Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

End of day Bitcoin price (BTCUSD) forecast update - 04-02-2025

Economies.com
2025-02-04 17:00PM UTC

Bitcoin price (BTCUSD) shows positive trades to attempt to return above 100000.00$, reinforcing the expectations of continuing the domination of the bullish trend for the upcoming period, reminding you that the next main target is located at 105000.00$, while failing to consolidate above 100000.00$ will put the price under new negative pressure to target 95195.00$ before any new attempt to rise.

End of day crude oil price forecast update - 04-02-2025

Economies.com
2025-02-04 16:59PM UTC

Crude oil price shows mixed trades, as it broke 72.30$ level strongly and reached 71.20$ areas, but it bounced upwards quickly to test the key resistance 73.90$, and the price needs to consolidate below this resistance to keep the bearish trend valid for the upcoming period, as breaching it will lead the price to turn to rise and achieve positive targets that reach 75.50$.

End of day gold price forecast update - 04-02-2025

Economies.com
2025-02-04 16:59PM UTC

Gold price rallied upwards strongly to breach the bullish channel’s resistance and approach our waited positive target at 2850.00$, and the way seems open to continue the rise to achieve additional gains that reach 2900.00$ as a next station, to continue suggesting the bullish trend for the upcoming period conditioned by the price stability above 2820.00$.

Ethereum price (ETHUSD) forecast update - 04-02-2025

Economies.com
2025-02-04 10:12AM UTC

Ethereum price (ETHUSD) trades with clear negativity to break 2764.75$ and settle below it, to hint the weak positive momentum and might turn to decline in the upcoming period in case the price consolidated below this level, waiting t get positive motive that assist to push the price to surpass 2764.75$ again and assist to resume the expected bullish wave for today, which its first main target located at 3017.30$.

 

The expected trading range for today is between 2650.00$ support and 2970.00$ resistance.

 

Trend forecast: Bullish