Bitcoin Holds Above Its Average After the Bounce Off the Low-60s
BTCUSD1-3 daysRangepublished 12:30 · updated never, that’s the point
86198Daily closes, last 40 sessions, with the levels this idea names
40 sessions, 63044 to 86198; levels: resistance 81500, support 66719, support 62201
| Level | Price | Why it matters |
|---|---|---|
| Resistance | 81500 | 30-day range high |
| Support | 66719 | 50-day average |
| Support | 62201 | 30-day range low |
Levels read 12:30 UTC, 29 Aug 2026 · EdgeHog engine · 2026-08-29T12:30:05.794Z
Bitcoin is trading well above its 50-day average following a recovery from the 30-day range low, with the recent range high still overhead.
Spot is at 77645.82, above the 50-day average of 66718.93 and within the 30-day range of 62200.50 to 81500. The distance held above the average since the bounce off the low end of that range is the notable feature here — price hasn't gone back to retest it. The 30-day high of 81500 remains the upper boundary of the recent range.
A drop back through the 50-day average of 66718.93 would put the recovery in question. A push through the 30-day high of 81500 would put price into territory not tested in the last month, changing the reference range itself.
Every number the engine used, and the checks it had to pass.
a quoted price — 77,645.82
a computed level — 66,718.928
a computed level — 81,500
a computed level — 62,200.5
Checks passed source evidence ✓ · model reviews 4/4 · compliance ✓