Bitcoin Price Prediction for February 24, 2026

Bitcoin (BTC) is once again showing notable price movements today, February 24, 2026. As the world’s largest cryptocurrency by market capitalization, every move in Bitcoin continues to attract strong attention from investors and traders, including those in Indonesia.

Daily price analysis has become increasingly important to gauge short-term trend direction, especially after the recent consolidation phase begins to signal potential new momentum. With market volatility still present, understanding key support and resistance levels, as well as trading volume, is essential for making more informed decisions.

In this article, we review Bitcoin’s latest price performance, technical analysis, and price outlook for February 24, 2026, based on Market data from Bittime.

Key Takeaways

• Bitcoin remains in consolidation around US$67,200–US$68,200 with momentum that is neutral to slightly weak.
• Resistance US$68,500 and support US$66,800 are the key levels that will determine the next direction.
• A breakout on high volume could lead toward US$70,000, while a breakdown risks a correction to US$65,000–US$66,000.
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Track the latest Bitcoin price and start trading BTC/IDR easily on Bittime now.

Bitcoin Price Performance Today

Below is a brief snapshot of BTC’s movement against the Indonesian Rupiah:

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

Also read: Dolomite Price Forecast (DOLO): Trend & Sentiment Analysis

Historical Bitcoin Price Movement

In recent weeks, Bitcoin briefly broke above the US$70,000 area and extended its rally before pulling back into the current consolidation zone.

The US$70,000 level now serves as an important psychological zone. If price can hold above this area again, the medium-term bias remains potentially bullish.

Important Areas to Watch:

• Major resistance: US$75,000 – US$78,000
• Strong support: US$70,000 – US$72,000

As long as the price remains above US$70,000 in the medium term, the market structure stays relatively healthy.

Also read: Polyhedra Network (ZKJ) Price Forecast: Short to Long Term 

Bitcoin Price Analysis Today – 23 February 2026

Bitcoin is currently consolidating in the US$67,200–US$68,200 range with momentum that remains neutral to slightly weak. Price action is mostly sideways after a mild selling pressure earlier.

Trading volume has not shown a significant spike, so the directional move remains confined to a short-term range.

Key Levels BTC/USD

• Nearest resistance: US$68,200 – US$68,500
• Strong support: US$66,800

Unless volume increases substantially, BTC may remain range-bound. If the US$66,800 support is broken under heavy selling pressure, the risk of a deeper correction rises.

Bitcoin Price Forecast 24 February 2026

The forecast for 24 February 2026 expects Bitcoin to move within the range US$72,000–US$74,000, with a chance to test US$75,000 if buying volume continues to rise and global market sentiment remains positive.

However, if profit-taking occurs, price may dip temporarily to the support area US$70,000–US$71,000 before resuming the next move.

Overall, the market structure still leans bullish as long as price holds above US$70,000.

Also read: Obol (OBOL) Price Forecast: Short, Medium, and Long Term 

Factors Affecting Bitcoin Price

For the short term, BTC is expected to trade in a limited range.

Global Market Sentiment

Risk assets remain under pressure in general, which affects buying interest in crypto.

Trading Volume

Declining volume indicates traders are not aggressively taking new positions.

Macro Conditions

Interest rate policies, inflation data, and global economic conditions remain primary drivers of BTC direction.

Also read: Maduro Memes (MADURO) Price Forecast: Chart Analysis & Potential 

Potential Scenarios

Bullish Scenario

If buying volume rises and BTC convincingly breaks above US$68,500, a rebound toward US$70,000 could follow.

Bearish Scenario

If price falls below US$66,800, a correction toward US$65,000–US$66,000 is possible.

Overall, the market is awaiting a strong catalyst to define the next trend direction.

Conclusion

Bitcoin is currently trading around Rp1.15 – Rp1.18 billion with a consolidation pattern below US$68,500.

Until a strong breakout accompanied by heavy volume appears, price action is likely to remain sideways. The US$66,800 support is a critical level to defend to avoid deeper corrections.

Crypto volatility remains high, so risk management and monitoring trading volume are essential when making trading decisions.

How to Buy Crypto on Bittime?

Want to trade or sell? buy Bitcoin and invest in crypto easily? Bittime is ready to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures transactions are secure and fast.

Start by registering and verifying your identity, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check rates BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to follow today's market trends in real time on Bittime.

Also visit Bittime Blog for more updates and educational content about crypto. Find reliable articles on Web3, blockchain technology, and digital asset investment tips designed to expand your crypto knowledge.

FAQ

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

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

Why can Bitcoin’s price differ across exchanges?

Price differences arise due to liquidity, trading volume, spreads, and supply-demand dynamics 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 rises, while resistance is a level that caps gains due to increased selling pressure.

Does a sideways phase mean the trend will soon change?

Not necessarily. Sideways action indicates consolidation. Breakouts typically occur when accompanied by volume and strong momentum.

How to monitor Bitcoin prices in real time?

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

Disclaimer: This content is for educational and informational purposes only. We are not financial advisors. Crypto investments carry high risk and may result in losses. Do your own research before investing. All decisions are the user's responsibility.