empty
 
 
26.02.2026 01:28 PM
Trading Signals for BITCOIN (BTC/USD) on February 26-28, 2026: buy above $68.750 (21 SMA - 3/8 Murray)

This image is no longer relevant

Bitcoin is trading around $68,348, following a positive bias, but the H4 chart shows signs of exhaustion in the bullish momentum.

Since Bitcoin reached the lower band of the downtrend channel around $62,500, which also coincided with the 2/8 Murray, the cryptocurrency gained strong momentum, rebounding to $69,700. However, BTC was unable to consolidate above the psychological level of $70,000, and now a technical correction is likely to occur.

If Bitcoin falls below the 3/8 Murray located around $68,550, it could be seen as a signal to open short positions with targets at the 21 SMA around $65,799 and finally at the 2/8 Murray of $62,500.

A consolidation above the psychological level of $70,000 could allow Bitcoin to continue rising until it reaches the 200 EMA around $73,500. BTC could eventually reach the 4/8 Murray around $75,000.

The Eagle indicator is showing a positive signal, so we will look for opportunities to continue buying BTC/USD in the coming days if the price consolidates above $65,000.

Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Dimitrios Zappas
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback