Bitcoin Technical Analysis – H1
05.08.2026 11:27
Intradía
Técnico
Price has approached a highly challenging resistance zone at $64,500–64,700, where a dense supply area was previously formed. There is a strong probability of renewed selling pressure and a subsequent decline toward the $63,000 area.
On the other hand, a successful breakout by the bulls through this difficult barrier would sharply alter the current technical picture.
Key Levels:
□ Resistance $65,500
□ Resistance $64,500–64,700
□ Support $63,000
Primary Scenario
Test of the $64,500–64,700 zone, followed by a sharp reversal lower.
Alternative Scenario
Breakout toward $65,500.
Analyst Commentary:
Positional advantage remains with the bears.