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#What’sNextforBitcoin? 🚀 #What’sNextforBitcoin? (Feb 15 Update)
Bitcoin has successfully reclaimed the $70,000 level today, surging as high as $70,434! The market is finally breathing a sigh of relief after a "brutal" stretch of liquidations.
📊 The Current Setup:
Price Check: BTC is trading around $70,200, up 2% in the last 24 hours.
The "CPI" Fuel: The latest US inflation data (2.4% vs 2.5% expected) acted as a rocket fuel, reviving hopes for a Federal Reserve rate cut as early as April.
Sentiment Shift: We have moved away from the "Extreme Fear" lows of 5/100 seen earlier this month. Investors are now "bargain hunting" as the bottom seems to be in.
🎯 Key Targets to Watch:
Immediate Resistance: $72,500. Breaking this confirms the end of the February correction.
The "Moon" Target: Analysts at Bernstein are maintaining a bold $150,000 target for later in 2026.
Must-Hold Support: $68,400. As long as we stay above this, the bulls remain in total control.