Bitcoin price coils into a triangle formation, why a breakout is looming
The post Bitcoin price coils into a triangle formation, why a breakout is looming appeared on BitcoinEthereumNews.com.
Bitcoin price is compressing into a tightening triangle structure, signaling a major decision point as converging support and resistance suggest an imminent volatility expansion in the near term. Summary Triangle compression signals imminent breakout, volatility expansion approaching Higher lows indicate growing demand, favoring bullish resolution $76,700 resistance becomes key target, if breakout confirms with volume Bitcoin (BTC) price action has entered a constructive consolidation phase, forming a clear triangle pattern that reflects growing market equilibrium. After recent volatility, the price has entered a period of compression, with dynamic support and resistance continuing to narrow. This behavior often precedes significant directional movement, as markets rarely remain compressed for extended periods. Triangle formations typically represent a balance between buyers and sellers before a decisive breakout occurs. In Bitcoin’s case, price remains inside the structure, meaning the breakout has not yet been confirmed. However, as the price approaches the apex of the triangle, the probability of a volatility expansion increases substantially. The market is now nearing a macro decision point where momentum will likely return and determine Bitcoin’s next trend phase. Bitcoin price key technical points Bitcoin trading inside a clear triangle formation, signaling compression Apex zone approaching, increasing breakout probability $76,700 high-timeframe resistance becomes upside target, if bullish break occurs BTCUSDT (2H) Chart, Source: TradingView The current triangle formation is defined by converging dynamic support and resistance aligned closely with the value area low and value area high. Each rejection from resistance and defense of support has gradually tightened price action, reducing volatility and forming a classic apex structure. Such formations indicate that neither buyers nor sellers currently dominate the market. Instead, liquidity builds on both sides as participants wait for confirmation of direction. As compression increases, even modest momentum can trigger a sharp expansion once price escapes the pattern. Importantly, Bitcoin has not yet…
Filed under: News - @ February 19, 2026 5:27 pm