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Bitcoin Short Term: technical rebound in a bearish trend
Feb 9, 2026 7:49 AM
long positions above 60000 with targets at 80450 & 89200 in extension.
Pivot: 60000
Our preference:
long positions above 60000 with targets at 80450 & 89200 in extension.
Alternative scenario:
below 60000 look for further downside with 56400 & 52650 as targets.
Comment:
a support base at 60000 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
98500
89200
80450
70421 Last
60000
56400
52650
Our preference:
long positions above 60000 with targets at 80450 & 89200 in extension.
Alternative scenario:
below 60000 look for further downside with 56400 & 52650 as targets.
Comment:
a support base at 60000 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
98500
89200
80450
70421 Last
60000
56400
52650
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