Hi everyone, this is SuperTommi.
The second week of February 2026 has officially been recorded as the ‘Worst Week of 2026’ for the US stock market, particularly for tech-heavy indexes. In this guide, I’ll analyze the key correlations between this tech rout and the recent Bitcoin price action based on my latest market data.
1. Tech Jitters and the Risk-Off Shift
Investor confidence took a significant hit this week as concerns over high capital expenditures in the AI sector merged with broader economic uncertainties. The Nasdaq Composite and S&P 500 faced massive selling pressure, representing a sharp contrast to the record highs seen earlier this year. This shift indicates a strong ‘risk-off’ sentiment, where investors migrate away from high-growth assets into defensive positions.
2. Bitcoin: The High-Beta Stress Test
Bitcoin, often discussed as ‘digital gold,’ found itself highly correlated with the tech sell-off. As tech stocks dipped, Bitcoin’s price tumbled toward the $65,000 USD (approx. $114,000 NZD) support level. This price action reaffirms that in the current macro environment, BTC is still being treated as a high-beta risk asset rather than a pure safe haven. Defensive strategies are currently being favored as liquidity tightens globally.
3. Future Watchpoints
The potential for recovery hinges on upcoming macroeconomic data, including Federal Reserve meeting minutes and inflation trends. If the environment stabilizes, a ‘relief bounce’ is plausible. However, until the $65k level is firmly defended, caution is advised for short-term entries.
I hope this summary serves as a useful guide for your investment strategy. In volatile times, staying disciplined and sticking to your core principles is your best defense.
Stay focused, and thank you for following the guide!
Best regards,
SuperTommi.