According to an executive from Deribit, a prominent cryptocurrency exchange, the ongoing long-term rally for Bitcoin is considered to be ‘broken’ or disrupted, and it will not regain its upward momentum until the digital currency successfully reclaims the significant price level of $85,000. This perspective suggests that until Bitcoin can surpass this threshold, its potential for future gains may be limited, and market sentiment may remain cautious.
source: https://www.coindesk.com/markets/2026/02/13/bitcoin-s-long-term-rally-is-broken-until-it-reclaims-usd85-000-deribit-executive-says