The post Bitcoin Price at $67K: Is the Next Leg Down About to Start? – BTC TA February 18, 2026 appeared on BitcoinEthereumNews.com.

Bitcoin is very close to falling down again. The price is right at the edge of a triangle and could be about to fall back to $60,000. Will Bitcoin make the drop? How far could it fall? $BTC about to drop out of triangle? Source: TradingView The 4-hour chart for $BTC reveals a fairly precarious situation. The price is falling underneath the bottom trendline of a triangle, and although there is still time for the bulls to push the price back up, it isn’t currently looking good.  If the drop happens, the next support level is at $65,500, although the measured move out of the triangle could take the price below $60,000. There just does not seem to be any stamina where the bulls are concerned when it comes to pushing the price back up.  Extremely negative setup Source: TradingView The daily chart reveals that not all is lost yet. However, if the chart were turned upside down, we would be looking at a very bullish bull pennant. There wouldn’t be many who would be calling for that particular setup to breakdown. Therefore, as a bear pennant, a breakdown does look extremely likely. Factor in that the $BTC price has recently lost major horizontal support, and the Stochastic RSI in the daily time frame is turning down, you have what looks like a recipe for more downside. Huge tail to the downside provides some hope Source: TradingView In the higher time frame of the weekly, the tail down to $60,000 can still give the bulls some hope. This was quite some bottoming tail and in normal conditions a bounce back to the upside could probably be expected more often than not. Nevertheless, in the current environment back-filling the long tail down looks like a reasonably valid option. Given that $53,000…

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Filed under: News - @ February 18, 2026 5:28 pm