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Bitcoin Short Term: caution
Aug 17, 2026 6:25 AM
long positions above 61379 with targets at 69365 & 71156 in extension.
Pivot: 61379
Our preference:
long positions above 61379 with targets at 69365 & 71156 in extension.
Alternative scenario:
below 61379 look for further downside with 58467 & 56734 as targets.
Comment:
the RSI is around its neutrality area at 50%
Supports and resistances:
72946
71156
69365
63254 Last
61379
58467
56734
Our preference:
long positions above 61379 with targets at 69365 & 71156 in extension.
Alternative scenario:
below 61379 look for further downside with 58467 & 56734 as targets.
Comment:
the RSI is around its neutrality area at 50%
Supports and resistances:
72946
71156
69365
63254 Last
61379
58467
56734
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Bitcoin
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