7 Bitcoin Movement Facts: Holding at Rp1.18 Billion, Testing Rp1.22 Billion or Going Down Again?

Jakarta, Pintu News – Bitcoin’s crypto price is back in the spotlight after managing to stay above the USD70,000 level. Despite experiencing sharp selling pressure earlier, the price movement is now entering a crucial consolidation phase. For cryptocurrency investors, this condition marks an important moment to understand the market direction in the short term.

1. Bitcoin Stabilizes Above USD70,000

Bitcoin (BTC) is currently trading steadily above USD70,000 or around Rp1.18 billion. This price is holding after recovering from the lowest level in the range of USD60,500.

The stable prices indicate that selling pressure is starting to ease. However, the market is not yet fully convinced to push prices higher in the near future.

Also Read: 5 Fun Facts: Bitcoin Often Rebounds in February – Lessons from Historical Data

2. Recovery from USD60,000 Zone

Previously, Bitcoin was depressed to close to USD60,000 or around Rp1.01 billion. From that point, the price began to rise and broke through several important resistance levels.

This rise took BTC past USD68,500 and broke the short-term downtrend. This movement gave an early signal that buying interest still exists in the crypto market.

3. USD72,000 Area to Set the Course

The level of USD72,000 or around Rp1.22 billion is now a major resistance. This area coincides with an important Fibonacci level from the previous decline.

If Bitcoin is able to break and stay above that level, further upside opportunities are open. The next target is in the range of USD73,200 to USD75,500.

4. Correction Risk Still Lurks

Despite holding above USD70,000, downside risks have not completely disappeared. If the price fails to break USD72,000, the potential for a short-term correction remains.

The closest support is at USD68,500 or around Rp1.16 billion. If this level is broken, pressure could continue to USD67,200 to USD65,000.

5. Technical Indicators Show Mixed Signals

Technically, the Relative Strength Index (RSI) indicator is above the 50 level. This shows that the bullish momentum is still holding, although not yet strong.

However, the MACD indicator on the hourly timeframe is still in the bearish zone. This reflects a crypto market that is still unsure of its next direction.

6. Consolidation is the Critical Phase

Bitcoin’s current movement tends to be sideways in a narrow range. This consolidation phase often occurs before major movements, both up and down.

For beginner investors, this period demands patience. Significant price changes usually appear after the market gets a new catalyst.

7. Overview for Cryptocurrency Investors

Bitcoin is at a crucial point between the continuation of the uptrend or further correction. The USD72,000 level is a psychological limit that market participants are very concerned about.

Understanding support and resistance areas helps crypto investors manage risk. In volatile conditions like these, a rational approach is needed rather than excessive speculation.

Also Read: 5 AI Perspectives: Will XRP Fall Below $1 in February 2026?

Follow us on Google News to stay up to date with the latest crypto and blockchain technology. Check Bitcoin price, USDT to IDR and Nvidia stock price tokenized via Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading the Pintu crypto app via Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Aayush Jindal / NewsBTC. Bitcoin Price Cools Above $70K, Breakout Battle Near $72K Looms. Accessed February 9, 2026.