Introduction
As of February 13, 2026, the crypto market is stabilizing after a week of “extreme fear.” Following a massive liquidation event that saw Bitcoin ($BTC$) briefly touch the $60,000 floor, the asset has staged a sharp recovery, currently trading back near $68,000. For traders on https://www.google.com/search?q=carapkmultiplayer.com, the question is whether this is a “dead cat bounce” or the start of a late-Q1 reversal.
Institutional Absorption and ETF Flows
Despite the price drop, institutional appetite remains surprisingly high. On February 12 alone, Bitcoin ETFs recorded over $350 million in net inflows, signaling that “smart money” is actively buying the dip. Conversely, Ethereum ($ETH$) is showing relative weakness, seeing over $20 million in net outflows as it struggles to maintain the $2,000 level.
The Software-mageddon Correlation
Traders should be aware of a growing correlation between crypto and software stocks. This week’s sell-off in major tech companies triggered a “Software-mageddon” sentiment that spilled into digital assets. If the NASDAQ remains under pressure, expect $BTC$ to face heavy resistance at the $70,000 psychological barrier. Watch for the $65,000 support to hold to confirm a bullish trend for the rest of February.