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Rabia Farooq
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$BTC February 5, 2026, Bitcoin (BTC) is experiencing a significant downward trend, trading near $69,530 following an 8.45% decline over the last 24 hours. For the first time in 15 months, the price briefly tumbled below the critical $70,000 psychological support level amid a broader tech an The "last picture" of Bitcoin's technical health shows several bearish indicators as of today:  Critical Breakdown: Bitcoin has decisively broken below its 365-day moving average for the first time since early 2022, signaling a potential shift into a deeper bear phase. Resistance Zones: Major moving averages, including the 200-day EMA (~$97,500) and 50-day EMA (~$89,200), are now stacked above the current price, forming strong resistance levels that may cap any near-term recovery. Institutional Squeeze: Crypto miners are facing a significant "squeeze" as the production cost for one Bitcoin is estimated at $87,000, well above the current market price of roughly $70,000. Future Outlook: While short-term targets have shifted as low as $68,000 or even $38,000 by some bearish analysts, long-term forecasts remain optimistic with expectations of reaching $100,000–$105,000 by the end of 2026 if key support levels stab #bitcoin #BITmarkets #BitcoinDropMarketImpact
$BTC

February 5, 2026, Bitcoin (BTC) is experiencing a significant downward trend, trading near $69,530 following an 8.45% decline over the last 24 hours. For the first time in 15 months, the price briefly tumbled below the critical $70,000 psychological support level amid a broader tech an

The "last picture" of Bitcoin's technical health shows several bearish indicators as of today: 

Critical Breakdown: Bitcoin has decisively broken below its 365-day moving average for the first time since early 2022, signaling a potential shift into a deeper bear phase.

Resistance Zones: Major moving averages, including the 200-day EMA (~$97,500) and 50-day EMA (~$89,200), are now stacked above the current price, forming strong resistance levels that may cap any near-term recovery.

Institutional Squeeze: Crypto miners are facing a significant "squeeze" as the production cost for one Bitcoin is estimated at $87,000, well above the current market price of roughly $70,000.

Future Outlook: While short-term targets have shifted as low as $68,000 or even $38,000 by some bearish analysts, long-term forecasts remain optimistic with expectations of reaching $100,000–$105,000 by the end of 2026 if key support levels stab
#bitcoin #BITmarkets #BitcoinDropMarketImpact
$BTC Analysis - 4-hour time frame Maintaining support at $98,375 could push the price toward the next target of $100,050. If the price breaks below $98,375, it may lead to a correction towards $96,000. #BITmarkets {spot}(BTCUSDT)
$BTC Analysis - 4-hour time frame

Maintaining support at $98,375 could push the price toward the next target of $100,050.

If the price breaks below $98,375, it may lead to a correction towards $96,000.

#BITmarkets
$LTC Análisis - Marco de Tiempo Diario Mantener el soporte en $92.425 puede sostener el impulso positivo hacia el próximo objetivo de $105. Sin embargo, una ruptura por debajo de $92.425 puede señalar una corrección hacia $82.30. #BITmarkets
$LTC Análisis - Marco de Tiempo Diario

Mantener el soporte en $92.425 puede sostener el impulso positivo hacia el próximo objetivo de $105.

Sin embargo, una ruptura por debajo de $92.425 puede señalar una corrección hacia $82.30.

#BITmarkets
$AVAX Analysis - Daily Time Frame VanEck has registered an Avalanche ETF in Delaware, hinting at a potential spot AVAX ETF filing soon. On the technical side: Holding above $16.40 is a positive sign, with $18.40 as the next target. Losing $16.40 could lead to a pullback toward $13.60. #BITmarkets
$AVAX Analysis - Daily Time Frame VanEck has registered an Avalanche ETF in Delaware, hinting at a potential spot AVAX ETF filing soon.
On the technical side:
Holding above $16.40 is a positive sign, with $18.40 as the next target.
Losing $16.40 could lead to a pullback toward $13.60.
#BITmarkets
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