BTCUSD
Bitcoin is trading above the 65000 dollar support area and prices are likely to decline to retest this level while a breakout above the 72000 dollar resistance would invalidate this scenario in today’s session.
|
Support |
65000 | 61000 |
| Resistance | 72000 |
79000 |
Bitcoin recorded a notable decline during trading on February 23, 2026, as the price fell below the $65,000 level under clear selling pressure, reflecting a slowdown in the upward momentum that had been supported by institutional inflows in recent weeks. The break of nearby support levels prompted traders to reduce their positions amid heightened volatility, particularly as caution spread across global risk markets.
On the other hand, any potential recovery would require a decisive breakout above the $72,000 area to restore bullish momentum, a scenario that appears challenging under current conditions. The broader outlook suggests a cautious market tone, with investors awaiting upcoming economic data that could redirect liquidity either back toward digital assets or away from them in the coming sessions.
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