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🇺🇸 Support Becomes a Question, Not an Answer

Bitcoin’s latest rebound looks technical rather than structural, while deeper downside zones remain untested and altcoin risk continues to build.

Feb 04, 2026
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🪙 Crypto Market Overview

Bitcoin slid back toward the $76,000 area after another sharp sell-off during Tuesday’s session, marking its weakest level since early November. The bounce that followed appears more mechanical than convincing, driven largely by technical reactions rather than fresh demand.

Price found temporary relief near the measured objective of the consolidation pattern that defined the November–January range, while also reacting to a major Fibonacci extension drawn from the $98,000–$126,000 structural break. These confluences help explain the short-term stabilization — but not a broader shift in trend.

So far, this looks like a pause, not a pivot.

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