Thursday February 19, 2026

Bitcoin in Technical Limbo: Healing Phase or Prelude to Another Leg Lower?

Bitcoin in Technical Limbo: Healing Phase or Prelude to Another Leg Lower?

by Jamie Redman February 19, 2026 1 min read

(Originally posted on : Bitcoin News )

Bitcoin is treading water near $66,604, caught between recovery attempts and structural hesitation. The market is stabilizing, not surging, and the charts across every major timeframe are signaling patience over bravado. Bitcoin Chart Outlook On the daily chart, bitcoin remains confined beneath the prior peak near $97,900 and continues to trade within a descending formation. […]

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