{"id":26757,"date":"2026-02-20T09:50:00","date_gmt":"2026-02-20T09:50:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=26757"},"modified":"2026-02-20T17:54:24","modified_gmt":"2026-02-20T17:54:24","slug":"bitcoin-price-analysis-buy-2","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-price-analysis-buy\/","title":{"rendered":"Bitcoin: Will It reach $73,000 or dip to $60,000? Should you buy now?"},"content":{"rendered":"\n

$65,000: The Last Stand Before the Fall?<\/h2>\n\n\n\n

The dynamics have shifted. What began as a gradual retracement has transformed into a heavy downtrend, pushing Bitcoin toward levels that bulls<\/strong> hoped not to see again anytime soon. Currently, BTC is trading around $67,000<\/strong>, showing a decline of approximately 1.5%<\/strong> over the last 24 hours.<\/p>\n\n\n\n

The technical analysis is clear: the $65,000<\/strong> level is now Bitcoin’s<\/a> lifeline. A confirmed break below this support could trigger a cascade of liquidations. If buyers fail to defend this zone, the door would be wide open for a drop toward $60,000<\/strong>, or even a test of the $55,000<\/strong> area in a catastrophic scenario.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

This is also a 7-hour order block. The current short-term structure leans more toward a corrective structure with $65,000<\/strong> acting as the B wave before a new C wave rally beyond $70,000<\/strong>. A rebound in the coming weeks is therefore confirmed if Bitcoin maintains $65,000<\/strong>.<\/p>\n\n\n\n

Market sentiment, measured by the Fear & Greed Index, has shifted into extreme fear. This fragile psychology amplifies every bearish move, prompting smart money to position themselves. Selling volumes are increasing, signaling that short-term traders prefer to secure their positions rather than bet on an immediate rebound.<\/p>\n\n\n\n

Consolidation Triangle: A 15% Explosion Coming?<\/h2>\n\n\n\n

All hope is not lost. Bitcoin<\/a> is currently evolving within a consolidation triangle<\/strong> structure, a technical pattern that often precedes violent movements. Analysts, including the renowned Ali Martinez<\/strong>, are closely monitoring this compression. A breakout from this triangle could trigger an estimated 15%<\/strong> move in either direction.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

Bitcoin has currently broken out of its short-term bearish trend. If BTC regains its range midpoint at $68,200<\/strong> and transforms it into support, then it will head to $70,000<\/strong>, followed by $73,000<\/strong> thereafter.<\/p>\n\n\n\n

However, as long as the price remains trapped below this mid-range resistance, the risk tilts downward. The current consolidation resembles a waiting phase before a major market decision. Indicators like the RSI show that the asset is not yet in total oversold territory, leaving room for additional decline before a potential technical rebound.<\/p>\n\n\n\n

The market is at a crossroads. On one side, the current pullback offers an entry opportunity for those who believe in the long-term trend and aim for a return to historical highs. On the other, this rebound is only short-term and the HTF bearish trend still remains.<\/p>\n\n\n\n

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