📈 BTCUSD 3rd February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 93,658

Key Levels Relative to DCMP:

Resistances (Above 93,658): 93,744, 95,172, 96,414, 98,424, 100,097, 100,434, 101,676, 103,686, 106,449, 109,356, 110,376

Supports (Below 93,658): 93,162, 89,818, 97,750

Swing High & Low Levels 🎯

Swing High (Daily/4H): 109,356

Swing Low (Daily/4H): 97,750

Technical Snapshot 🔍

Critical Levels:

Immediate Resistance: 93,744 (Key Intraday Barrier)

Strong Support Cluster: 89,818–93,162 (Buy Zone).

Fibonacci Retracement/Extension:

Support near 89,818 aligns with 38.2% Fib retracement.

Resistance at 93,744 coincides with 61.8% Fib extension.

Momentum Indicators:

RSI: Neutral (No divergence observed).

MACD: Bearish pressure near 93,744; bullish crossover potential at 89,818.

Trade Setups 💼

Intraday Buy Trade

Entry Price: 🟢 89,818

Stop Loss: 🔴 86,000 (3,818 points risk)

Take Profit 1: 🎯 93,162

Take Profit 2: 🚀 95,172

Rationale: Strong confluence at 89,818 (Fib + swing low). MACD hints at bullish reversal.

Intraday Sell Trade

Entry Price: 🔴 93,744

Stop Loss: 🟢 96,414 (2,670 points risk)

Take Profit 1: 🎯 89,818

Take Profit 2: 🚀 86,000

Rationale: Price rejection at 93,744 (Fib + key resistance). Bearish MACD divergence confirms downside.

Summary of Key Levels 📊

Resistance Levels

93,744 (Immediate)

96,414–98,424

106,449–110,376

Support Levels

89,818 (Buy Zone) 93,162–97,750

86,000 (Downside Target)

Final Insight 🌟

BTCUSD faces a pivotal test at 93,744. A break below 89,818 could trigger a drop toward 86,000, while a surge above 93,744 opens 96,414. Trade reactions at these levels with strict risk management.