TC #Bitcoin #Trading

ZkProofPudding · 2026-02-28T11:07:12+00:00

BTC is rebounding off support at $63.93K, showing potential for upward movement. Key support is at $68,100, which, if maintained, could lead to targets of $68,500 and higher. Monitoring for confirmation signals is essential before entering positions.

ZkProofPudding

2026-02-28 11:07:12

Abstract generation in progress

BTC bouncing off support around $63.93K (-4.04% 24h) with technical structure building toward higher levels. 15m chart shows sharp rebound from recent lows, with key moving averages (EMA7/25/99) clustering as dynamic support. Supply zone around 68,314 facing increased pressure from bid support.

Bulls stepping in at 68,100 level – this becomes critical entry zone for uptrend confirmation. Sustaining above this price point opens path toward 68,500, then 68,800 and 69,300 targets 🎯 Stop loss at 67,850 🛑

As long as 68,100 support holds, momentum suggests further expansion upside. Breaking decisively above 68,350 likely accelerates move toward 69k liquidity zones. Watch for confirmation signals before committing to positions.

BTC1,8%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.