Bitcoin appears trapped within a capitulation zone where long-term holders continue to sell, and bearish onchain metrics hint at further downside. Will a drop to $40,000 mark the final price bottom?
Bitcoin in ‘capitulation zone' as traders debate when BTC price will bottom
AI IMPORTANCE: 3/10
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AI INSIGHT
Feb. 12, 2026 — Bitcoin trades in a 'capitulation zone'; long-term holders remain net sellers; on-chain metrics register bearish signals; market participants debate whether a drop to $40,000 will mark the price bottom.
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