Updated: February 12, 2026
Bitcoin breached key $67,000 support during Asian trading hours on February 12, 2026, printing a low of $66,664 before recovering marginally to the $67,100–$67,400 zone. The move marks a -2.8% daily drop from the previous close and continues the consolidation pattern below the $70,000–$72,000 resistance band that has capped price since early January.
Meanwhile, global equities continued their risk-on rally: Nasdaq futures hit fresh all-time highs, MSCI Asia ex-Japan closed +1.5% at a new record, and S&P 500 futures traded near session highs. This growing decoupling — crypto weakness versus equity strength — has intensified trader confusion and triggered $180 million in long liquidations over 24 hours (Coinglass data), the largest single-day figure since the $60K capitulation zone was tested in late January.
This article breaks down the drivers behind the $67K breakdown, quantifies the equity-crypto divergence, examines ETF flows and leverage dynamics, maps the next technical support levels ($64K / $60K), and outlines realistic scenarios for the rest of February 2026 — including how Tapbit traders can position around the move using zero-fee spot, perpetuals and Earn yields.
1. What Triggered the $67K Breakdown?
Several overlapping catalysts converged on February 11–12:
- ETF outflows resumed — U.S. spot Bitcoin ETFs recorded ~$145–180M net outflows on Feb 11–12 after a brief pause, bringing cumulative outflows since November 2025 to **~$5.7 billion** (Farside Investors / SoSoValue data)
- Leverage flush — $180 million in long positions liquidated in 24 hours (Coinglass), predominantly on Binance, Bybit and OKX — concentrated in the $67,000–$68,000 zone where thin order books amplified downside momentum
- Macro rotation pressure — Stronger-than-expected U.S. jobs data (released Feb 7) pushed 10-year Treasury yields back above 4.3%, strengthening the dollar and pressuring risk assets. Crypto — with higher beta — amplified the move
- Technical breakdown — Loss of $67,300 (prior swing low + short-term volume profile POC) triggered algorithmic stop cascades and short-term momentum selling
Importantly, **global spot BTC price** remained relatively contained compared to the localized Bithumb-style dislocations seen in earlier incidents — underscoring that this is still a leverage-driven correction rather than a structural failure.
2. The Great Decoupling: Crypto Weakness vs Equity Strength
Bitcoin’s correlation with Nasdaq and S&P 500 has broken down markedly in 2026:
- 90-day rolling correlation (BTC vs Nasdaq): dropped from +0.72 (Dec 2025) to +0.38 (Feb 12, 2026)
- MSCI Asia ex-Japan: +1.5% to new ATH while BTC -2.8%
- U.S. 10-year real yields: back above 2.1% → hurting high-duration risk assets (crypto > equities)
Why the divergence?
- Equities benefit from “soft landing” narrative + AI/tech earnings momentum
- Crypto remains sensitive to leverage cycles, ETF flows, and dollar strength
- TradFi investors rotating out of “expensive” crypto into “cheaper” equity growth after BTC’s 45% drawdown from $126K peak
This decoupling is historically bullish for crypto in the medium term: when risk assets diverge, crypto often leads the eventual re-risking move once leverage is flushed and macro fears peak.
3. Technical Levels After the $67K Breach
Current BTC Price: ~$67,100–$67,400
- Next major support: $64,000–$65,000 (50-day EMA cluster + prior range high from Jan)
- Deeper support: $60,000–$62,000 (capitulation zone that held in late Jan / early Feb)
- Strong long-term support: $58,000–$60,000 (200-week moving average)
- Immediate resistance: $68,000–$68,500 (prior breakdown level), $70,000–$72,000 (psychological + prior rejection)
- RSI (daily): ~35–38 → deeply oversold but showing early bullish divergence on 4H
A sustained break below $64,000 would likely target the $60K zone again; a quick reclaim of $68,500 would neutralize downside momentum and open the door to $72K resistance.
4. Tapbit Trading Strategies – February 2026
- Sign Up on Tapbit (0% maker fees)
- Deposit USDT or JPY via P2P / bank transfer
- Dip accumulation: Dollar-cost-average BTC/USDT spot on pullbacks to $64,000–$65,000 zone
- Reversal confirmation: Long BTC/USDT perpetuals on reclaim of $68,500–$69,000 (20–50x leverage, isolated margin)
- Risk-off hedge: Long XAU/USDT perpetuals or park in USDT Earn during continued equity-crypto divergence
- Risk control: Max 1–2% account risk per trade; trailing stops below recent swing lows; avoid over-leveraging in thin weekend liquidity
FAQs – Bitcoin $67K Breakdown & Decoupling (Feb 12, 2026)
Why is Bitcoin falling while stocks are hitting new highs?
Crypto remains far more sensitive to leverage cycles, ETF flows, dollar strength, and risk-off rotation. Equities benefit from AI/tech earnings momentum and “soft landing” hopes; BTC is still digesting the 45% drawdown from $126K peak.
Is $64,000 the next major support level?
Yes — confluence of 50-day EMA, prior range high, and volume profile POC. Break below opens risk toward $60K–$62K capitulation zone that held last month.
Will ETF outflows continue to pressure BTC?
Outflows have slowed significantly in the last 5–7 days; early dip-buying visible from BlackRock & Fidelity. Cumulative outflows since Nov 2025 remain modest (~7% peak AUM) relative to the price decline.
Should I buy Bitcoin at current levels (~$67K)?
$64,000–$65,000 offers better risk/reward for staged DCA entries. Wait for $68,500–$69,000 reclaim + higher volume before aggressive longs. Below $64K risks retest of $60K.
Conclusion & Near-Term Outlook
Bitcoin’s breach of $67,000 support on February 12, 2026 reflects a combination of renewed ETF outflows, leverage flush, macro rotation pressure, and thin order books — yet the move remains contained compared to the $60K capitulation zone that held in late January. The growing decoupling from equities (Nasdaq ATHs vs BTC weakness) is historically a precursor to crypto outperformance once leverage is reset and macro fears peak.
Trade Bitcoin volatility on Tapbit:
Disclaimer: Cryptocurrency trading involves significant risk of loss. Prices are highly volatile and can change rapidly. ETF flows, technical patterns and macro catalysts do not guarantee future results. This article is for informational purposes only and does not constitute investment advice. Always conduct your own research (DYOR) and never invest more than you can afford to lose completely.
