2026-02-17 02:12:06

Weekly Bitcoin Analysis

On the weekly chart, the 20-week MA has fallen below the 50-week MA. A similar crossover occurred in 2022, just before Bitcoin entered a deeper correction phase.
Following that signal in the previous cycle, BTC printed 9 consecutive red weekly candles.
In this cycle so far, Bitcoin has never printed more than 4 consecutive red candles, making this moment very significant.
If this week also ends in red, it will confirm continued structural weakness. The price has lost the weekly support level of $75K, opening the door to the $60K near the long-term support zone.
From here, the structure remains clear:
• Reclaiming $75K means the initial strength is returning
• Breaking $80K to aim for $100K
• Staying below important weekly MA lines indicates that downside risk remains

BTC-1,28%

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