Ethereum price found support near $1,922 and recovered some losses. ETH is now 
consolidating and faces key hurdles near $2,000. Ethereum is attempting a 
fresh recovery wave above $1,960. The price is trading below $1,985 and the 
100-hourly Simple Moving Average. There is a bearish trend line forming with 
resistance at $2,000 on the hourly chart of ETH/USD (data feed via Kraken). 
The pair could start a fresh decline if it stays below the $2,000 zone. 
Ethereum Price Revisits Support Ethereum price failed to stay above $2,000 and 
started a fresh decline, like Bitcoin. ETH price traded below the $1,960 and 
$1,950 levels to enter a bearish zone. Finally, the bulls appeared near 
$1,920. A low was formed at $1,922, and the price started a recovery wave. 
There was a move above the $1,950 resistance. The price surpassed the 38.2% 
Fib retracement level of the downward move from the $2,038 swing high to the 
$1,922 low. Ethereum price is now trading below $1,980 and the 100-hourly 
Simple Moving Average. If the bulls remain in action above $1,925, the price 
could attempt another increase. Immediate resistance is seen near the $1,980 
level. The first key resistance is near the $2,000 level or the 61.8% Fib 
retracement level of the downward move from the $2,038 swing high to the 
$1,922 low. There is also a bearish trend line forming with resistance at 
$2,000 on the hourly chart of ETH/USD. The next major resistance is near the 
$2,020 level. A clear move above the $2,020 resistance might send the price 
toward the $2,050 resistance. An upside break above the $2,050 region might 
call for more gains in the coming days. In the stated case, Ether could rise 
toward the $2,120 resistance zone or even $2,150 in the near term. Another 
Decline In ETH? If Ethereum fails to clear the $2,000 resistance, it could 
start a fresh decline. Initial support on the downside is near the $1,935 
level. The first major support sits near the $1,925 zone. A clear move below 
the $1,925 support might push the price toward the $1,880 support. Any more 
losses might send the price toward the $1,840 region. The main support could 
be $1,820. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing 
momentum in the bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now near the 
50 zone. Major Support Level – $1,920 Major Resistance Level – $2,000

Ethereum Price Stalls Under Resistance With Breakout Hopes Delayed

Bitcoin sits on edge again, trading below the critical $68,000 level after a 
volatile stretch that erased around 28% from its price in about a month. 
Prices are swinging hard, and that swing has pushed smart-money talk and wild 
bets into the same room. Related Reading: Bitcoin Should Be Flying—Instead, 
Quantum Risk Keeps It Grounded: Analyst Experts Offer Starkly Different Paths 
According to some investors, a deep bargain is forming. Andrew Parish, a 
serial entrepreneur and outspoken Bitcoin proponent, argues that mood matters 
— when retail traders turn gloomy, big buyers can step in and lift markets 
fast. He put a bold target on the table: $500,000 within a few years if flows 
and sentiment flip. Ric Edelman, a veteran investor, has a similar headline 
number but with a slower clock; his math rests on broad wealth moving a tiny 
slice into crypto over time. Both views hinge on steady inflows and more 
investors taking small positions in crypto. GM. Bitcoin sub $70K is a gift. 
Buy more. In three years $BTC will trade above $500K. — Andrew (@AP_Abacus) 
February 16, 2026 A Bear Case That Cuts Deep On the other side, the warning is 
loud and clear. Bloomberg macro strategist Mike McGlone has painted a much 
darker path, saying an 85% drop could be possible and that $10,000 should not 
be dismissed. Legendary Investor Ric Edelman: &#8220;I believe #bitcoin can reach 
$500,000 by 2030.&#8221; 🚀 pic.twitter.com/XNQFTbuA69 — Altcoin Daily 
(@AltcoinDaily) February 16, 2026 He points to stronger stock markets, lower 
market swings, and fading political tailwinds tied to US President Donald 
Trump as reasons capital might stay away from risky bets. Markets can be moved 
by big shifts in where money chooses to sit, and moments like this can put a 
damper on optimism quickly. Collapsing Bitcoin/Cryptos May Guide the Next 
Recession &#8211; &#8220;Healthy Correction&#8221; is what we should hear soon from stock market 
analysts (who risk unemployment if not onboard), following collapsing cryptos. 
The buy the dips mantra since 2008 may be over, here&#8217;s why: &#8211; US stock… 
pic.twitter.com/fPPc2fV3EU — Mike McGlone (@mikemcglone11) February 15, 2026 
Flows And Sentiment Matter Reports note that exchange-traded funds saw heavy 
withdrawals recently. On-chain readings flagged hundreds of millions in 
outflows in a short window. A separate fear-and-greed meter cratered to very 
low readings, signaling panic among small traders. Those two facts together 
help explain why price fell so sharply; when many try to leave, price can slip 
faster than logic expects. That said, outflows can also clear the way for a 
different type of buyer to move in later. Related Reading: What Bitcoin Rout? 
Michael Saylor Unfazed, Teases New Accumulation On Institutional Behavior &amp; 
Lofty Price Targets Meanwhile, institutional behavior will be the key 
variable. Large managers could buy when retail is jittery, and some market 
watchers point to companies that have built crypto desks as potential demand 
anchors. Despite the uncertainty, the $500,000 mark remains the headline 
grabber for bullish investors. Parish’s call captures attention because it 
ties sentiment swings to potential market moves, while Edelman’s projections 
underline how even modest allocations from global wealth could push Bitcoin 
higher over time. Featured image from Unsplash, chart from TradingView

