BITCOIN AND ALTCOINS: HOW LOW WILL WE GO?! (Slow Bleed Continues)

Ivan on Tech
Ivan on TechFeb 17, 2026

Why It Matters

Widespread pessimism and a potential final capitulation could create a buying opportunity for disciplined investors, while continued weakness risks extending losses for holders and leveraged shorts. Market participants should watch for a clear technical or institutional catalyst signaling the end of the drawdown before reallocating to risk assets.

Summary

Bitcoin trades around $68,000 as the market endures a prolonged "slow bleed," with altcoins continuing to fall and weekly charts printing repeated red candles. The host says the decline was expected after February’s sell-off and argues the market needs another leg lower to "crush" remaining optimism before entering a defined buy zone. He highlights pervasive negative sentiment—public pundits questioning Bitcoin’s thesis and traders profiting from shorts—as a contrarian bullish indicator once capitulation completes. While predicting further near-term downside, he expects a multi-quarter return to bull market conditions once despair peaks.

Original Description

🔥 FREE TRAINING: https://www.bullmania.com
💰 EXCHANGES I USE (bybit, pionex): https://www.bullmania.com/partners
🎯 My track record: https://bullmania.com/ivan
📥 Daily Newsletter: https://bullmania.com/subscribe
🔥 JOIN TELEGRAM: https://t.me/+TbEkTiXzGELwxThy
📈 Charts I use: https://bullmania.com/charts

Comments

Want to join the conversation?

Loading comments...