Oh, Bitcoin, you fickle beast. After flirting with $66,500, you’re now acting like a teenager who just got grounded. Will you bounce back or keep sulking in your $65,000 room? Stay tuned for this financial drama!
- Bitcoin’s recovery is about as reliable as a Wi-Fi connection during a storm-spotty and disappointing.
- Trading below $67,500 and the 100 hourly simple moving average? That’s like showing up to a party after the pizza’s gone.
- A declining channel with resistance at $68,850? Sounds like BTC is stuck in a never-ending Zoom meeting.
- If it dips below $66,500 and $66,000, we might as well call it a day and order takeout.
Bitcoin’s stability is about as consistent as my New Year’s resolutions. After failing to stay above $68,500, it took a nosedive like a reality TV star’s career. Below $67,800? Ouch. Below $67,200? Double ouch. The bulls tried to save the day at $66,500, but let’s be real-they’re running on caffeine and hope.
Oh, and there’s a declining channel with resistance at $68,850. Because what’s a financial chart without a little extra drama? Trading below $67,500 and the 100 hourly simple moving average? That’s just Bitcoin being Bitcoin-unpredictable and slightly exasperating.
If BTC manages to stay above $66,500, it might attempt a comeback like a 90s boy band. Immediate resistance at $68,000? Good luck with that. And if it somehow breaks through $68,850, we might see $69,200 or even $70,000. But let’s not get ahead of ourselves-this is Bitcoin we’re talking about.
But wait, there’s more! If Bitcoin can’t rise above $68,850, it’s back to the drawing board. Support at $66,500? Sure. $66,000? Maybe. $65,000? Don’t even get me started. If it drops further, $64,200 is the next stop, and $63,500 is the last line of defense before we all start panicking.
Technical indicators:
Hourly MACD – The MACD is bullish, but let’s be honest, it’s probably just overcaffeinated.
Hourly RSI – Below 50? That’s Bitcoin’s mood after a bad date.
Major Support Levels: $66,500 (because why not?), $66,000 (just in case).
Major Resistance Levels: $68,000 (good luck), $68,850 (ha!).
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2026-02-18 06:07