Technical analysis by PrimexCapital about Symbol BTC on 2/26/2025

BTC/USD Timeframe: 1D Bitcoin has broken down from its recent consolidation range and is currently trading around $86,894. This signals potential bearish momentum, with price likely to test lower support zones. If BTC fails to reclaim the previous range, a deeper correction toward the $80,000-$78,000 zone is possible. A further drop could see price retesting the $74,000-$72,000 demand area. However, if bulls reclaim the breakdown level and break above the descending trendline, BTC could push back toward $91,000+, continuing the larger uptrend. Price action near current levels will dictate the next move.