Analyst: BTC Range Tightening Could Trigger Strong Momentum Move

BTC-1,53%

OG coin remains compressed between $66K and $72K, with steady positioning increasing the odds of a sharp breakout move.

Bitcoin is rotating within a defined bracket, and pressure is building. Sellers keep rejecting moves near $72,000, while buyers defend the $66,000 area. According to analyst DaanCrypto, this compression phase could soon lead to a strong momentum move.

BTC Enters Volatility Squeeze Phase With Breakout in Sight

Bitcoin is trading within a narrowing range, with the price failing near $71,000–$72,000. This shows sellers are actively defending that area. At the same time, dips toward $66,000–$67,000 continue to attract buyers, preventing a deeper drop.

Because highs are getting lower and lows are getting higher, price swings are shrinking. That pattern usually signals volatility compression, meaning the market is coiling up.

Rallies are losing strength a bit earlier each time, while sell-offs are being absorbed near support. In addition, volume has declined during this sideways move, which suggests traders are waiting for a clear breakout before committing heavily.

Looking at the BTC chart, volatility indicators confirm the slowdown as Bollinger Bands have tightened compared to early February. When the bands narrow, it means the price is moving less aggressively.

_Image Source: _TradingView

Bitcoin is trading near the middle and lower end of the band range. The middle line sits near $66,800, with the upper band around $67,700 and the lower band near $65,800. Tighter bands usually signal that the price is compressing before a larger move. Recent sharp swings have cooled after the earlier liquidation event.

On the other hand, derivative data indicate that positioning remains controlled. Total open interest sits at 664,700 BTC, roughly $44.16 billion. Open interest declined 0.12% on the 1-hour timeframe.

Meanwhile, it rose 0.40% on the 4-hour and 0.15% over 24 hours. These changes are small, meaning traders are not aggressively adding new positions.

Bitcoin Tests Patience Inside Critical Price Bracket

The lack of aggressive open interest growth during compression suggests that leverage is not crowded. That reduces immediate squeeze pressure in either direction. However, a breakout supported by rising volume and expanding open interest could produce stronger continuation.

According to DaanCrypto, Bitcoin has been trading between $66,000 and $72,000 for some time. When price stays in a tight range like this, pressure builds. As such, the longer it moves sideways, the odds of a meaningful expansion move increase.

$BTC Chopping around. Lower highs and higher lows.

Eventually this compression will lead to a breakout. The longer we spend in this area, the larger the breakout will be.

It doesn’t hurt to patiently wait for confirmation of that break and then hopping on to the momentum which… pic.twitter.com/cogVHF5QPO

— Daan Crypto Trades (@DaanCrypto) February 18, 2026

Based on recent volatility patterns, a breakout could lead to a 5%-10% move in either direction. A clear move above $72,000 would favor buyers and suggest upside continuation. A drop below $66,000 would return control to sellers and open the door to further downside.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Miner address "3PFNdg" selling 265.19 BTC, worth $18.06 million

Gate News, April 7, according to Lookonchain monitoring, the miner address "3PFNdg" sold 265.19 BTC 1 hour ago, worth $18.06 million. It is reported that the last time this miner address sold Bitcoin was 2 years ago.

GateNews29m ago

“Insiders Dumping Everything Except Oil” Claim Hits Tape: BTC, PI, And XRP Reaction

A viral post claimed insiders were liquidating assets except for oil, reflecting traders' concerns about geopolitical tensions and macroeconomic stress. The narrative highlights oil's resilience amid cautious sentiment in crypto markets like BTC and XRP, impacted by factors like Trump's Iran threats.

LiveBTCNews53m ago

BlackRock extracts 2,607 BTC and 28,391 ETH from a certain custody platform

Gate News message, on April 7, according to Lookonchain monitoring, BlackRock withdrew 2,607 BTC (worth $177.56 million) and 28,391 ETH (worth $59.00 million) from a certain custody platform.

GateNews57m ago

Willy Woo: Energy is the only path to forging hard currency, and Bitcoin is built on that.

Gate News message, April 7, a well-known Bitcoin analyst Willy Woo recently responded to a post questioning that “Bitcoin consumes too much energy.” He said there are only three ways to ensure the safety of a currency’s ledger: relying on physical atoms (like gold), depending on energy consumption (like Bitcoin), and building on social/political consensus (like fiat currency). Willy Woo emphasized that energy is the only path to forging an absolute hard currency, and physical atoms are not scarce.

GateNews1h ago
Comment
0/400
No comments