Indiana's House Bill 1042, focused on the regulation and investment of cryptocurrency, has cleared both legislative chambers and is now awaiting the governor's decision. The measure would require certain state-run retirement and savings plans to offer at least one crypto option through self-directed brokerage accounts, while also limiting public agencies from restricting lawful digital asset use or imposing special taxes on such transactions.

Bitcoin’s long-term holders are increasingly active around a cost basis of $38,900 while the spot price trades far higher, highlighting potential downside risk if historical patterns repeat. On-chain indicators show renewed coin movements and modest profit-taking from long-term investors, but recent selling has been led mainly by short-term holders.

Bitcoin advanced above $68,000 after building support over $66,000, setting a high at $70,000. It is trading above $67,500 and the 100‑hour simple moving average, with resistance at $68,500 and $69,200; failure to break higher could send price back toward $67,200, $66,250, $66,000, and the main support at $65,500.

On Feb 26, 2026, Bitcoin’s derivatives metrics showed deeply negative funding as traders added short exposure, according to CryptoQuant. Despite the bearish futures tilt, spot price action continued to defend the $68,000–$69,000 area, with a broader range between $62,000 and $69,000 and a key support reference near $60,000.

An Elliott Wave specialist on X has outlined a bearish roadmap suggesting Bitcoin is entering the final leg of its current downtrend, with Wave 5 now in play and the prior corrective Wave 4 structure considered complete. The analysis maps an initial downside objective around $60,385 from a spot price near $65,000, followed by a deeper potential trough near $55,759 based on Fibonacci levels.

Bitcoin traders are preparing for Friday's $10.5 billion monthly options expiry, with current data showing put options holding the upper hand while BTC trades around $68,800. Deribit leads the market with the bulk of open interest, and scenarios modeled around price ranges between $65,000 and $74,000 all currently favor sellers unless Bitcoin can stage a 9% move back above $75,000. A strong 90% correlation with the Nasdaq 100 suggests that tech sector sentiment and major earnings, including Nvidia, may heavily influence the expiry outcome.

Bitcoin climbed to $67,000 at Wednesday’s Wall Street open, adding roughly 4.5% on the day as it moved toward the 200-week EMA around $68,330. Remarks from U.S. Trade Representative Jamieson Greer on 15% tariffs had limited impact, while traders flagged a weekly level near $74,492 and noted an emerging RSI divergence versus gold.

The Coinbase Bitcoin Premium Index turned positive after nearly two months in the red, with BTC priced at least $10 higher on Coinbase than on Binance. On February 25, 2026, Bitcoin traded at $67,151.18, up 5.98% in 24 hours. Analysts cautioned this is not a full trend reversal, but it points to rising U.S. interest.