NewsBTC
Feb 18, 2026
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BEARISH 📉 : Bitcoin struggles below $67,500 amid potential further decline

Bitcoin Price Analysis

  • Bitcoin's price is struggling, moving below $67,500 and the 100 hourly simple moving average.
  • A declining channel with resistance at $68,850 is forming on the BTC/USD hourly chart.
  • The price tested the $66,500 support after dipping below the 61.8% Fib retracement level from the $65,072 to $70,935 range.
  • If Bitcoin remains above $66,500, it may attempt a rise, with immediate resistance at $68,000.
  • A close above $68,850 could push the price towards $69,200 or even $70,000.
  • Failure to rise above $68,850 might lead to another decline, with major supports at $66,500 and $66,000.
  • If losses continue, Bitcoin could drop towards $64,200 or the main support at $63,500.

Bitcoin Price

Technical Indicators

  • Hourly MACD: Gaining pace in the bullish zone.
  • Hourly RSI: Below the 50 level for BTC/USD.
  • Major Support Levels: $66,500, $66,000.
  • Major Resistance Levels: $68,000, $68,850.