Bitcoin Traders Say Watch These BTC Price Levels Next
The post Bitcoin Traders Say Watch These BTC Price Levels Next appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) analysts mapped out the key BTC price levels to watch as the market’s focus shifted to the $58,000 to $65,000 zone as the last line of defense. Bitcoin price is wedged between two key levels Bitcoin is currently wedged between the 200-week simple moving average (SMA) at $68,300 and the 200-week exponential moving average (EMA) at $58,400. Generally, in Bitcoin’s trading history, major BTC bottoms have formed between the 200-week SMA and EMA, according to analyst Jelle. This suggests that Bitcoin is possibly forming a bottom between these trendlines. Related: Bitcoin accumulation wave puts $80K back in play: Analyst While Bitcoin has produced a weekly close above the 200-week EMA for the second week in a row, “this doesn’t mean it is now in the clear,” trader and analyst Rekt Capital said in a Monday X post, adding: “The absence of any meaningful upside from here going forward, there is a risk that BTC loses the 200-week EMA in time, triggering additional downside.” BTC/USD weekly chart. Source: Rekt Capital Crypto investor and entrepreneur Ted Pillows had an expanded view, focusing on $71,000 for a bullish breakout. In a Tuesday post on X, Ted Pillows said that Bitcoin needs a daily close above the $71,000 level to increase the chances of an upside rally, adding: “And if a breakdown happens below $66,000, BTC might revisit $60,000.” BTC/USD two-day chart. Source: Ted Pillows Cointelegraph reported that the CME gap between $80,000 and $84,000 could act as a magnet, representing the upper price target for Bitcoin. With nine out of 10 CME gaps filled since August 2025, the $80,000–$84,000 range stands out as the key level to watch on the upside. Bitcoin bulls must hold the price above $65,000 After turning away from $72,000 last week, Bitcoin found support at $65,000.…
Filed under: News - @ February 18, 2026 7:28 pm