BTC Market Analysis 2026.02.16 2.5 hinted at another drop, and once the violent wick closes, the oversold rebound will begin. After that, BTC dropped to 60K on 2.6 and started rebounding, hitting a rebound high of 72,200 before pulling back. As mentioned in yesterday’s video, we’re not yet considering the oversold rebound to be over. Here’s how BTC might move next: Red route: 65,100–70,971 is still part of the correction. If we simply view it as an ABC structure, this would be the B rebound, followed by a C wave drop. The correction endpoint will be below 65,100 but not lower than 60K. Once the correction endpoint is found this week, BTC will continue to rise. The green zone shown in the chart is the possible rebound endpoint. Blue route: The correction from last night’s 70,971 drop is forming a converging structure. If 65,100 isn’t broken, the correction will end. Under this route, BTC’s rebound high will be higher than the red route. The commonality between the red and blue routes is that both view the move down from 72,200 as a pullback rather than a new downtrend. The difference lies in the depth of the pullback, its duration, and the height of the subsequent rebound endpoint. Everyone should pay attention to BTC’s movement this week. After the rebound starting at 60K is completed, BTC will continue to drop into mid-to-late March.