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Bitcoin's Weekly Outlook: Bearish but Resilient?
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Greetings, Binance traders!
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As of Feb 16, 2026, BTC at $68,000 after 50% drop from Oct highs. RSI below 30 (oversold), EMAs bearish. Forecast: Rebound to $74,265, then potential decline to $43,745 if support breaks. 24h: -1.5%, weekly -1.87%.
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News: Mining difficulty -11%, signaling operator exits and efficiency gains. US fund flows: Tech sector $2.34B outflows, easing overall inflows. Crypto ETFs - $1.34B, tying to macro caution.
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Analysis: BTC outperforms alts, down 22.9% vs. market. Value: Use oversold signals for entries—Binance spot for long holds!
#BitcoinForecast #CryptoInsights 🚀