Ah, the tempestuous soul of Bitcoin (BTC) has once more been cast into the abyss, plummeting 2.2% on that fateful Wednesday, February 18, 2026, to languish at a mere $66,446. The fear-and-greed index, that barometer of human folly, has sunk to a pitiable 12/100-CoinMarketCap, in its infinite wisdom, deigns to call it “extreme fear.” How quaint.
The Prophets of Madness: Trump, Armstrong, and Hayes Weigh In
Behold, Eric Trump, scion of the Trump dynasty, proclaims with the gravity of a man who has never known doubt that Bitcoin shall ascend to the heavens, reaching $1 million in 2026. At the World Liberty Financial (WLF) forum in Palm Beach, this oracle of optimism declared, “I do think it hits $1 million…You’re going to have volatility with something that has tremendous upside.” Tremendous upside, indeed-a phrase as hollow as the promises of a carnival barker.
Brian Armstrong, the high priest of Coinbase, echoes this sentiment, attributing Bitcoin’s surge to the whims of the human psyche rather than any tangible foundation. “Uncertainty regarding quantum computers and Fed leadership has fueled crypto fear,” he intoned, his voice dripping with the assurance of a man who profits from the chaos. Yet, Coinbase, ever the faithful acolyte, continues to hoard Bitcoin for its long-term gains, as if the gods of finance have whispered secrets only they can hear.
And then there is Arthur Hayes, the fallen angel of BitMEX, whose indifference to Bitcoin’s 50% plunge from $126,000 to under $65,000 is as chilling as it is comical. “This is Fine,” he scribbled in a Substack essay, a phrase that might as well be carved on the tombstone of every failed investment. Though less exuberant than Trump, Hayes predicts a surge to $500,000-$750,000 by year’s end, citing his “fiat liquidity fire alarm” theory. Massive AI-driven layoffs, heightened tariffs, and federal bailouts-a perfect storm of modern calamities to propel Bitcoin to new heights. How very Dostoevskian.
The Grand Farce of the Market
In the grand theater of finance, the midterm BTC price outlook is but a puppet show, its strings pulled by the global liquidity rotation. The Federal Reserve, that omnipotent deity, looms large, its leadership changes and the passage of the Clarity Act poised to send ripples through the crypto cosmos. Yet, amidst this chaos, one cannot help but marvel at the absurdity of it all-a world where the son of a president, a tech mogul, and a disgraced CEO pontificate on the future of a digital currency, their words as fleeting as the value they claim to predict.
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2026-02-19 00:51