Bitcoin Price Prediction: Is the BTC Bottom Finally In—or Is More Pain Ahead?
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The post Bitcoin Price Prediction: Is the BTC Bottom Finally In—or Is More Pain Ahead? appeared first on Coinpedia Fintech News Bitcoin price has entered a make-or-break phase. After months of sustained strength and a rally to fresh highs above $126K, BTC is now retracing toward a major long-term support zone—one that previously defined cycle bottoms in 2018, 2020, and 2022. As price cools, signs of distribution are emerging: profit-taking has increased, whale wallets are moving coins to exchanges, and higher-timeframe momentum is beginning to fade. With volatility compressing and sentiment turning cautious, the market is approaching a critical turning point. The BTC price behavior around $65,000 and $68,000 is pretty important that may set the tone for the next price action. What’s next for the Bitcoin (BTC) price? Has the crypto reached the bottom, or is there more pain ahead? Bitcoin Approaches Long-Term Ascending Support Bitcoin’s chart is now highlighting a crucial consolidation period after having been on a bullish tear that saw it hit brand new highs above $126K. The price is starting to pull back & tighten up towards a historically significant support zone that’s roughly between $68K and $70K, a spot that’s been the place where the cycle bottoms have been marked previously. Things are getting a bit more serious as we see a retracement going on at the moment, & this is happening alongside the higher time frame momentum starting to fade out—which suggests the rally is losing steam rather than suddenly turning on a dime. The volume & on-chain indicators are also showing us that the large holders are taking profits & getting a bit cautious at the same time. Still, though, structurally speaking, BTC is still holding above its long-term support lines, keeping the broader trend picture looking pretty good. However, a decisive…
Filed under: News - @ February 17, 2026 12:29 pm