{"id":90549,"date":"2026-02-16T04:05:47","date_gmt":"2026-02-16T04:05:47","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2026\/02\/16\/bitcoin-price-faces-another-rejection-as-upside-momentum-fades\/"},"modified":"2026-02-16T04:05:47","modified_gmt":"2026-02-16T04:05:47","slug":"bitcoin-price-faces-another-rejection-as-upside-momentum-fades","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2026\/02\/16\/bitcoin-price-faces-another-rejection-as-upside-momentum-fades\/","title":{"rendered":"Bitcoin Price Faces Another Rejection As Upside Momentum Fades"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"ftwp-postcontent\">\n<p><em>Bitcoin worth failed to remain above $70,000 and began one other decline. BTC is now buying and selling under $68,800 and may lengthen losses within the close to time period.<\/em><\/p>\n<ul>\n<li>Bitcoin is slowly shifting decrease under $69,500 and $69,200.<\/li>\n<li>The worth is buying and selling close to $68,400 and the 100 hourly easy shifting common.<\/li>\n<li>There was a break under a bullish development line with help at $69,500 on the hourly chart of the BTC\/USD pair (knowledge feed from Kraken).<\/li>\n<li>The pair may dip once more if it trades under the $68,400 and $68,000 ranges.<\/li>\n<\/ul>\n<h2 id=\"ftoc-heading-1\" class=\"ftwp-heading\">Bitcoin Price Dips Again<\/h2>\n<p>Bitcoin worth failed to stay steady above the $70,000 zone. BTC began a contemporary decline and traded under the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-bleeds-lower-65k-2\/\" target=\"_blank\">$69,200 support zone<\/a>. There was a push under $69,000.<\/p>\n<p>The worth dipped under the 38.2% Fib retracement stage of the upward transfer from the $65,072 swing low to the $70,935 excessive. Besides, there was a break under a bullish development line with help at $69,500 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>Bitcoin is now buying and selling close to $68,400 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-bleeds-lower-65k\/\" target=\"_blank\">100 hourly simple moving average<\/a>. If the worth stays steady above $68,000, it may try a contemporary improve. Immediate resistance is close to the $68,800 stage.<\/p>\n<figure id=\"attachment_881662\" aria-describedby=\"caption-attachment-881662\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/Bitcoin_285030.png\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"size-full wp-image-881662\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/Bitcoin_285030.png?resize=1024%2C509\" alt=\"Bitcoin Price \" width=\"1024\" height=\"509\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/Bitcoin_285030.png?w=1835 1835w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/Bitcoin_285030.png?w=750 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/Bitcoin_285030.png?w=768 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/Bitcoin_285030.png?w=860 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/Bitcoin_285030.png?w=1536 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/Bitcoin_285030.png?w=360 360w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/Bitcoin_285030.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" loading=\"lazy\"\/><\/a><figcaption id=\"caption-attachment-881662\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\">BTCUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>The first key resistance is close to the $69,500 stage. An in depth above the $69,500 resistance may ship the worth additional increased. In the said case, the worth may rise and check the $70,000 resistance. Any extra positive factors may ship the worth towards the $70,500 stage. The subsequent barrier for the bulls might be $72,000 and $72,500.<\/p>\n<h2 id=\"ftoc-heading-2\" class=\"ftwp-heading\">More Losses In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $69,500 resistance zone, it may begin one other decline. Immediate help is close to the $68,200 stage. The first main help is close to the $68,000 stage or the 50% Fib retracement stage of the upward transfer from the $65,072 swing low to the $70,935 excessive.<\/p>\n<p>The subsequent help is now close to the $67,350 zone. Any extra losses may ship the worth towards the $67,350 help within the close to time period. The foremost help now sits at $66,500, under which BTC may battle to recuperate within the close to time period.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now gaining tempo within the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now under the 50 stage.<\/p>\n<p>Major Support Levels \u2013 $68,000, adopted by $66,500.<\/p>\n<p>Major Resistance Levels \u2013 $69,500 and $70,000.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-faces-another-rejection-71k\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin worth failed to remain above $70,000 and began one other decline. BTC is now buying and selling under $68,800 and may lengthen losses within the close to time period. Bitcoin is slowly shifting decrease under $69,500 and $69,200. The worth is buying and selling close to $68,400 and the 100 hourly easy shifting common. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":90551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[20,845,948,548,110,2809,1761],"class_list":{"0":"post-90549","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market","8":"tag-bitcoin","9":"tag-faces","10":"tag-fades","11":"tag-momentum","12":"tag-price","13":"tag-rejection","14":"tag-upside"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/90549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=90549"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/90549\/revisions"}],"predecessor-version":[{"id":90550,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/90549\/revisions\/90550"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/90551"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=90549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=90549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=90549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}