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Just checked the latest bitcoin price today and it's sitting at $80.42K - quite a bit lower than those bullish $110K predictions we were hearing back in early 2026. Interesting how the technical setup looked so clean a few months ago with that $96,635 resistance level being talked about everywhere, but macro conditions had other plans.
Looking at where we are now, the support zone around $85K seems to be holding up decently. The RSI readings suggest there's still some room to move without getting too stretched. What's notable is the ATH is still $126.08K from late 2025, so we're not exactly at extreme lows - just caught in that choppy consolidation phase.
The thing about february 2026 predictions is they often miss the bigger picture of what happens in between. We got some volatility, regulatory noise, and macro shifts that weren't fully priced in. That said, the technical structure hasn't completely broken down. If we can hold these support levels and see some volume come back, there's still a path to test higher resistance.
Volume is running around $365M in 24h activity, which is decent but not explosive. The MACD momentum that looked so bullish before has cooled off, which tracks with the price action. For now, watching how BTC behaves around this $80-85K zone seems more important than chasing those earlier targets. Could be setting up for something interesting if we get some institutional buying pressure back.