empty
 
 
24.02.2026 02:34 PM
Trading Signals for BITCOIN (BTC/USD) on February 24-26, 2026: buy above $62,500 (21 SMA - 2/8 Murray)

This image is no longer relevant

Bitcoin is trading around $63,156, rebounding after reaching the 2/8 Murray around $62,500. Bitcoin is likely to consolidate around this area in the coming days, as this level coincides with the lower band of the downtrend channel, which in turn acts as support.

If Bitcoin rebounds above this level in the coming hours, we could expect it to reach the 21SMA around $66,596 and could even reach the upper band of the downtrend channel around $68,750, a level that coincides with the 3/8 Murray.

A sharp break below the downtrend channel and a consolidation below 2/8 Murray could be seen as a clear signal to sell with a target at the 1/8 Murray around $56,250.

The outlook for Bitcoin remains negative as the Eagle indicator is showing bearish signals; hence, BTC is expected to reach the 1/8 Murray around $56,250 in the coming days. The instrument could even reach the psychological level of $50,000.

A recovery of Bitcoin above $68,750 may confirm a positive outlook and a return to the 4/8 Murray around $75,000.

As long as the price remains above $62,500, traders have an opportunity to buy with a target at $66,596.

Summary
Urgency
Analytic
Dimitrios Zappas
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $1000 más!
    ¡En Febrero, sorteamos $1000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback