In this video, we break down Bitcoin on the 1hr & 15m chart using Elliott Wave Theory. You’ll discover both bullish and bearish scenarios, plus the critical price levels and targets to watch. Video by Koenz Trading.
"Start online trading with iqoption. Access stocks, forex, and crypto on a world-class platform. Sign up for a free demo account and master your tools today!"
Learn more >>
As of August 19, 2026, Bitcoin is trading at approximately $64,372, reflecting a narrow, range-bound behavior following a brief push above $65,000 earlier in the week. The broader cryptocurrency market cap remains stable at around $2.19 trillion.
Buy Bitcoin >>
Bitcoin Insights Today
-ETF Flows Resumed: U.S.-listed spot Bitcoin ETFs recorded notable inflows, including over $189 million on Tuesday and over $300 million total for the week. This signals a recovery in institutional confidence despite a prior six-week cooling period.
-Whale Accumulation Re-enters: On-chain data indicates large "whales" have actively broken their selling stagnation, accumulating roughly 43,000 Bitcoins valued near $2.75 billion as prices stabilized in the $60,000–$64,000 zone.
-Macro and Political Triggers: Traders are strictly eyeing the imminent release of the FOMC Minutes for clues on the Federal Reserve's September interest-rate trajectory. Simultaneously, crypto regulation sentiment fluctuates as the Senate's CLARITY Act encounters friction over specific presidential provisions.
-Technical Resistance: Bitcoin continues to slip slightly toward its critical 50-day Exponential Moving Average (EMA) near $64,370. Analysts note historic low volatility coils the asset, suggesting a decisive 30%+ breakout or breakdown magnitude in the coming months.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>