Bitcoin BTC/USD is ending the trading week at 82763 and continues to move within a bearish channel. Moving averages indicate a bearish trend. Prices have broken below the signal lines, indicating downward pressure from sellers and a potential further decline in BTCUSD. At this point, we should expect an attempt at a bullish correction in the coin’s price and a test of the resistance area near 85605. From there, we should expect another downward rebound and a continued decline in the Bitcoin price, with a potential target below 55245.
Bitcoin Forecast BTCUSD February 2 – 6, 2026
An additional signal for a decline in BTC/USD quotes during the current trading week (February 2 – 6, 2026) will be a rebound from the upper boundary of the bearish channel. A second signal will be a rebound from the resistance line on the relative strength indicator (RSI). A strong rally and a breakout of the 103565 area would cancel the Bitcoin downside scenario this trading week. This would indicate a breakout of the resistance area and continued growth in BTC/USD quotes with a potential target above 115045. A breakout of the support area and a close below 77505 would confirm the bearish trend.
Bitcoin Forecast BTCUSD February 2 – 6, 2026 suggests an attempt to break the resistance area near 85605. This would then lead to a continued decline below 55245. A test of the trend line on the relative strength indicator (RSI) would be an additional signal for a decline in the Bitcoin price this trading week. A strong rally and a breakout of the 103565 area would cancel the Bitcoin downside scenario. In this case, a continued rise with a target of 115045 is expected.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
