Bitcoin Intraday: Throwback or further upside?

Aug 17, 2026 11:30 PM

The upside prevails as long as 63,506 is support, with 64,828 and 65,154 as targets

Our pivot point is at 63,506.
Our preference:
The upside prevails as long as 63,506 is support, with 64,828 and 65,154 as targets
Alternative scenario:
below 63,506, expect 62,961 and 62,636.
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:
65,480 *
65,154 **
64,828
64,442 last
63,506 **
62,961 *
62,636 **

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