BTC Chart Breakdown: Bullish Momentum Building đ
Looking at the BTCUSDT perp chart on Binance (1H timeframe), we're seeing solid upward traction as of Feb 15, 2026. Price sits at $70,427, up 0.65% in 24H, with a high of $70,938 testing key resistance. The candlesticks paint a classic bullish story: a series of green hammers and dojis from the $66,750 low on Feb 14, pushing through the 50 EMA (~$69,000) and now hugging the upper Bollinger Band. Volume spiked to 137k BTC, signaling strong buyer convictionâfar above average.
RSI isn't overbought yet (hovering ~65), and the MACD histogram is expanding positively, with no immediate divergence. Support holds firm at $69,163 (24H low), backed by rising SAR dots. If we break $70,938 cleanly, next target is $71,148 (visible Fib extension), potentially opening doors to $72k by EOW. Watch for pullback to $69,500 if shorts pile in, but overall sentiment screams long bias. Market cap steady at ~$1.4T, alts following suit.
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