2026-02-19 19:03:41

#Gate广场发帖领五万美金红包

Two consecutive weeks of weekly closes below $72K . Every time the price pushes to the $70K–$71K range, it encounters significant selling pressure, which is a typical resistance signal.

The daily BTC chart remains below the 20 / 50 / 100 / 200 EMA, and all these moving averages form a strong resistance zone above the price. If BTC breaks below $65K on the daily chart, the next support is at $60K. Going further down, $53K will come very quickly because there is almost no effective support between these two levels. I will look for shorting opportunities if the daily closes below $65K .

If the price rebounds, the key level is $74.5K — at least wait until the daily closes above $74.5K before considering medium-term longs. Ideally, wait for the weekly close above $74.5K before considering long-term bullish positions.

I hope that before the major decline begins, we can see at least one rebound pushing the price toward $73K . $BTC

BTC0,81%

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