🏆 BTCUSD 5th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 97,998

📊 Key Levels

Above DCMP (Resistance): 100,097 (Intraday Sell Zone)

Below DCMP (Support): 96,170 (Intraday Buy Zone)

Swing High: 106,447 | Swing Low: 97,750

📉 Technical Snapshot

Critical Levels:

Resistance: 100,097 (R1), 104,023 (R2)

Support: 96,170 (S1), 95,088 (S2)

Technical Indicators:

RSI divergence signals potential reversal near key pivots.

MACD crossover aligns with Fib extension zones.

Fib Levels: Price action respects Fib retracement at 96,170 (38.2%) and 100,097 (61.8%).

💡 Trade Setups

📈 Intraday Buy Trade

Entry Price: 🟢 96,170

Stop Loss: 🔴 95,088

Take Profit 1: 🟡 98,573

Take Profit 2: 🟠 100,097

Rationale: DCMP consolidates above 96,170, supported by Fib confluence and bullish MACD momentum.

📉 Intraday Sell Trade

Entry Price: 🔴 100,097

Stop Loss: 🟢 102,057

Take Profit 1: 🟡 98,573

Take Profit 2: 🟠 96,419

Rationale: Strong resistance at 100,097 (weekly R1) with overbought RSI suggesting downside potential.

📌 Final Insights

Critical Zones: Watch 96,170 (buyers’ defense) and 100,097 (sellers’ barrier).

Fundamental Catalyst: Regulatory news and ETF inflows may drive volatility.