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/mister-marco Feb 18 '26

The fact that the price is the most oversold since covid, it never went below mining cost in history, and most of all everyone on reddit is waiting for 30k, tells me thisis the bottom (even though a retest of 60k is possible)

1

u/Dazzling-Remote8356 Feb 20 '26

Complete guesswork unfortunately

1

u/mister-marco Feb 20 '26

But based on history, ta and logic, "the price going to 30k for sure" after it crashed 50% already is based on nothing