Bitcoin (BTC) Daily Market Analysis 23 February 2026

Bitcoin consolidates amid extreme fear with conflicting signals – here's the latest: • Price consolidates near $67,600 (23 February 2026) with extreme fear sentiment at record lows • Key catalysts: miner capitulation signal and U.S. Supreme Court tariff ruling sparking modest rebound • Contradictory data: retail positioning remains bullish while institutional ETF flows turn negative • Critical technical levels: $67,500 support with $65,950 as key invalidation point for bullish thesis • On-chain metrics show accumulation, suggesting potential for a sentiment reversal