remained steady over the past three days. Major industry figures are viewing the pullback as a buying opportunity rather than a sign of weakness. Market data shows the broader crypto market capitalization has slipped to approximately $2.28 trillion, with the CoinDesk 20 index losing 3.4% in 24 hours.