What key levels should I watch on BTCUSD today?

US$75,000 is the key shelf. A break puts the year low at US$74,420.69 in play, then the US$72,000 area. On the upside, US$80,000 is the first hurdle, followed by US$84,138. The 50‑day average at US$89,813.6006 marks a bigger trend test.

Why did the crypto selloff accelerate below US$80,000?

Stops tend to cluster near round numbers. The break under US$80,000 triggered forced selling as liquidity thinned. Headlines around Kevin Warsh Fed speculation and shaky risk sentiment added pressure. With ATR elevated, moves can snowball when spreads widen and funding shifts.

How should Singapore investors adjust execution during high volatility?

Use limit orders, avoid chasing large candles, and size positions smaller. Watch spreads and funding rates across venues. Set clear stops, and do not over‑leverage when ATR is high. If you trade actively, consider fees and slippage, and review IRAS guidance for potential income tax treatment.

Do indicators suggest a bounce or more downside now?

RSI at 48.91 is neutral, and MACD’s positive histogram shows fading downside momentum. But price remains below the 50‑day and 200‑day averages, so the trend is still down. Holding US$75,000 could spark a bounce toward US$80,000, while a break risks a test of US$74,420.69.

Global Market Insights

BTCUSD Today: February 02 Slide to 2025-Low Zone Tests $75K Support

ByHuzaifa Zahoor February 2, 2026February 2, 2026

The bitcoin price slid below US$80,000 today, probing the mid‑US$70,000s as traders tested support near US$75,000. At last check, BTC traded around US$78,648.0, down 6.94%, after an intraday low of US$75,644.15. This puts the move near the 2025‑low zone and heightens short‑term risk. For Singapore investors, liquidity and slippage matter during sharp moves. We break down drivers, key levels, and how the BTCUSD price action may shape the next sessions in Asia.