Bitcoin Weekend Analysis: Breaking the $62k Resistance
Dillip Chowdary
Founder & AI Researcher
February 15, 2026 — After a volatile week that saw liquidations across the board, Bitcoin (BTC) has staged a significant weekend recovery, reclaiming the critical $62,000 level. The asset is currently trading at $62,450, up 3.2% in the last 24 hours.
Institutional Buying Returns
On-chain data suggests that the midweek dip was aggressively bought by institutional custodians. Spot ETF inflows turned positive on Friday, Feb 14, with BlackRock's IBIT registering $145M in net inflows, signaling renewed confidence in the digital asset.
Ethereum & Altcoins
Ethereum (ETH) is mirroring Bitcoin's move, holding firm above $3,400. The market is eyeing the upcoming 'Pectra' upgrade, which is expected to lower Layer 2 transaction costs even further, driving renewed interest in the DeFi ecosystem.
Technical Outlook
Resistance: The immediate hurdle is $63,800. A daily close above this level could open the door for a retest of $65k.
Support: $60,500 remains the key floor. Losing this would invalidate the bullish weekend setup.
Market Watch: Tracking crypto portfolios can be tax-intensive. While we aren't advisors, keeping detailed logs of your trades is crucial for the FY2026 filing season.
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