$KNC $BTC
The scenario of Bitcoin in February 2026 is marked by a phase of technical adjustment and strong influence from the global macroeconomic environment. After reaching historic highs at the end of 2025, the currency faces a correction but maintains its relevance as the main digital asset in the market.

Main News and Trends
​Change in Cycles: Analysts point out that the traditional "4-year cycle" (based on Halving) is transforming. The massive entry of institutional investors and the maturation of ETFs have changed the pace of rises and falls, making them more connected to the traditional financial market (stocks and interest rates).
​Macro Factor: The US economy, under the management of a new Federal Reserve president with a strict anti-inflation stance, has generated caution. The "end of cheap money" (interest rate hikes) is one of the main reasons for the current selling pressure.
​Income Tax 2026: In Brazil, investors are already preparing for the new rules for declaring cryptoassets, which bring greater detail about custody in foreign exchanges and DeFi protocols.
​Strategic Reserve: Global discussions continue about the creation of strategic reserves of Bitcoin by governments, a movement that could structurally change the risk perception of the asset in the long term.