Bitcoin Price Slips In Choppy Trade As Bears Tighten Grip

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NewsBTC • February 19, 2026 at 02:40 • Analysis
Bitcoin price corrected gains and tested the $66,000 support. BTC is now consolidating losses and might decline further below the $65,500 zone. Bitcoin is struggling to recover losses and moving lower below $67,200. The price is trading below $67,200 and the 100 hourly simple moving average. There is a declining channel forming with resistance at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $66,000 and $65,500 levels. Bitcoin Price Dips Again Bitcoin price failed to remain stable above the $68,000 zone. BTC started a fresh decline and traded below the $67,500 support zone. There was a push below $67,000. The price dipped below the 76.4% Fib retracement level of the upward move from the $65,07...

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