Coinpaper 2026-02-18 10:42:34

Bitcoin Bears Target Lower Low as Charts Flag $68K Fight and $80K Retest

Bitcoin traders pointed to a tight decision zone after the latest selloff, with analysts split between a deeper washout and a recovery attempt. Two separate chart posts flagged key levels that could shape the next move, including a $68,000 pivot and a potential $80,000 retest. Bitcoin chart compares current drop to 2022 bear market pattern Bitcoin may still face more downside before any durable low forms, according to a weekly BTCUSDT TradingView chart shared by X user Aralez. In the post, Aralez said the market repeats a 2022 style bear pattern and warned traders not to rush into accumulation because “the bottom isn’t in yet.” Bitcoin TetherUS 1 Week Binance. Source: TradingView via Aralez on X The chart marked a key level near $68,000 with an orange horizontal line, then placed a green circle and “WE’RE HERE” label on that zone after a steep selloff and rebound attempt. It also drew a lower orange line around the mid $50,000s, framing a wider support band beneath current price action. Aralez added a “Cycle Bottom” label below the lower band and used a red marker to suggest where a final low could land if the pattern continues. A projected path on the right side then showed a bounce from the lower area, followed by a climb back through the mid range and into higher resistance zones near $110,000 and roughly $125,000 to $130,000, which the chart highlighted as prior ceiling areas. Trader highlights $80,000 retest goal as Bitcoin tests former support zone Bitcoin’s next key test sits at a prior support and resistance band marked by a blue box, according to a chart update posted by X user Heisenberg, also known as @Mr_Derivatives. The analyst said bulls need to reclaim that zone first, then push toward the $80,000 area, which the post described as the top of the bear flag pole and an early step toward rebuilding a stronger structure. Bitcoin to US Dollar Daily. Source: Heisenberg (@Mr Derivatives) on X . The annotated chart framed the blue box as a long running pivot that previously acted as resistance and later as support, with the current move returning to that same area. The post described the zone as a “big battle” point, suggesting the market must hold above it to reduce the risk of another leg lower. If the rebound fails, Heisenberg pointed to a lower green box as the next major support area, labeled around $47,500 to $52,500 on the chart. The analyst said they would look to increase buying interest if price reaches that lower band.

Most Read News

Bitcoin Won Over Wall Street and Now It’s Pay...
2026-02-18
ADA Technical Analysis February 18, 2026: Wil...
2026-02-18
WLFI Jumps Double Digits Ahead of Mar-a-Lago...
2026-02-18
BlackRock Bitcoin Deposit: Strategic $168M Co...
2026-02-18
AMLBot says social engineering drove 65% of c...
2026-02-18
AUD/USD Price Forecast: Bullish Momentum Targ...
2026-02-18
Shiba Inu Will Recover to Prices Never Seen B...
2026-02-18
Analyst: My Conviction In XRP Is Anchored By...
2026-02-18

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.