BTC/USD quotes are trading at 74005 and continue to move within a downward trend and a descending channel. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken below the signal lines, indicating downward pressure from sellers of “Digital Gold” and a potential continuation of the asset’s decline from current levels. The cryptocurrency price forecast for tomorrow, February 4, 2026, anticipates an attempt at a bullish correction in the digital asset’s price and a test of the resistance level near 75205. From there, a further downward rebound and an attempt at a continued decline in the Bitcoin price with a target below 62205 are expected.
Bitcoin Forecast and BTC/USD Analysis for February 4, 2026
An additional signal supporting a decline in BTC/USD quotes will be a test of the resistance line on the relative strength indicator. The second signal in favor of this scenario would be a rebound from the upper boundary of the bearish channel. A strong rise in the asset’s price and a breakout of the 84065 area would cancel out the downward trend in the coin’s exchange rate and Bitcoin’s price. This would indicate a breakout of the resistance area and a continued rise in the Bitcoin price, with a potential target at 90505. A breakout of the support area and consolidation below 72405 would confirm the asset’s price decline, signaling a breakout of the lower boundary of the descending channel, signaling a decline by the channel’s width.
Bitcoin Forecast and BTC/USD Analysis for February 4, 2026 suggests an attempt to test the resistance level near 75205. Further declines in the cryptocurrency, with a potential target at 62205, would then be a further signal in favor of Bitcoin’s price growth. A breakout of the 84065 area would cancel out the digital currency’s downward trend. This would indicate continued upward movement with a potential target above 90505.
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