📊 2026-02-28 BTC Technical Analysis (Midday Update)
Current Price: approximately $65,500, 24h decline -2.82%, intraday low $64,875
1. Trends and Structure
- Daily Chart: Bearish dominance, down for 5 consecutive months, February decline about 14%; price is operating within the lower band of the Bollinger Bands, all moving averages (EMA/SMA) are above the price, indicating a bearish alignment
- 4-Hour Chart: Weak oscillation, decreasing bearish volume, no clear trend momentum; range $64,300–$68,400
- Weekly Chart: Critical break level, 200-week EMA lost ($67,628), long-term upward trend
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