A basketball game is between two teams so the first round will have 32 games played. This will yield 32 losing teams and 32 winning teams to move on to round 2. After round 2, there will remain 16 teams for round 3. After round 3 there remains 8 teams for round 4. After round 4 there are 4 teams left. Then after round 5 there are 2 teams left. The sequence is as follows
64,32,16,8,4,2,1
So 4 teams compete in round 5 (2 teams advance to round 6)