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Bitcoin Intraday: Target level as a potential turning point
Aug 20, 2026 2:01 AM
As long as 68,705 is support, look for 70,469
Our pivot point is at 68,705.
Our preference:
As long as 68,705 is support, look for 70,469
Alternative scenario:
below 68,705, expect 68,160 and 67,836.
Comment:
As prices near our first target, a throwback could occur, though a clean break above could fuel further gains.
Supports and resistances:
70,795 *
70,469 **
70,144
69,679 last
68,705 **
68,160 *
67,836 **
Our preference:
As long as 68,705 is support, look for 70,469
Alternative scenario:
below 68,705, expect 68,160 and 67,836.
Comment:
As prices near our first target, a throwback could occur, though a clean break above could fuel further gains.
Supports and resistances:
70,795 *
70,469 **
70,144
69,679 last
68,705 **
68,160 *
67,836 **
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