Bitcoin in ‘capitulation zone’ as traders debate when BTC price will bottom

CoinTelegraph

by Nancy Lubale

February 12, 2026

Bitcoin appears trapped within a capitulation zone where long-term holders continue to sell, and bearish onchain metrics tease further downside. Will $40,000 mark the final price bottom? Bitcoin (BTC) sellers resumed their activity on Thursday as the Bitcoin price turned away from its intraday high of $68,300. Analysts said that Bitcoin remained in capitulation, which could push the price lower, potentially reaching a bottom during the last quarter of 2026. Key takeaways: Multiple onchain indicators suggest Bitcoin is in deep capitulation as downside risks remain. Read more

Verticals

cryptoblockchain

Originally published on CoinTelegraph on 2/12/2026