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Bitcoin Intraday: Gains at stake near target
Aug 5, 2026 4:03 AM
The upside prevails as long as 62,980 is support, with 64,766 and 65,222 as targets
Our pivot point is at 62,980.
Our preference:
The upside prevails as long as 62,980 is support, with 64,766 and 65,222 as targets
Alternative scenario:
below 62,980, expect 62,216 and 61,761.
Comment:
Prices are now within reach of our first target, a level that could invite the price to consolidate. On the flip side, a clear break above it may well sustain the upward move.
Supports and resistances:
65,679 *
65,222 **
64,766
64,133 last
62,980 **
62,216 *
61,761 **
Our preference:
The upside prevails as long as 62,980 is support, with 64,766 and 65,222 as targets
Alternative scenario:
below 62,980, expect 62,216 and 61,761.
Comment:
Prices are now within reach of our first target, a level that could invite the price to consolidate. On the flip side, a clear break above it may well sustain the upward move.
Supports and resistances:
65,679 *
65,222 **
64,766
64,133 last
62,980 **
62,216 *
61,761 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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