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NewsLayer PulseLIVEBTC$76,967+7.60%ETH$2,379+4.34%SOL$91.22+4.31%XRP$1.34+16.20%DOGE$0.0841+9.57%ADA$0.2122+12.00%Total Cap$2.70T+6.77%Layer Index75 Greed
BreakingCrypto’s Next Rotation Is Being Driven by Trust Fragmentation, Not Just Price

CryptoResearch

Bitcoin Wave Analysis

– Likely to rise to resistance level 65225.00

Action Forex

Publisher

Aug 18, 2026 at 1:15 AM UTC · 1 Min. Lesezeit

Bitcoin Wave Analysis
NewsLayer editorial artwork

Entities

bitcoin

Market Impact

BTC+7.60%$76,967

Last Updated

vor 3 Tagen

Bitcoin: ⬆️ Buy

– Bitcoin reversed from support zone

– Likely to rise to resistance level 65225.00

Bitcoin cryptocurrency recently reversed from the support zone between the support level 62420.00 (lower border of the sideways price range), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from July.

The upward reversal from this support zone stopped the earlier short-term impulse wave iii from the top of this sideways price range.

Bitcoin · 30-day price▲ 18.4%

Bitcoin moved from $65,050.1 to $76,987.8 over the last 30-day period, a gain of 18.4 percent.

Source: Kraken · NewsLayer Markets · Updated vor einer Minute

Given the improved sentiment across the crypto markets, Bitcoin cryptocurrency can be expected to rise further to the next resistance level 65225.00 – upper border of the active price range.


Follow the Story

  1. Aug 18Bitcoin Wave Analysis
  2. Aug 21Bitcoin nears $75,000 as short sellers face $4B in liquidations amid strong crypto rally.
  3. Aug 21Bitcoin price breaks $76K as ETF inflows accelerate
  4. Aug 21Bitcoin on track for 20% weekly gain as investor optimism floods back
#bitcoin#crypto#research

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Originally reported by Action Forex

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Market Context

Bitcoin

BTC

$77,078

+7.75% (24H)

Market Cap

$1.54T

24H Volume

$55.0B

24H High

$77,235

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

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