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Bitcoin Intraday: Pivot threshold in sight
Aug 12, 2026 8:48 AM
The downside prevails as long as 63,879 is resistance, with 62,525 and 62,204 as targets
Our pivot point is at 63,879.
Our preference:
The downside prevails as long as 63,879 is resistance, with 62,525 and 62,204 as targets
Alternative scenario:
above 63,879, look for 64,420 and 64,743.
Comment:
Price is almost testing our pivot level; this may be the last chance for a reversal.
Supports and resistances:
64,743 **
64,420 *
63,879 **
63,767 last
62,525
62,204 **
61,883 *
Our preference:
The downside prevails as long as 63,879 is resistance, with 62,525 and 62,204 as targets
Alternative scenario:
above 63,879, look for 64,420 and 64,743.
Comment:
Price is almost testing our pivot level; this may be the last chance for a reversal.
Supports and resistances:
64,743 **
64,420 *
63,879 **
63,767 last
62,525
62,204 **
61,883 *
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