February 17, 2026
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(short term bear theory)

(short term bear theory)

(short term bear theory)

(short term bear theory)

BTCUSDT Perpetual Contract BYBIT:BTCUSDT
Eloquent


(short term bear theory)

i’ve been talking about this idea for quite awhile now, and it still remains on the table as BTC flags down here.


snapshot

every attempt to move up, btc gets overbought right away price gets pushed back down.
price is starting to contract, indicative that we could in theory be in a triangle for this sub-wave 4.
currently working on wave e (the final leg).

—

bearish invalidation: 30654.5
bearish confirmation upon a breakdown.

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