🚨 #BTC Next Move: Rebound Momentum or Fakeout? 📈🔥
Latest snapshot (Feb 26, 2026 early):
• BTC surged >7% yesterday → trading ~$69,000–$69,500 after bouncing from mid-$60K zone.
• Relief rally triggered: Short squeeze, bearish funding rates flipping, deeply oversold conditions unwinding.
• Broader context: Down ~45-50% from 2025/early 2026 highs (~$126K peak), but production cost floor ~$77K + institutional interest providing support.
Key levels & analyst views on next move:
• Immediate resistance: $70K–$70.5K (heavy zone, Feb pivot) — break & close above signals stronger recovery toward $74K–$76K (2025 lows) or even $80K+.
• Support to watch: $65K–$67K (weekly 200EMA/range low) — hold here keeps bulls in control; break lower risks retest $60K or deeper ($53K–$62K in bear cases).
• Outlook split:
• Bullish: Short-term bounce to $75K–$100K possible if macro stabilizes (rate cut hopes, ETF flows).
• Cautious: Could be corrective rally in broader downtrend — rejection at $70K keeps downside open.
• Longer 2026: Forecasts $75K–$225K range, consensus ~$120K–$175K if cycle resumes.
Volatility high — macro (tariffs/inflation echoes) + on-chain signals in play. Is this the bottoming phase or more pain ahead? DYOR, use stops, avoid over-leverage!
Your prediction: Push to $75K+ soon? Retest $60K first? Drop charts/TA below! 🛡️📊