#bitcoin showed signs of improvement on August 18, 2026, holding above its 50-day EMA near $64,300 after gaining around 2.5% the previous day.

ETF Inflows Offer Support

One positive development for Bitcoin was renewed demand from U.S.-listed spot Bitcoin ETFs. The ETFs recorded more than $137 million in net inflows on Monday, suggesting improving investor sentiment.

However, a single day of inflows does not necessarily confirm a long-term bullish trend.

Key Resistance Levels

Bitcoin faces important resistance around $65,547, followed by the 100-day EMA near $66,366. A sustained move above these levels could strengthen the recovery outlook.

On the downside, the 50-day EMA around $64,300 remains an important support area. If BTC falls below it, the next potential support zones are around $62,586 and $62,300.

Geopolitical Risks Remain

Bitcoin's performance is also being influenced by broader market conditions. Continuing tensions in the Middle East could keep investors cautious and limit gains in risk-sensitive assets, including cryptocurrencies.

Outlook

Bitcoin's near-term outlook appears cautiously positive but uncertain. Holding above the 50-day EMA and continued ETF inflows could support further recovery, while resistance near $65,547–$66,366 remains important.

Investors should remember that cryptocurrency prices can be highly volatile, and technical levels do not guarantee future price movements.

This article is for educational purposes only and is not financial advice.