Bitcoin Intraday: The upside prevails as long as 63,583 is support
Aug 12, 2026 10:54 AM
The upside prevails as long as 63,583 is support, with 64,806 and 65,132 as targets

Our pivot point is at 63,583.
Our preference:
The upside prevails as long as 63,583 is support, with 64,806 and 65,132 as targets
Alternative scenario:
below 63,583, expect 63,036 and 62,711.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 63,765 and 63,771). The Bitcoin / USD is trading above its upper Bollinger band (standing at 64,000).
Supports and resistances:
65,458 *
65,132 **
64,806
64,012 last
63,583 **
63,036 *
62,711 **
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