Bitcoin (BTC) Price Analysis for February 11
Analysis
Price Impact
MedBitcoin has seen a 1.83% decline, indicating some selling pressure. the analysis suggests potential for sideways trading in the short term, but a less bullish picture on the weekly chart points to continued downward pressure if key resistance isn't overcome.
Trustworthiness
MedThe analysis is based on technical indicators across multiple timeframes from a known crypto news outlet. however, it is an opinion piece and includes a disclaimer, so it should be taken as insight rather than definitive financial advice.
Price Direction
NeutralWhile btc experienced a recent decline, the hourly chart suggests potential local support and sideways trading between $67,000-$69,000 in the very short term. a daily close above $67,313 could lead to a bounce to $70,000. however, the weekly chart shows a less bullish scenario, with continued decline likely as long as btc remains below $74,434.
Time Effect
ShortThe analysis focuses on 'by tomorrow' for sharp moves, and 'soon' for potential bounces, indicating a short-term outlook on price movements.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Despite the recent market dump, most of the cryptocurrencies are not ready to grow at the moment, according to CoinStats . Advertisement Top coins by CoinStats BTC/USD The price of Bitcoin (BTC) has declined by 1.83% over the last 24 hours. Image by TradingView On the hourly chart, the rate of BTC might have found local support at $66,351. As most of the daily ATR has passed, there are low chances of seeing sharp moves by tomorrow. You Might Also Like Tue, 02/10/2026 - 15:54 Solana (SOL) Price Analysis for February 10 By Denys Serhiichuk In this case, sideways trading in the range of $67,000-$69,000 is the most likely scenario. Image by TradingView On the longer time frame, one should focus on the daily bar's closure in terms of the $67,313 level. If a false breakout occurs, there is a chance of seeing a bounce back to the $70,000 area soon. Image by TradingView A less bullish picture can be seen on the weekly chart. In this regard, one should pay attention to the $74,434 level. Until the rate of BTC is below that mark, ongoing decline remains the most likely scenario. Bitcoin is trading at $67,155 at press time. #Bitcoin Price Prediction