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Bitcoin Intraday: Watching for a Trigger Above Resistance
Aug 17, 2026 1:30 PM
The upside prevails as long as 62,641 is support, with 63,800 and 64,121 as targets
Our pivot point is at 62,641.
Our preference:
The upside prevails as long as 62,641 is support, with 63,800 and 64,121 as targets
Alternative scenario:
below 62,641, expect 62,103 and 61,782.
Comment:
The chart structure suggests the instrument is coiling ahead of a potentially significant move.
Supports and resistances:
64,441 *
64,121 **
63,800
63,430 last
62,641 **
62,103 *
61,782 **
Our preference:
The upside prevails as long as 62,641 is support, with 63,800 and 64,121 as targets
Alternative scenario:
below 62,641, expect 62,103 and 61,782.
Comment:
The chart structure suggests the instrument is coiling ahead of a potentially significant move.
Supports and resistances:
64,441 *
64,121 **
63,800
63,430 last
62,641 **
62,103 *
61,782 **
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