These 3 Key Levels of Bitcoin Will Determine BTC to Break Rp1.18 Billion or Fall Far!

Jakarta, Pintu News – Bitcoin price movement BTC1.33%->Current BTC PriceRp 1,133,157,8751.33% Market CapRp 22,926 Trillion Trading VolumeRp 611.82 Trillion Circulating SupplyRp 19,990,746 today, Friday, February 20, 2026, is observed to be entering a fairly tight consolidation phase after experiencing a slight correction in the last few days.

The world’s number one cryptocurrency is looking to maintain its position above crucial psychological support levels amid global market fluctuations. Although selling pressure from miners andwhales is still present, accumulation sentiment from institutional investors gives hope of a potential breakout to higher levels in the near future.

BTC Price Analysis: Surviving the Storm of Correction

In trading this morning, Bitcoin (BTC) was trading in the range of $67,100 or equivalent to Rp1,133,117,700. The price briefly touched a daily low of $65,650 before finally returning slightly higher and consolidating above the $66,500 area. Current market conditions show that Bitcoin (BTC) is still struggling below the 100-hour moving average line (SMA) which indicates that there are strong enough technical barriers for buyers to push prices further upwards.

There is adeclining channel pattern formed on the hourly chart with the main resistance point at $67,400 or about Rp1,138,183,800. The success of Bitcoin (BTC) to settle above this level will be an early signal of recovery towards the next target of $68,000. If the buying strength continues to increase, it is not impossible that the price will test the $68,800 area again in a short time, which will pave the way for a bigger rally towards the new psychological mark.

Also Read: Warren Urges Fed and Treasury to Reject Crypto Billionaire Bailout, Afraid to Favor Trump?

BTC Prediction: Will it Break Rp1.18 Billion?

Many market analysts are now highlighting the $70,000 level as a crucial threshold that must be broken to confirm the end of the short-term correction phase. If Bitcoin (BTC) is able to make a daily close above $70,000, then bullish sentiment is predicted to dominate the overall market again. However, investors should still be aware of the risks if the price fails to break the nearest resistance, as it could trigger a new wave of decline towards the lower support area.

The main support level is currently observed at $65,650 or Rp1,108,631,550, which if broken could lead the price to slide down towards $64,500. Technical analysts warn that a price close below the zone would be a danger signal for the recovery of the cryptocurrency market in the medium term. Therefore, a strict risk management strategy is highly recommended for active traders to anticipate the high volatility that often occurs when prices are in consolidation areas like now.

Investment Strategy Amid Macro Uncertainty

Global macroeconomic conditions and interest rate policy from the United States central bank remain the main external factors affecting Bitcoin’s (BTC) movement this year. Amid mixed inflation reports, many investors have turned to dollar-cost averaging strategies to minimize the risk of sudden price fluctuations. Bitcoin’s (BTC) market dominance of over 58% suggests that the digital asset remains a top choice for those seeking hedging amid global monetary uncertainty.

It’s important to keep an eye on important economic data releases and fundamental news related to institutional adoption which can be a positive catalyst for prices. Despite Peter Schiff’s stern warning of a drop to $20,000, the majority of technical analysts still see the current market structure as a healthy correction phase in a long-term uptrend. By staying disciplined with your investment plan and paying attention to key technical levels, you can navigate the crypto market with more confidence in 2026.

Also Read: Tron (TRX)’s Glory in 2026: King of Transactions and Digital Payment Infrastructure

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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.

Reference:

• Aayush Jindal. Bitcoin Price Tightens Range Near Highs Ahead Of Potential Surge. Accessed February 20, 2026.
• Christian Encila. Winter Won’t Last – Bitcoin’s Next Season Is Near, Michael Saylor Says. Accessed February 20, 2026.
• AsatuNews. Crypto Price Update February 20, 2026: Bitcoin Stands at 66 Thousand Dollar Level, Tron Leads the Gain. Accessed February 20, 2026.