Bitcoin Breaks Into The Mid-$70,000s As Charts Flash Extreme Oversold Stress

2026-02-02 - 08:55

Key Points Bitcoin perps traded near $76,406 after a $79,190–$74,550 range on very heavy volume. Weekly and daily charts show a clean breakdown, with price now below key trend structure. RSI is extremely low across timeframes, so bounces are possible, but the trend remains bearish. February 2 opened with bitcoin trading like a market that