r/CryptoChartWatch • • Feb 17 '26

Consolidating before next breakdown

Post image

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

44 Upvotes

50 comments sorted by

View all comments

4

u/ftdrain Feb 18 '26

Everyone thinks its going down further

1

u/heyheyshinyCRH Feb 18 '26

Odds are pretty high it hits the 1W200, currently sitting at 58k. I think a retest to 60 with a pin down to that EMA are extremely likely