BTC slide into oversold territory as macro signals mixed.

As of February 11th, 2026, both Bitcoin and Ethereum are under heavy technical pressure following sharp breakdowns from key support zones.

Bitcoin (BTC) has decisively broken below the $74K–$80K resistance cluster and sliced through the $70K support level. It got extremely oversold (RSI < 20 !) as it approached $60K support zone and bounced up. Price is now trading near $67K and it is likely to test that $60K again before it continues it's recovery to $74K. Hence, we would be buyers near that $60K level. Stop loss at $57K.