Analysis of the BTCUSD Cryptocurrency Pair for 02.03.2026

Analytics based on modified wave analysis, Fibonacci levels, and price channels.

02.03.2026.

BTCUSD

   The trend is bearish. The cryptocurrency is trading within the range of the 365 and 135 EMAs on the H1 timeframe. The bullish wave structures are truncated. The Awesome Oscillator shows bearish divergence, while the Stochastic Oscillator signals overbought conditions.

Trading idea:

Sell upon the formation of a new bearish wave structure, where wave (A) breaks below the ascending channel of the truncated bullish structure.

Stop Loss – 67024.00

Target levels – 66205.00; 65105.00.