🟡 BTCUSD Daily Market Analysis - 4 February 2026

Introduction

As we analyze the BTCUSD market on February 4, 2026, the current live price of Bitcoin stands at 76399 USD. This detailed analysis will provide insights into market dynamics, utilizing various technical indicators including Fibonacci retracement levels, Exponential Moving Averages (EMA), RSI divergence, and more. By understanding these key components, traders can enhance their strategies and make informed decisions.

Market Overview

In the volatile world of cryptocurrency trading, it is crucial to examine both daily and 4-hour timeframes to gain a comprehensive view of market movements. This analysis will cover essential support and resistance levels, EMA values, and other indicators that influence trading decisions.

Current Price

• Bitcoin (BTCUSD): 76399 USD

Technical Indicators Analysis

1. Support and Resistance Levels

Daily Timeframe

• Support Levels:

  • First Support: 85960 USD (Swing Low)

  • Second Support: 90000 USD

• Resistance Levels:

  • First Resistance: 80000 USD

  • Second Resistance: 85000 USD

  • Third Resistance: 90000 USD

4-Hour Timeframe

• Support Levels:

  • First Support: 76000 USD

  • Second Support: 75000 USD

• Resistance Levels:

  • First Resistance: 77000 USD

  • Second Resistance: 78000 USD

2. Fibonacci Retracement Levels

Utilizing the Fibonacci retracement tool, we identify key levels based on the daily swing high (97942 USD) and swing low (85960 USD). The significant Fibonacci levels are as follows:

• 23.6% Retracement: 87000 USD

• 38.2% Retracement: 89000 USD

• 61.8% Retracement: 91000 USD

These levels serve as critical points for potential entry and exit strategies for traders.

3. Exponential Moving Averages (EMA)

Daily Timeframe

• EMA 50: 75000 USD

• EMA 100: 74000 USD

• EMA 200: 73000 USD

• EMA 400: 72000 USD

4-Hour Timeframe

• EMA 50: 76500 USD

• EMA 100: 76200 USD

• EMA 200: 75800 USD

• EMA 400: 75500 USD

The EMAs provide vital insights into the overall trend direction, with daily EMA levels reflecting long-term movements and the 4-hour EMAs catering to short-term trading strategies.

4. RSI Divergence

The Relative Strength Index (RSI) currently sits at 65, indicating a bullish trend. However, if the price continues to rise while the RSI starts to decline, this could signal a potential reversal, warranting careful monitoring by traders.

5. Order Blocks

Identifying order blocks is essential to understand where institutional buying and selling interest lies. Key order blocks observed in the daily timeframe include:

• Bullish Order Block: 86000 USD - 87000 USD

• Bearish Order Block: 80000 USD - 81000 USD

These blocks highlight potential areas of support and resistance, guiding traders in their decision-making processes.

6. MACD Analysis

The Moving Average Convergence Divergence (MACD) indicator currently shows a bullish crossover, suggesting upward momentum. The MACD line is above the signal line, indicating that bullish sentiment is prevailing. Traders should keep a close eye on this indicator for any signs of reversal.

Summary of Key Levels

Daily Support and Resistance

• Support: 85960 USD, 90000 USD

• Resistance: 80000 USD, 85000 USD, 90000 USD

Exponential Moving Averages (EMA)

• Daily EMA Levels:

  • EMA 50: 75000 USD

  • EMA 100: 74000 USD

  • EMA 200: 73000 USD

  • EMA 400: 72000 USD

• 4-Hour EMA Levels:

  • EMA 50: 76500 USD

  • EMA 100: 76200 USD

  • EMA 200: 75800 USD

  • EMA 400: 75500 USD

Weekly Pivots

• Weekly Pivot: 78000 USD

• Resistance 1: 79000 USD

• Support 1: 77000 USD

Daily Pivots

• Daily Pivot: 76500 USD

• Resistance 1: 77000 USD

• Support 1: 76000 USD
  

Conclusion

In conclusion, the BTCUSD market presents various trading opportunities based on the current analysis. By understanding and utilizing key indicators such as support and resistance levels, EMAs, Fibonacci retracement, and MACD, traders can make informed decisions. As the market evolves, continuous monitoring of these indicators will be essential for successful trading strategies.