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Bitcoin Intraday: On the edge of pivot level
Aug 16, 2026 5:45 AM
The downside prevails as long as 63,151 is resistance, with 61,903 and 61,585 as targets
Our pivot point is at 63,151.
Our preference:
The downside prevails as long as 63,151 is resistance, with 61,903 and 61,585 as targets
Alternative scenario:
above 63,151, look for 63,686 and 64,005.
Comment:
Price is close to our pivot level; this could be the last opportunity for a reversal.
Supports and resistances:
64,005 **
63,686 *
63,151 **
63,007 last
61,903
61,585 **
61,267 *
Our preference:
The downside prevails as long as 63,151 is resistance, with 61,903 and 61,585 as targets
Alternative scenario:
above 63,151, look for 63,686 and 64,005.
Comment:
Price is close to our pivot level; this could be the last opportunity for a reversal.
Supports and resistances:
64,005 **
63,686 *
63,151 **
63,007 last
61,903
61,585 **
61,267 *
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