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Crypto|Research

Bitcoin Wave Analysis

– Likely to rise to resistance level 65225.00

Action Forex

Publisher

Aug 18, 2026 at 1:15 AM UTC · 1 min de lectura

Bitcoin Wave Analysis
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bitcoin

Market Impact

BTC+5.06%$72,718

Last Updated

hace 3 días

Bitcoin: ⬆️ Buy

– Bitcoin reversed from support zone

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– 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▲ 10.1%
$72,766$67,763$62,760
Jul 22Jul 31Aug 10Aug 20

Bitcoin moved from $66,072.5 to $72,765.6 over the last 30-day period, a gain of 10.1 percent.

Source: Kraken · NewsLayer Markets · Updated hace unos segundos

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 20Local Intervention Halts White County Bitcoin Site Development
  3. Aug 20Bitcoin dubbed 'one of the best hedges you can find' - again
  4. Aug 20IBIT's 0.25% Fee Sells Off Bitcoin Daily, and the Prospectus Calls Every Sale a Taxable Event
  1. Aug 18Bitcoin Wave Analysis
  2. Aug 20Local Intervention Halts White County Bitcoin Site Development
  3. Aug 20Bitcoin dubbed 'one of the best hedges you can find' - again
  4. Aug 20IBIT's 0.25% Fee Sells Off Bitcoin Daily, and the Prospectus Calls Every Sale a Taxable Event
#bitcoin#crypto#research

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Originally reported by Action Forex

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Market Context

₿

Bitcoin

BTC

$72,718

+5.06% (24H)

$72,817$70,977$69,138
11 PM6 AM2 PM10 PM

Market Cap

$1.46T

24H Volume

$47.2B

24H High

$73,043

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

Topics

researchcrypto

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