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Bitcoin Intraday: Throwback or further upside?
Aug 20, 2026 4:08 PM
The upside prevails as long as 71,195 is support, with 73,076 and 73,416 as targets
Our pivot point is at 71,195.
Our preference:
The upside prevails as long as 71,195 is support, with 73,076 and 73,416 as targets
Alternative scenario:
below 71,195, expect 70,630 and 70,294.
Comment:
Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
73,755 *
73,416 **
73,076
72,440 last
71,195 **
70,630 *
70,294 **
Our preference:
The upside prevails as long as 71,195 is support, with 73,076 and 73,416 as targets
Alternative scenario:
below 71,195, expect 70,630 and 70,294.
Comment:
Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
73,755 *
73,416 **
73,076
72,440 last
71,195 **
70,630 *
70,294 **
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