Bitcoin (BTC) fell to a low of $75,067 on February 2, but is now correcting higher.
BTC price long-term prediction: bearishOn January 29, the bears broke below the existing support, reaching a low of $75,067. Over the past four days, the BTC price has fluctuated above $75,000, awaiting confirmation of the trend. However, if the current support level of $75,000 is breached, Bitcoin could fall to $68,000. Today, Bitcoin is at $77,251.
Technical indicatorsKey supply zones: $120,000, $125,000, $130,000
Key demand zones: $90,000, $85,000, $80,000
BTC price indicators analysisSince November 21, 2025, the price bars have remained below the horizontally sloping moving average lines; the 21-day SMA has fallen below the 50-day SMA, signalling a downward trend. Both the 21-day and 50-day SMAs are trending downward on the 4-hour chart.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
