BTC Analysis: February 10, 2026

Bitcoin is currently in a neutral-to-bearish consolidation phase after a "V-shaped" relief bounce from the $60,000 lows. The market is struggling to maintain momentum above the $70,000 psychological barrier as institutional selling pressure offsets recent dip-buying.

Possible Next Move

The most likely short-term move is range-bound chop between $69,000 and $71,800. Traders are waiting for a decisive break;
failing to hold $70,000 could trigger a retest of the $65,000 support, while a clean daily close above $71,800 is needed to flip the narrative back to bullish.

Professional Trading Zones
Zone Type,Price Levels,Strategy/Context
Primary Resistance (Sell),"$71,760 – $72,000",Professional shorts are active here; a breakout above signals a move toward $75k.
Immediate Support (Buy),"$69,600 – $70,150",Scalp buy zone. Includes the 200 EMA on shorter timeframes.
Major Support (Value Buy),"$65,000 – $66,700",Targeted by swing traders for a more stable entry if the current range fails.
Capitulation Floor,"$60,000","The ""must-hold"" level; a breach here targets the realized price near $56k."

Note: Watch for U.S. CPI and employment data later this week, as these macro catalysts often trigger volatility that invalidates local technical levels.

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