$BTC today short summary good for trade or not!!!
📉 Bitcoin Today – Feb 26, 2026 (Quick Trade Summary)
Current context:
Bitcoin recently dropped as much as 2.64% to $62,858 and is now down over 19% in February, marking its worst monthly fall since June 2022
As of today, price is around $63,000–$65,000 range, after a recent 3% drop amid global tariff tensions
Technically, BTC is trading below its 20, 50 and 200-day moving averages, showing bearish momentum, with support around $60,500–$64,500
Some analysts note the recent rebound attempt after a 52% crash, with $70,000 acting as major resistance
📊 Market Structure Right Now
Trend: Short-term bearish
Support zone: $60,500–$62,000
Resistance zone: $68,000–$70,000
Volatility: High due to macro uncertainty (tariffs, global tensions)
🤔 Good for Trade or Not?
✅ Good for:
Short-term scalping (volatility is high)
Bounce trades near $60–62K support
Experienced traders using tight stop-loss
⚠️ Risky for:
Long positions without confirmation above $70K
Beginners trading without stop-loss
Large leverage positions (trend still weak)
🎯 Simple Decision Guide
If price holds above $62K → Possible short-term bounce
If price breaks below $60K → More downside likely
Strong bullish signal only above $70K
🧠 My Neutral View:
Market is still weak but attempting stabilization.
Better to wait for:
Clear bounce confirmation
OR
Breakout above resistance
If you want, I can also give:
📈 Intraday trading plan
📅 1-week outlook
💰 Long-term holding opinion
Tell me your trading style (scalp, swing, long-term).
$BTC #BTC☀ #BTCMiningDifficultyIncrease