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​The cryptocurrency market is experiencing a volatile February 2026. After reaching a record high at the end of 2025 (around 126,000 USD), Bitcoin has undergone a deep correction and is currently trying to find a balance around the 68,000 USD region.


📊 Technical Analysis: Extremely Important Price Zones


​After a series of 4 consecutive weeks of declines, the technical indicators are sending mixed signals:



  • Strategic Support Zone: The $60,000 - $61,000 area is the most critical support (200-week MA). If this zone is lost, the "Crypto Winter" sentiment may return with lower targets at $50,000.


  • Short-term Resistance Level: Bulls need to push the price above $73,500 to regain confidence. The next target for the February recovery is the $75,000 - $78,000 zone.


  • RSI Index: Currently at a neutral level (~42), indicating that selling pressure has eased but buying power is still not strong enough to create a real breakout.


BTC/USDT Technical Chart (Daily Frame) illustrates important price zones and potential scenarios:🌐 Macroeconomic Factors & On-chain Data


The current situation is influenced not only by the chart but also by external factors:



  2. Fed Policy: Chairman Jerome Powell has brought interest rates into the "neutral zone". This pause in tightening is a good psychological support for risk assets like BTC.


  4. CPI Data: The recently released inflation figures will be a "guideline" for cash flow in the coming weeks.


  6. Investor Sentiment: The MVRV Z-Score is approaching the historical accumulation zone. This means that although prices are declining, it is an opportunity for long-term investors (HODLers) to accumulate.


💡 Reference Strategy



  • For Short-term Traders: Focus on observing the reaction at the $65,000 support zone. Only open long positions when there is a clear reversal signal confirmed from the H4 timeframe upwards.


  • For Long-term Investors: Dollar Cost Averaging (DCA) at strong support zones ($58k - $61k) is still prioritized by many experts during this phase.



  • Conclusion: Bitcoin is in a "test of patience" phase. History shows that corrections after peaks often serve as a springboard for a more sustainable growth cycle.




    What do you think? Will BTC soon return to the $100k mark or will it drop deeper to $50k? Please leave your opinion below! 👇


    #BTC #Bitcoin #BinanceSquare