Bitcoin (BTC) Price Analysis for February 11
The post Bitcoin (BTC) Price Analysis for February 11 appeared on BitcoinEthereumNews.com.
Despite the recent market dump, most of the cryptocurrencies are not ready to grow at the moment, according to CoinStats. Top coins by CoinStats BTC/USD The price of Bitcoin (BTC) has declined by 1.83% over the last 24 hours. Image by TradingView On the hourly chart, the rate of BTC might have found local support at $66,351. As most of the daily ATR has passed, there are low chances of seeing sharp moves by tomorrow. You Might Also Like In this case, sideways trading in the range of $67,000-$69,000 is the most likely scenario. Image by TradingView On the longer time frame, one should focus on the daily bar’s closure in terms of the $67,313 level. If a false breakout occurs, there is a chance of seeing a bounce back to the $70,000 area soon. Image by TradingView A less bullish picture can be seen on the weekly chart. In this regard, one should pay attention to the $74,434 level. Until the rate of BTC is below that mark, ongoing decline remains the most likely scenario. Bitcoin is trading at $67,155 at press time. Source: https://u.today/bitcoin-btc-price-analysis-for-february-11
Filed under: News - @ February 11, 2026 11:30 pm