#Bitcoin BTC Price News & Insights Today 4-2-2026 - Technical analysis of #BTC, on market structure, key support and resistance zones. Video by More #Crypto Online.
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Bitcoin (BTC) is trading at approximately $76,011 as of February 4, 2026, following a sharp market rout that erased nearly $500 billion in total crypto market value over the past week. The price has been under significant pressure, briefly dipping to a 15-month low of $72,877 on Tuesday before staging a minor recovery to the current range.
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Bitcoin Insights Today
-Tech Sector Correlation: Bitcoin's recent decline is closely linked to a sell-off in U.S. technology stocks. Disappointing earnings from hardware giants like AMD triggered a double-digit drop in AI-infrastructure tied crypto miners such as Cipher Mining and Hut 8.
-Safe-Haven Doubts: Despite rising geopolitical tensions between the U.S. and Iran, Bitcoin has failed to act as "digital gold," diverging from gold and silver which have recently rallied.
-Institutional Sentiment: U.S. spot Bitcoin ETFs saw significant outflows of $272.02 million on February 3. However, some institutional players like ARK Invest are utilizing the dip for multi-million dollar buying sprees.
-Whale Activity: On-chain data indicates that selling by large-scale "whales" has decreased following profit-taking near the $90,000 resistance level seen earlier in the year.
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