🚨 BITCOIN EYES $65,000 SUPPORT FOR POTENTIAL RELIEF RALLY 📈
According to a technical analysis from February 12, 2026, Bitcoin (BTC) is currently undergoing a "corrective rotation" within a broader rising channel. While sellers are currently in control, experts suggest a local bottom may be forming near a high-probability support zone.
The $65,000 Support Confluence:
Golden Pocket Alignment: The $64,400–$65,000 region represents a major technical crossroads where the 0.618 Fibonacci retracement level meets the lower boundary of the rising channel.
Controlled Selling: The current drift lower has not been accompanied by panic-driven volume, suggesting it is a "healthy" rotation toward deeper liquidity rather than a macro breakdown 📉
"No Man's Land": BTC is currently trading in a choppy consolidation phase between major levels, a common setup before a decisive move.
What Needs to Happen for a Rally:
Bullish Confirmation: To trigger a meaningful relief rally, Bitcoin needs to show strong rejection wicks and a surge in bullish volume at the $65K level.
Next Target: If support holds, the price could rotate back toward the upper boundary of the channel, with the $75,000 region serving as the next major resistance target 🚀
Macro Structure: As long as BTC closes above this $65K zone, the broader multi-month bullish trend remains structurally intact.