NewsBTC •
February 23, 2026 at 02:40 •
Analysis
Bitcoin price failed to stay above $68,000 and dipped sharply. BTC is now consolidating losses and might struggle to recover above $66,000. Bitcoin started a fresh decline and traded below the $66,500 support. The price is trading below $66,500 and the 100 hourly simple moving average. There was a break below a bullish trend line with support 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 $64,500 and $64,200 levels. Bitcoin Price Dives Over 5% Bitcoin price failed to remain stable above the $67,200 zone. BTC started a fresh decline and traded below the $66,500 support zone. There was a push below $66,000. The price even spiked below $65,000. There was also a break below a bullish trend line ...
