Bitcoin's higher timeframes are turning up

Aug 05, 2026

Bitcoin looks bullish, with several trend signals flipping to the upside at once.

  • Four different timeframes are now pointing up, a strong sign momentum is shifting higher.
  • Price is climbing off recent lows with three rounds of bullish divergence backing the move.
  • The 5-day trend turned up in early July and is still holding, now making a higher low.
  • The 10-day trend just twisted up for the first time since the March rally.
  • Low volatility and supporting signals add to the case for more upside.

Outlook: The setup points toward Bitcoin grinding higher, with the 21 EMA near $70,000 as the next likely target.

## Bitcoin Levels

  • **Bias:** Bullish
  • **Targets:** ~$70,700 (21 EMA)
  • **Support:** $62,000 (2-week pivot turning up)

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