Analysis: Bitcoin reclaims $66,000, Strategy may make its 100th increase, and crypto concept stocks stabilize before the market opens

CycleProphet · 2026-02-23T11:01:18+00:00

Bitcoin rebounds amid macro uncertainty, retaking $66,000, with market sentiment indicating "extreme fear." The publicly traded company with the largest Bitcoin holdings, Strategy, may make its 100th increase in holdings, with a slight decline before the market opens. Market signals show demand for bottom-fishing at lower levels.

CycleProphet

2026-02-23 11:01:18

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Deep Tide TechFlow News, February 23 — According to CoinDesk, amid ongoing macroeconomic uncertainties disrupting the market, Bitcoin rebounded and retook the $66,000 level. Pre-market trading for cryptocurrencies and related concept stocks showed signs of stabilization. As the publicly traded company with the largest Bitcoin holdings globally, Strategy stock fell about 2% pre-market. Since launching its Bitcoin treasury strategy in 2020, the company is likely to experience its 100th Bitcoin accumulation. Regarding market sentiment indicators, the Crypto Fear and Greed Index dropped to 6, hitting a new low and remaining in the “Extreme Fear” zone for seven consecutive days. However, Bitcoin quickly recovered some of its losses, indicating a certain bottom-fishing demand at the low levels.

BTC-3.61%

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