Bitcoin options market structure leans toward $60K retest in February

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The Bitcoin options market and spot ETF outflows suggest a potential retest of the yearly low, with traders deploying bearish strategies, potentially capping Bitcoin at $70,000.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Bitcoin may stay capped under $70,000 as traders deploy bearish options strategies, and spot BTC ETF outflows point to a retest of the yearly low.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on February 20, 2026.
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