Bijie Evening Analysis: Bitcoin BTC Price Forecast

According to CoinWorld, the recent 4-hour candlestick chart shows that the price has risen significantly compared to 2026-02-05 00:00:00, rebounded compared to 2026-02-04 16:00:00, and declined compared to 2026-02-04 04:00:00. There is a bearish engulfing pattern, and the last candlestick is bearish, with the closing price lower than the opening price. The recent candlestick shows trading volume: trading volume has increased recently, with volume higher than in previous hours. As the price falls and volume rises, selling pressure is increasing. The technical indicator analysis from the recent candlestick shows: Based on MACD analysis, the current market trend is not obvious; the MACD histogram remains negative but is gradually shortening, indicating strengthening bullish momentum. KDJ indicator: no KDJ golden cross or death cross. According to KDJ, the market is oversold with a KDJ value of 19. The RSI value is below 30, suggesting a possible rebound, bottoming out, or further decline. According to the 4-hour candlestick technical indicators, BOSS Wallet analysis points out: Buy point 1: price 70318.35 Buy point 2: price 70420.0 Long stop loss: price 69966.76 Sell point 1: price 78868.28 Sell point 2: price 81336.0 Short stop loss: price 79262.62 Recent support level: price 70420.0 Recent resistance level: price 81336.0 Recent high: 78868.28 Recent low: 70318.35 Through the analysis of BTC's 4-hour candlestick chart, the details are as follows: According to the 4-hour candlestick technical indicators, BOSS Wallet analysis points out: Buy point 1: price 70318.35 Buy point 2: price 70420.0 Long stop loss: price 69966.76 Sell point 1: price 78868.28 Sell point 2: price 81336.0 Short stop loss: price 79262.62 Recent support level: price 70420.0 Recent resistance level: price 81336.0 Recent high: 78868.28 Recent low: 70318.35