Analyst: BTC Range Tightening Could Trigger Strong Momentum Move
The post Analyst: BTC Range Tightening Could Trigger Strong Momentum Move appeared on BitcoinEthereumNews.com.
OG coin remains compressed between $66K and $72K, with steady positioning increasing the odds of a sharp breakout move. Bitcoin is rotating within a defined bracket, and pressure is building. Sellers keep rejecting moves near $72,000, while buyers defend the $66,000 area. According to analyst DaanCrypto, this compression phase could soon lead to a strong momentum move. BTC Enters Volatility Squeeze Phase With Breakout in Sight Bitcoin is trading within a narrowing range, with the price failing near $71,000–$72,000. This shows sellers are actively defending that area. At the same time, dips toward $66,000–$67,000 continue to attract buyers, preventing a deeper drop. Because highs are getting lower and lows are getting higher, price swings are shrinking. That pattern usually signals volatility compression, meaning the market is coiling up. Rallies are losing strength a bit earlier each time, while sell-offs are being absorbed near support. In addition, volume has declined during this sideways move, which suggests traders are waiting for a clear breakout before committing heavily. Looking at the BTC chart, volatility indicators confirm the slowdown as Bollinger Bands have tightened compared to early February. When the bands narrow, it means the price is moving less aggressively. Image Source: TradingView Bitcoin is trading near the middle and lower end of the band range. The middle line sits near $66,800, with the upper band around $67,700 and the lower band near $65,800. Tighter bands usually signal that the price is compressing before a larger move. Recent sharp swings have cooled after the earlier liquidation event. On the other hand, derivative data indicate that positioning remains controlled. Total open interest sits at 664,700 BTC, roughly $44.16 billion. Open interest declined 0.12% on the 1-hour timeframe. Meanwhile, it rose 0.40% on the 4-hour and 0.15% over 24 hours. These changes are small, meaning traders…
Filed under: News - @ February 19, 2026 2:19 am