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Bitcoin Intraday: under pressure below 69560
Feb 17, 2026 5:04 AM
under pressure below 69560.
Our pivot point is at 69560.
Our preference:
under pressure below 69560.
Alternative scenario:
above 69560, look for 70990 and 71840.
Comment:
the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 68595 and 68508).
Supports and resistances:
71840 **
70990 *
69560 **
69000
68416 last
66720
65870 **
65020 *
64170 **
Our preference:
under pressure below 69560.
Alternative scenario:
above 69560, look for 70990 and 71840.
Comment:
the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 68595 and 68508).
Supports and resistances:
71840 **
70990 *
69560 **
69000
68416 last
66720
65870 **
65020 *
64170 **
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