Bitcoin began an assault below the 200-week exponential moving average in fresh signs of upward BTC price momentum at the start of the US session.
Bitcoin (BTC) hit $67,000 at Wednesday’s Wall Street open as bulls shook off fresh US tariff pledges.
Key points:
Bitcoin enjoys a sustained rebound as BTC price action rises above $67,000.
A key long-term trend line now comes back into view, with the weekly close in focus.
Gold analysis reveals a developing RSI divergence with Bitcoin.
BTC price sets up rematch with 200-week trend
Data from TradingView showed daily BTC price gains hitting 4.5% as a local rebound continued.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
Bitcoin appeared unfazed by an announcement from US Trade Representative Jamieson Greer over 15% tariffs, which may become reality “within the coming days.”
“So right now, as we talked about, 10% is in place. There will be a proclamation raising it to 15% where appropriate,” he told Bloomberg.
Tariff headlines often spark volatility in crypto markets, with their impact nonetheless cooling in recent months.
Already enjoying respite from sustained selling pressure, BTC/USD thus approached a key long-term level in the form of the 200-week exponential moving average (EMA).
As Cointelegraph reported, BTC price losing the level as support has become a classic bear market signal.
Commenting, trader and analyst Rekt Capital repeated analysis from earlier in February, suggesting that the upcoming weekly close should be above the 200-week EMA, now at $68,330.
BTC/USD one-week chart with 200 EMA. Source: Cointelegraph/TradingView
Trader Castillo Trading also eyed weekly time frames, with a potential upside target near $74,500, Bitcoin’s 2025 yearly lows.
Still watching the same Weekly structure on $BTC.
Nice start on the bounce, and if this continues to hold as a support level a good re-test and potential short could be that 2025 Yearly Lows level around $74,492.#Bitcoin https://t.co/olaw6RO9Kr pic.twitter.com/NYHWSu8d5q
— Castillo Trading (@CastilloTrading) February 25, 2026
Bitcoin teases RSI bullish divergence versus gold
As gold ranged above…
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