Bitcoin Trades Near $73,700 on 4 February 2026 as Bearish Mood Persists but 2026 View Stays Positive

On 4 February 2026, Bitcoin was trading close to $73,700 under sustained bearish sentiment and elevated volatility. Analysts highlight that a sweep of the April lows with strong volume may signal local capitulation, while on-chain metrics still allow for further downside. Even so, many market observers see the current phase as late-stage weakness within a broader constructive outlook heading into 2026.