Bitcoin Is Likely Going After These Lows

17 Aug 2026 · 1 min

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In this video, The Art Of Crypto provides a technical market commentary on Bitcoin, emphasizing a bearish daily bias. The speaker notes that Bitcoin is approaching a cluster of relatively equal recent lows, suggesting a high probability that this level will be tested. On the weekly chart, a key liquidity level around $57,700 is identified as a potential floor, but the analyst argues that a full drop to this level is unlikely due to two factors: a fair‑value gap on the weekly chart and a set of relatively equal highs that sit just above that gap. These elements together shape the analyst’s view of where Bitcoin’s price may stop its decline.

Chapters

This week we're still going to be looking for a bearish daily bias. Now we are coming into a bunch of relatively equal lows here. I think it's going to be a given. I think doesn't mean it's going to come true, but the fact that we're so close to this bunch of relatively equal lows here, which it will be illuminated further once we go into the daily chart. But yeah, the fact that we're so close to here means that it's very likely that this is going to get tapped. The only question is where is it going to stop? Because so far on the weekly chart, we have this liquidity level over here. At $57,700. Now the thing that, you know, kind of leads me to believe that we are not going to go all the way down here is because of 2 things. One, we have a fair value gap over here on the weekly chart. Now secondly, we have a couple of relatively equal highs right before this bearish fair value gap.