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Bitcoin Short Term: caution
Feb 23, 2026 7:44 AM
long positions above 59960 with targets at 81150 & 87130 in extension.
Pivot: 59960
Our preference:
long positions above 59960 with targets at 81150 & 87130 in extension.
Alternative scenario:
below 59960 look for further downside with 50140 & 44290 as targets.
Comment:
a support base at 59960 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
93100
87130
81150
65782 Last
59960
50140
44290
Our preference:
long positions above 59960 with targets at 81150 & 87130 in extension.
Alternative scenario:
below 59960 look for further downside with 50140 & 44290 as targets.
Comment:
a support base at 59960 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
93100
87130
81150
65782 Last
59960
50140
44290
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