Bitcoin's testing that conviction right now—support at previous levels (around $70K–$75K zone from earlier structure) has indeed broken, triggering the panic and shakeout we saw. Price is hovering around $68,000–$68,200 as of mid-February 2026, after dipping from recent highs and consolidating in a rough range.The new support everyone's watching is this cluster near $66K–$68K (local lows from late 2024/early corrections, plus fib levels and liquidation zones). It's holding for the moment with some cautious bounces, but volume is mixed and momentum indicators (like EMAs sloping down) still lean bearish short-term.
If it holds and we see a solid reclaim above $70K–$72K with conviction (volume + follow-through), it's a reset—potential bounce toward $75K+ and maybe retest higher.
If it fails (clean break below ~$65K–$66K), continuation lower is on the table: next major tests at $60K–$62K (YTD lows, big structural support), and deeper risk toward $58K or lower in a full extension.
Markets don't care about hopium or doom—price action and order flow will decide. Conviction comes from who steps in to defend or pile on. Eyes on that $68K zone for the next move.#StrategyBTCPurchase #BTC #Crypto #SupportTest #BitcoinPrice
