Is Bitcoin Ready for a Rebound? 📉🚀
Date: February 19, 2026
Pair: BTC/USDT (Perpetual Futures)
Timeframe: 4-Hour (4H)
In the last 24 hours, Bitcoin has been battling massive selling pressure, but we are seeing some very interesting signals on the charts. Let's use our "Triple Confirmation" strategy to see what's happening.
1. Price Action & Support/Resistance 🏗️
Currently, BTC is trading around $69,800 - $70,000.
The Support: We have a very strong "demand zone" at $67,000. Notice how the price bounced from this level three times this month.
The Resistance: The $71,500 level is acting as a heavy ceiling. Every time the price touches it, "Whales" are selling.
Observation: Price is currently forming a "Falling Wedge" pattern, which is usually a Bullish Reversal sign in the 2026 market context.
2. EMA Confirmation (The Trend) ✖️
On the 4H chart, the 9 EMA is currently crossing below the 21 EMA.
What it means: Short-term momentum is still bearish. We need to see a "Golden Cross" (9 EMA crossing above 21) before we can confidently enter a long position.
3. RSI & Volume (The Hidden Strength) 🌡️📊
RSI: It’s currently at 38. It is NOT oversold yet (<30), but it is very close. Interestingly, we are starting to see a Bullish Divergence: the price made a lower low, but the RSI is making a higher low. This is a HUGE signal that the selling pressure is weakening!
Volume: During the last drop to $67,000, we saw a massive Volume Spike. This shows "Institutional Buying" (Big players are absorbing the sales).
💡 Trading Setup for Today:
Wait for Confirmation: Don't jump in yet. Wait for a 4H candle to close above $70,500 (breaking the wedge).
Entry (Long): Above $70,500 after a retest.
Stop-Loss: Below the recent low at $66,500.
Take-Profit: $72,500 and $75,000.
⚠️ Warning: Market sentiment is currently in "Extreme Fear" (Index around 9-10). While this is often a great time to buy, always use tight Stop-Losses because unexpected macro-economic news can still push prices lower.
$BTC
