Bitcoin Market Outlook: February 26th (2026)

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 As mentioned in my previous post, we saw a bounce around the 62.5K level for Bitcoin. However, since this is on a monthly time frame, it’s unrealistic to expect an immediate, massive rally. Therefore, I plan to take profits (TP) near the 73K mark.

The market will always give us another entry for a long position. You must not let the "market makers" play with your psychology. While I believe 59K–60K was the bottom of the first wave, there is always a possibility that this low could be breached. I’m unsure how far this upside will go, but please be cautious as there is significant resistance above.

Currently, the price has broken above the short-term Moving Averages (MA) on the daily chart as they were trending down. This makes the long side look more favorable than the short side for now. For those already in long positions, the key factor will be how well the price holds these broken MAs as support.

Right now, BTC is sideways after hitting the resistance of the parallel channel I drew. If it breaks above this channel and flips it into support, I plan to set my Stop Loss (SL) at that level.




Whether it’s stocks, crypto, or forex, nothing is 100% certain. Always trade with the mindset that the market could move against your position.

I hope this perspective was helpful to you all. Thank you!

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