Analyst sees Bitcoin price coiling for possible 15% breakout from triangle pattern

On February 18, analyst Ali Martinez noted that Bitcoin's price action is compressing inside a symmetrical triangle just under the $70,000 zone, implying a potential 15% move up or down. The pattern features lower highs around $70,000–$72,000 and higher lows above about $64,000, with a breakout eyed toward either $78,000 on the upside or the $58,000 region on the downside. As of press time, Bitcoin traded near $67,226, while technical indicators such as the 50-day and 200-day SMAs and a 14-day RSI around 35.78 continue to point to fragile sentiment.