Bitcoin Wave Analysis – 17 August 2026Bitcoin vs US DollarFXPRO:BTCUSDFxPro – 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. 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.