Analysts say bitcoin may face short-term downside risk

AIcoin2026/02/18 03:25

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

On February 18, analyst Yashu Gola stated that both technical and on-chain data point to short-term downside risks for bitcoin. The bitcoin daily chart shows a "bear flag" pattern; if it breaks below the lower boundary of the flag, it could drop to $56,000 within February, about 20% lower than the current level. If it breaks above the upper boundary at $72,700, it may invalidate the bearish structure. On-chain data shows that the bitcoin "whale inflow ratio" (7-day average) has risen to a historical high of 0.619, which may indicate increased selling pressure from whales. Meanwhile, the Greed and Fear Index is releasing a potential "bottoming signal," and the possibility of a rebound is accumulating.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.

华尔街见闻•2026/09/26 11:36

Analyst Gu Jingci: The market doesn't stop during the holidays. Slow movements don't mean no progress. With more patience comes greater rewards.

AiCoin•2026/09/26 11:05

RootData: BIO will unlock tokens worth about $1 million in one week

Chaincatcher•2026/09/26 09:03