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Bitcoin Price Prediction: Is BTC Heading for $60K After Rejection at $70K?

Bitcoin BTC Analysis

Feb, 11, 2026

< 1 min read

by Shayan Markets

for CryptoPotato

Bitcoin Price Prediction: Is BTC Heading for $60K After Rejection at $70K?

AI Overview

Bitcoin faced resistance at $70K and encountered selling pressure, leading to a consolidation phase above the $60K support zone. The price action indicates potential fluctuations as it tests critical resistance levels.

Bearish

Bitcoin encountered renewed selling pressure at the key $70K resistance level, resulting in a clear rejection. As a result, the price action has transitioned into a consolidation phase above the critical $60K support zone, with further fluctuations likely in the near term.

Bitcoin Price Analysis: The Daily Chart

On the daily timeframe, BTC’s rebound from the $60K demand region stalled at the $70K resistance, where sellers regained control. This level closely aligns with the midline of the descending channel, reinforcing its technical significance. A decisive break above this dynamic boundary would be required to restore bullish momentum.

Read the article at CryptoPotato