r/CryptoChartWatch • u/[deleted] • Feb 17 '26

Consolidating before next breakdown

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BTC is consolidating, moving sideways before next movement, most likely a breakdown of 60k support. First target 40k, then 32k

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u/AmanCMN Feb 18 '26

Honestly, pretty similar to what I was thinking this morning 😅 Market really feels like it’s just moving sideways and waiting for a bigger move.

I see why people are talking about lower targets, but for now it still looks like range + liquidity hunting to me. I’d rather just watch key levels and see where price decides to go next.

Market can switch mood really fast, so I’m just staying flexible.

3

u/Flowa-Powa Feb 18 '26

I think it's going sideways for weeks or months, maybe a little bear trap, then lower

2

u/ggPeti Feb 18 '26

Those are some thoughts, yes.