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Bitcoin Intraday: rebound towards 70890
Feb 16, 2026 3:04 AM
rebound towards 70890.
Our pivot point stands at 67170.
Our preference:
rebound towards 70890.
Alternative scenario:
the downside breakout of 67170 would call for 65750 and 64900.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 68592 and 69353).
Supports and resistances:
72590 **
71740 *
70890 **
70040
68345 last
67730
67170 **
65750 *
64900 **
Our preference:
rebound towards 70890.
Alternative scenario:
the downside breakout of 67170 would call for 65750 and 64900.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 68592 and 69353).
Supports and resistances:
72590 **
71740 *
70890 **
70040
68345 last
67730
67170 **
65750 *
64900 **
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