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Bitcoin Intraday: Pivot threshold in sight
Aug 29, 2026 7:10 PM
The downside prevails as long as 78,539 is resistance, with 75,847 and 75,141 as targets
Our pivot point is at 78,539.
Our preference:
The downside prevails as long as 78,539 is resistance, with 75,847 and 75,141 as targets
Alternative scenario:
above 78,539, look for 79,731 and 80,440.
Comment:
The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
80,440 **
79,731 *
78,539 **
78,155 last
75,847
75,141 **
74,435 *
Our preference:
The downside prevails as long as 78,539 is resistance, with 75,847 and 75,141 as targets
Alternative scenario:
above 78,539, look for 79,731 and 80,440.
Comment:
The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
80,440 **
79,731 *
78,539 **
78,155 last
75,847
75,141 **
74,435 *
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