February 23, 2026

btc long position

btc long position

btc long position

BTC long position

Bitcoin / TetherUS BINANCE:BTCUSDT
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btc long position

Technically, Bitcoin is in a significant area on a daily basis.
rsi has touched its daily downtrend line, in case of failure of which the mentioned targets can be imagined.
The chart is also pullback after the failure of a daily static resistor. The main point is to reduce the strength of the previous downtrend and create a uniform and even higher ceiling, which indicates that the downtrend is turning into suffering.
This divergence and weakness of the downtrend increases the probability of growth and the beginning of the uptrend
There is still an upward trend in the weekly period
Of course, we must consider the important news of the coming days

Keep in mind this is just an analysis and not a buy or sell signal
have a nice day

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