Bitcoin bears at risk of $600M liquidation, raising chance for rally to $70K

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Bitcoin bears at risk of $600M liquidation, raising chance for rally to $70K

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Bitcoin bears at risk of $600M liquidation, raising chance for rally to $70K

Fri Feb 20 2026

Blockchain

Capital

Cryptocurrency

Finance

cointelegraph.com

Despite bearish pressure and weak US economic data, Bitcoin's recovering hashrate and new onchain security protocols raise the chance for a surge to $70,000.