FX.co ★ Technical analysis of Bitcoin/USD for February 2, 2021

As long as minor resistance at 40,073 is able to cap the upside, we can't exclude a second corrective dip closer to 27,366 before the next impulsive rally sets in.

Trading recommendation:

Buy Bitcoin near 27,366 if possible or buy a break above minor resistance at 40,073 for the next big rally higher.