February 20, 2026

Is this a reversal point for BTC?

Is this a reversal point for BTC?

Is this a reversal point for BTC?

Is this a reversal point for BTC?

Bitcoin / TetherUS BINANCE:BTCUSDT
evasivesteering


Is this a reversal point for BTC?

BTC loses almost 10% today. In correlation with stock, visibly. But market makers are behind this drop of BTC?

In any case, a Diving Board is forming for BTC . This pattern was seen in July 2021 and triggered a bullrun season (until November 2021).

It is possible that Diving Board pattern is forming again for BTC . Let’s wait the next a few days to confirm this ( BTC should close today below 37K and comeback to 44K-45K in the next days).

If this pattern is confirmed, bulls will have some hope to start a new rally.

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