BTC CME Bitcoin Futures Daily Chart Analysis: 2026-Feb-08 18:04 CT
Price Action
- Last: 70,555,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: -102%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Feb
- Intermediate-Term
- MSFG Current: -34%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: -63%
- F0%/NTZ' Bias: Price Below,
- YSFG Trend: Down.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt low 70,490,
- 4. Pvt. Next: Pvt high 72,810,
- 5. Levels R: 128,940, 118,270, 98,570, 64,220,
- 6. Levels S: 70,490, 65,850, 64,350, 62,820.
Daily Benchmarks
- (Short-Term) 5 Day: 77,665 Down Trend,
- (Short-Term) 10 Day: 78,960 Down Trend,
- (Intermediate-Term) 20 Day: 86,340 Down Trend,
- (Intermediate-Term) 55 Day: 90,163 Down Trend,
- (Long-Term) 100 Day: 99,675 Down Trend,
- (Long-Term) 200 Day: 106,169 Down Trend.
Additional Metrics
- ATR: 1,025,
- VOLMA: 15,061.
Recent Trade Signals
- 06 Feb 2026: Long BTC 02-26 @ 70,090 Signals.USAR.TR120
- 04 Feb 2026: Short BTC 02-26 @ 74,450 Signals.USAR-MSFG
- 03 Feb 2026: Short BTC 02-26 @ 76,665 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bearish.
Key Insights Summary
The BTC CME Futures daily chart is showing pronounced bearish momentum across all timeframes. Price has experienced a sharp selloff, with large bars and fast momentum driving the contract well below all key moving averages and session fib grid levels. The short-term and intermediate-term swing pivot trends are both down, with the most recent pivot low at 70,490 and the next potential reversal only above 72,810. Resistance levels are stacked far above, while support is clustered just below current price, suggesting a possible pause or minor bounce but no clear reversal yet. All benchmark moving averages are trending down, confirming the strength of the downtrend. Recent trade signals reflect this volatility, with a short-term long entry following a steep drop, but the broader context remains decisively bearish. Volatility is elevated (ATR 1,025), and volume is above average, indicating strong participation in the recent move. Overall, the market is in a strong downtrend, with no technical evidence yet of a sustained reversal, and any countertrend moves should be viewed in the context of a dominant bearish structure.
Chart Analysis ATS AI Generated: 2026-02-08 18:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.