Bitcoin Rebounds from $63K Lows: Short Correction or Sustainable Rally Starting? – BTC TA February 25, 2026

Source: TradingView

When looking for potential bottoms, one factor can often be the very long tail of a weekly candle. The very long tail that shot down to $60,000 reveals that buyers stepped in and bought heavily, not allowing the price to settle for more than an instant at this level. This tail measures at a length of more than $10,000.

The next bottoming tail that has anything like a similar length is the one that fell through the bottom of the 8-month bull flag of 2024. That said, there is one other very long tail, but it didn’t mark the bottom, and that was in the middle of the first big falling wedge pattern.

This monster measured a length of $16,000. It could also be argued that this particular hammer candle did in fact augur the coming W bottom pattern that lifted the $BTC price out of that wedge and eventually up to the all-time high.

Finally, while not wishing to get ahead of oneself and declaring a bottom before time, the Relative Strength Index (RSI) in this weekly time frame is showing that the indicator line has reached a depth which is very close to the lowest level recorded in the 2022 bear market, which also happens to be the lowest point at any time in the history of Bitcoin up to now.

To set the record straight, there is always the possibility of one more leg down in order to grind the bulls into the dust and achieve that absolute last capitulation that bear market bottoms demand.

That said, will there be a bounce from there? There may be a v-shaped recovery, or there may be a few weeks or months of bottom grind, but that bottom is either here or it’s coming soon – at least that’s what the above chart is suggesting.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.