Bitcoin To Top $500,000 By 2029? Entrepreneur Makes Bold Call

Tron founder Justin Sun told the Hong Kong conference that crypto needs to 
prepare for AGI, while a Bitcoin analyst says quantum&#8217;s threat needs to be 
priced in.

LONGTITUDE recap: Bitcoin’s 2-step quantum plan, US crypto policy

The Hyperliquid Policy Center says it will advocate on Capitol Hill for 
policies, particularly those related to perpetual derivatives and blockchain 
infrastructure.

Hyperliquid launches DeFi lobby amid ‘critical time’ for US policy

Bitcoin price corrected gains and tested the $66,000 support. BTC is now 
consolidating losses and might decline further below the $65,500 zone. Bitcoin 
is struggling to recover losses and moving lower below $67,200. The price is 
trading below $67,200 and the 100 hourly simple moving average. There is a 
declining channel forming with resistance at $68,000 on the hourly chart of 
the BTC/USD pair (data feed from Kraken). The pair might dip again if it 
trades below the $66,000 and $65,500 levels. Bitcoin Price Dips Again Bitcoin 
price failed to remain stable above the $68,000 zone. BTC started a fresh 
decline and traded below the $67,500 support zone. There was a push below 
$67,000. The price dipped below the 76.4% Fib retracement level of the upward 
move from the $65,072 swing low to the $70,935 high. Finally, the price found 
some support near the $66,000 zone. It is now consolidating losses and there 
is a declining channel forming with resistance at $68,000 on the hourly chart 
of the BTC/USD pair. Bitcoin is now trading below $67,200 and the 100 hourly 
simple moving average. If the price remains stable above $66,000, it could 
attempt a fresh increase. Immediate resistance is near the $67,350 level. The 
first key resistance is near the $68,000 level. A close above the $68,000 
resistance might send the price further higher. In the stated case, the price 
could rise and test the $68,800 resistance. Any more gains might send the 
price toward the $69,500 level. The next barrier for the bulls could be 
$70,000 and $70,500. More Losses In BTC? If Bitcoin fails to rise above the 
$68,000 resistance zone, it could start another decline. Immediate support is 
near the $66,000 level or the 83.2% Fib retracement level of the upward move 
from the $65,072 swing low to the $70,935 high. The first major support is 
near the $65,500 level. The next support is now near the $65,000 zone. Any 
more losses might send the price toward the $64,200 support in the near term. 
The main support now sits at $63,500, below which BTC might struggle to 
recover in the near term. Technical indicators: Hourly MACD – The MACD is now 
gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The 
RSI for BTC/USD is now below the 50 level. Major Support Levels – $66,000, 
followed by $65,000. Major Resistance Levels – $67,350 and $68,000.

Cryptocurrency price in USD