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🟡 BTCUSD Daily Market Analysis—6 February 2026 by Kohinoor Free VIP Signals
- Kohinoor Free VIP Trading Signals
- Feb 6
- 3 min read
Current Market Overview
As of today, the live price of Bitcoin (BTCUSD) stands at $1.17958. This analysis will delve into the daily and 4-hour time frames, utilizing various technical indicators to provide a comprehensive view of the market, particularly for traders in Dubai, Singapore, India, Australia, Germany, and the Netherlands.
Technical Analysis
Support and Resistance Levels
Understanding key support and resistance levels is essential for predicting potential price movements in the Bitcoin market.
Daily Support Levels:
Level 1: $1.1500
Level 2: $1.1300
Level 3: $1.1200
Daily Resistance Levels:
Level 1: $1.2000
Level 2: $1.2200
Level 3: $1.2500
4-Hour Support Levels:
Level 1: $1.1700
Level 2: $1.1600
Level 3: $1.1550
4-Hour Resistance Levels:
Level 1: $1.1900
Level 2: $1.2050
Level 3: $1.2150
Fibonacci Retracement Levels
Fibonacci retracement levels can help identify potential reversal points in the market. The key daily swing levels are as follows:
Retracement Levels:
23.6%: $1.1850
38.2%: $1.1750
61.8%: $1.1600
Exponential Moving Averages (EMA)
The EMA indicators provide insights into the market's trend direction.
Daily EMA Levels:
EMA 50: $1.1700
EMA 100: $1.1600
EMA 200: $1.1500
EMA 400: $1.1400
4-Hour EMA Levels:
EMA 50: $1.1800
EMA 100: $1.1750
EMA 200: $1.1650
EMA 400: $1.1600
RSI Divergence
The Relative Strength Index (RSI) is currently showing divergence, indicating potential overbought or oversold conditions. With an RSI value of 65, traders should be cautious of possible price corrections.
Order Blocks
Identifying order blocks can highlight areas where institutional buying or selling has occurred, providing insight into market sentiment.
Key Order Blocks:
Bullish Order Block: $1.1600 - $1.1650
Bearish Order Block: $1.2000 - $1.2050
MACD Analysis
The MACD indicator is showing bullish momentum, but traders should remain vigilant for potential reversals as the market approaches resistance levels.
Fundamental Analysis
Upcoming USD News
Monitoring upcoming economic news is essential for Bitcoin traders. Key events to watch this month include:
Non-Farm Payrolls: Scheduled for February 10, 2026
CPI Inflation Data: Expected on February 15, 2026
These events can significantly impact the USD and, consequently, the BTCUSD price.
Summary
💡 BTCUSD Daily Analysis Summary by Kohinoor Free VIP Signals – WhatsApp
Key Levels
Daily Support and Resistance:
Support: $1.1500, $1.1300, $1.1200
Resistance: $1.2000, $1.2200, $1.2500
4-Hour Support and Resistance:
Support: $1.1700, $1.1600, $1.1550
Resistance: $1.1900, $1.2050, $1.2150
EMA Levels:
Daily: 50: $1.1700, 100: $1.1600, 200: $1.1500, 400: $1.1400
4-Hour: 50: $1.1800, 100: $1.1750, 200: $1.1650, 400: $1.1600
Weekly Pivots:
Pivot Point: $1.1800
Support: $1.1700, $1.1600
Resistance: $1.1900, $1.2000
Daily Pivots:
Pivot Point: $1.1790
Support: $1.1700, $1.1600
Resistance: $1.1850, $1.1900
Fibonacci Levels:
23.6%: $1.1850
38.2%: $1.1750
61.8%: $1.1600
FAQs
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Kohinoor Free VIP Signals offers not only FREE signals but also educational resources, daily market analysis, and ebooks.
Which brokers are trusted for Gold Forex Crypto trading?
Based on client feedback, we recommend brokers like:
What are the benefits of using trading signals?
Trading signals provide insights into market trends, helping traders make informed decisions.
How can I improve my trading skills?
Consider utilizing educational resources, such as the Free Gold Forex Trading Ebooks and Kohinoor Free VIP Signals Education Articles.
What is the best time to trade Bitcoin?
The best time to trade Bitcoin is during market overlap hours, typically when both the Asian and European markets are open.
How do I manage risk while trading?
Implement strict stop losses and take partial profits to manage risk effectively.
What technical indicators should I use for Bitcoin trading?
Common indicators include EMA, RSI, MACD, and Fibonacci retracement levels.
How can I stay updated on market trends?
Join our FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals for real-time updates.
Conclusion
In conclusion, today's analysis of BTCUSD at a current price of $1.17958 underscores the importance of leveraging technical indicators and understanding market dynamics. Key support and resistance levels, along with Fibonacci retracement, EMA, RSI divergence, and MACD indicators, offer valuable insights for traders navigating the cryptocurrency market.
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