BTC in the pressure zone: Technical analysis at 66291 indicates a critical decision

Current Price: $66,990 | 24h Change: -1.65% (Update: February 26, 2026)

Bitcoin is currently in a delicate position after the overnight outlook. Volatility persists between key technical levels that will determine the next moves, with special attention to the 66,291 point where multiple market decision points converge.

Expanding trumpet pattern on the hourly chart

The chart pattern shows a clear trumpet expansion on the hourly timeframe. The small retracement in the afternoon was confirmed at 65,846, validating that the effective support within the white frame remains relevant. After this confirmation, a significant rebound began to be observed.

The double bottom neckline is at 66,787. If the price manages to break above this critical resistance, the double bottom pattern on the hourly timeframe would be established, opening additional bullish prospects. However, if it cannot stay above 66,787, the movement will continue retracing toward 65,846 and potentially down to the lower boundary of the trumpet structure.

Key levels and effective support: From 65,846 to 67,272

Each volume-driven breakout marks a turning point. When BTC broke 66,819 with volume, the market aimed to extend the rebound to the right. Later, the bearish breakdown at 66,291 without recovery pointed toward sell operations, requiring discipline in placing stop losses.

The reference point indicated by the yellow arrow corresponds to 67,271. Only by surpassing this level would it be justified to continue observing toward 68,348, where the next relevant resistance level is located. The price at the high point marked by the white arrow in the top left reaches 68,864. Finally, the upper limit of the trumpet structure is near 70,000.

BTC that manages to break and hold above 67,272 opens the door to observe the range 68,368–69,980. If it does not surpass 67,272, the bullish validation loses relevance for now.

Breakout or retracement? Critical point analysis at 66,291

On the hourly chart, when 66,235 is broken, attention shifts to further retracements to 65,320–64,380. If BTC breaks this resistance and fails to recover, the downward move could extend until completion. Operational management at 66,291 represents one of the highest cost-benefit points for sell decisions, especially considering the current market dynamics.

4-hour outlook: Downtrend without rebound confirmation

On the 4-hour chart, the situation clearly shows a bearish trend. The section marked by the yellow arrow on the left represents this structural decline. The current context maintains this downward orientation without confirmed changes.

The neckline line marking the natural rebound high within this decline remains the critical level. Until BTC surpasses this natural rebound high, there is a latent risk of the price descending again to previous lows. Only when it breaks this natural rebound will trend change confirmation be considered active.

Risk management: Where to place your stop loss

Current volatility demands operational discipline. The closer the price stays to the natural rebound high, the more favorable the risk-reward ratio for sell operations, always respecting prudent stop loss margins.

Remember the context: we are within a structure that allows both bullish and bearish movements, but the 4-hour trend remains downward. This session closes with attention on 66,291 as a critical decision zone for BTC’s next moves.