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Today, on February 23, 2026, the bitcoin rate BTC $79,998.10 Bitcoin 2.13% Market capitalization $1.61 trillion VOL. 24 hours $1.37 billion has plummeted, failing to stay above the $ 68,000 mark. The drop was more than 5%, after which the price consolidated in the range below 66 thousand and demonstrated difficulties with recovery.
The decline was accompanied by a breakout of the $ 66,500 support level and a drop to a low of $ 64,203. Technical analysis shows that BTC is trading below the 100-hour simple moving average, and the MACD and RSI indicators are in the bearish zone.
The nearest support levels are at $ 64,500 and $ 64,200. If they are broken, the price could drop to $ 63,500 and even $ 62,850. The main support remains at 62,000, below which recovery will be much more difficult.
On the resistance side, the key levels remain $ 66,000 and $ 66,500. Only a consolidation above these levels can open the way to $ 67,000−67,600, and then to $ 68,000−68,500.
Thus, the market is in a phase of uncertainty: bitcoin is consolidating losses after a sharp drop, and the coming days will show whether it can hold key support levels or continue to decline to lower price zones.