Bitcoin Stumbles to $66,000 Today: Could a Weekly Golden Cross Spark a Sudden Comeback?

Updated
February 19, 2026
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Gambar Bitcoin Stumbles to $66,000 Today: Could a Weekly Golden Cross Spark a Sudden Comeback?

Jakarta, Pintu News – On February 18, the price of Bitcoin was briefly stuck at around $67,000 after experiencing a sharp correction from its high at the end of 2025. Interestingly, this price area is now supported by two aligned technical factors: the monthly CME(Chicago Mercantile Exchange) liquidity zone and a positivegolden cross signal on the weekly stochastic indicator which now serves as a support base.

Then, how will the Bitcoin price move today?

Bitcoin Price Drops 0.28% in 24 Hours

Bitcoin took a brief breather on February 19, 2026, slipping by a marginal 0.28% to settle around $66,864, or IDR 1,137,330,625. Over the course of the previous 24 hours, BTC saw its price swing between a floor of IDR 1,118,139,223 and a ceiling of IDR 1,154,196,452.

This slight pullback in price was accompanied by a quiet down in trader activity, as 24-hour volume dropped 2% to IDR 610.95 trillion, supporting an overall market valuation of IDR 22,604 trillion.

Read also: How to Play Crypto for Beginners Safely in 2026

CME Futures Bitcoin Price Tests $67,000 Liquidity Zone

Bitcoin futures (CME Futures) are now in a decisive phase. On the monthly chart, the price is playing around $67,800, falling into the high-volume liquidity area. According to X analyst Cantonese Cat, this area between $60,000 and $72,000 is a historical zone where traders used to accumulate a lot of their assets.

We know that Bitcoin has just corrected quite deeply from its peak in the early $100,000s at the end of 2025. This decline changed the direction of the market from a very aggressive rise to a more creeping consolidation phase around this liquidity zone.

Interestingly, the high trading volume at the current level indicates a strong tug-of-war between buyers and sellers. The monthly candlesticks also leave shadows/tails(wicks) in this area, which proves that the $67,000s level is being severely tested and is not easily broken.

The good news, according to Cantonese Cat, is that this defense zone is still quite solid. If this foothold is strong, there is a great chance for Bitcoin to bounce up to retest the $87,000 level. However, the challenge is not over yet; there is a wall of resistance in the form of a thick stack of sell queues above $70,000.

Bitcoin needs extra energy to break through this wall if it wants to return to a full bullish path.

Read also: 5 Catalysts that Could Push Dogecoin to $0.20 by February 2026

Golden Cross Signal Appears on Weekly Chart

Bitcoin’s movement is slowly stabilizing around $68,115 on the weekly chart. According to crypto watcher CryptosBatman, there is good news from the technical side: the stochastic indicator has just scored a golden cross. This indicates that the selling pressure that had brought BTC down from the early $100Ks to the $60Ks is starting to run out of gas.

Here are some important technical points from the current move:

  • Favorable Historical Pattern: In the past 6 months, a similar golden cross pattern has appeared twice and has always triggered a price rebound of 15% – 21%.
  • Consolidation Phase Maintained: BTC is currently moving sideways within the $63,500 – $75,000 price box. The appearance of long lower tails(wicks) around $60K proves that the support in the area is very strong and buyers are resisting the price to drop further.
  • Momentum Reset, Not a New Bull-Run: This stochastic crossover occurred in an oversold area and the position is still below. This means that it is more of a temporary sigh of relief(momentum reset) rather than a signal that the trend has completely reversed.

The next challenge for Bitcoin is to break the resistance level that awaits above the current price if it wants to continue the rebound.

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*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.

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