Bitcoin Price Prediction for February 17, 2026

Bitcoin (BTC) has once again shown interesting price movements heading into mid-January 2026. As the cryptocurrency with the largest market capitalisation, Bitcoin's movements remain a primary focus for investors and traders in Indonesia.

Daily price analysis is important for reading short-term trend direction, especially as the consolidation phase appears to be ending. With volatility remaining elevated, understanding market conditions is key for decision-making.

In this article we review the latest Bitcoin price performance, technical analysis, and price prediction for 17 February 2026 based on Market data from Bittime.

Key Takeaways

• Bitcoin price (BTC/IDR) today is trading around Rp1.15 – Rp1.17 billion per BTC.
• Over the last 24 hours, the price weakened by about 1–3%.
• Globally, BTC is trading in the area of US$68,000 – US$69,000, with psychological resistance at US$70,000.
• Monitor the latest Bitcoin prices and start trading BTC/IDR easily through the Bittime platform now.
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Monitor the latest Bitcoin prices and start trading BTC/IDR easily via the Bittime now.

Bitcoin Price Performance Today

Below is a brief snapshot of BTC/IDR price movements:

Note: Prices may vary across exchanges due to differences in liquidity and market spreads.

Read also: Dolomite (DOLO) Price Prediction: Trend & Sentiment Analysis 

Historical Bitcoin Price Movement

In recent weeks, Bitcoin recorded a strong rally before experiencing a significant correction. After failing to hold above the psychological level of US$70,000, selling pressure increased and pushed the price down towards the US$60,000 area.

Currently, the price structure indicates a consolidation (sideways) phase below major resistance. Patterns like this often occur after sharp moves, as the market requires time to decide the next trend direction.

Key areas to watch:

• Major resistance: US$70,000 – US$72,000
• Strong support: US$63,000 – US$65,000

While the price remains within this range, volatility is likely limited but can increase at any time.

Read also: Polyhedra Network (ZKJ) Price Prediction: Short-term to Long-term 

Bitcoin Price Analysis Today – 16 February 2026

Technically:

• Short-term trend: Sideways with a weak bias
• Momentum: No clear strong breakout signal yet
• Volume: Falling, suggesting the market is waiting for a new catalyst

This consolidation may be an accumulation phase before the next major move — either up or down.

Bitcoin Price Prediction — 17 February 2026

The Bitcoin price forecast for 17 February 2026 is expected to remain in a consolidation phase around US$69,000–US$70,000, with limited upside potential toward US$71,000–US$72,000 if volume and sentiment improve. If selling pressure resumes, price may dip first to support around US$67,000–US$68,000 before attempting a rebound. Overall, short-term movement is likely to stay sideways while awaiting a stronger market catalyst.

Read also: Obol (OBOL) Price Prediction: Short, Medium & Long Term

Factors Affecting Bitcoin Price

Global Market Sentiment

Risk assets remain under pressure overall, which affects appetite for cryptocurrencies.

Trading Volume

Declining volume indicates market participants are not aggressively taking new positions.

Macro-economic Conditions

Interest rate policy, inflation, and global economic conditions remain key factors influencing BTC's direction.

Read also: Maduro Memes (MADURO) Price Prediction: Chart Analysis & Potential

Potential Scenarios

Bullish Scenario

If BTC breaks above US$72,000 on high volume, there is potential for further upside toward US$75,000.

Bearish Scenario

If selling pressure rises and price fails to hold support, a further correction toward US$63,000–US$65,000 remains possible.

Conclusion

Bitcoin is currently trading around Rp1.15 – Rp1.17 billion with a consolidation pattern below the US$70,000 resistance. The market is still waiting for a strong catalyst to determine the next trend direction.

The US$70,000 level remains an important psychological resistance, while US$63,000–US$65,000 is the crucial support zone to watch.

Cryptocurrency market volatility remains high, so risk management and monitoring trading volume are key to making informed trading decisions.

How to Buy Crypto on Bittime

Want to buy Bitcoin and start crypto investing easily? is ready to help! As an Indonesian crypto exchange officially registered with the regulator, the platform ensures secure and fast transactions.

Start by registering and verifying your identity, then make a minimum deposit of Rp10,000. After that, you can immediately buy your favourite digital assets!

Check exchange rates for BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to see real-time market trends on Bittime.

Also visit the Bittime Blog for useful updates and educational content on Web3, blockchain technology, and digital asset investing.

FAQ

What are the main factors affecting Bitcoin’s price right now?

Bitcoin’s price is influenced by global market sentiment, interest rate policy, macroeconomic conditions, institutional flows, and trading activity on exchanges.

Why do Bitcoin prices differ across exchanges?

Price differences arise from liquidity, trading volume, spreads, and supply-demand mechanics on each platform.

What do support and resistance mean in Bitcoin analysis?

Support is a price level that tends to halt declines as buying interest increases; resistance is a level that limits rises due to increased selling pressure.

Does a sideways phase mean the trend will change soon?

Not necessarily. A sideways phase indicates consolidation. A true breakout typically requires increased volume and strong momentum.

How can I monitor Bitcoin price movements in real time?

Track Bitcoin prices via trading platforms, exchange apps, or market data services that provide live BTC/IDR charts and updates.

Disclaimer: This content is for educational and informational purposes only. We are not financial advisers. Cryptocurrency investing is high-risk and may result in losses. Do your own research before investing. All decisions are the responsibility of the user.