Conception Gottshall SmJH

$BTC is trading around $63,600 - $64,900 this week, up ∼0.7% on the day but still well below the late-2025 peak above $120,000. Year-to-date BTC is down over 20%. 96da8da0

*What’s driving it:*
- *Macro pressure*: The Fed held rates with a 72% chance of a September hike priced in, and August is historically BTC’s worst month with a median return of -7.87% over 15 years.
- *Institutional selling*: Strategy sold 1,638 BTC for $104.7M between July 27 and Aug 2 at ∼$63,957 each. It still holds 842,138 BTC.
- *Security + geopolitical*: A Coldcard wallet exploit drained ∼1,000 BTC and ∼$89M total in late July. Iran-US tensions and Strait of Hormuz uncertainty are also keeping risk appetite low.
- *Technical*: BTC is stuck below a downtrend line from the October $124,836 high and below a bearish moving-average ribbon from $64,000-$81,000. But weekly RSI shows a bullish divergence at 39.30, a setup that preceded past recoveries. b60496dae365c42059d9dafa

*Outlook split*:
Analysts are divided. Some see a short relief bounce to $65K-$68K, then a possible drop toward $55.5K-$56K support. Others point to seasonality and Fed risk for a "brutal August" before a potential Q4 recovery toward $100K by December. d4e4dafa

*Bottom line*: BTC remains in a bear-market structure for 2026, but oversold RSI + weak jobs data boosting rate-cut hopes gave it a small weekly gain of ∼3.1%. Key levels to watch: resistance $64,000-$67,000, support $55,500-$56,000. dafa59d9

Here's a quick visual:


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$BTC around $64.9K, with the market currently moving mostly sideways. Recent market data shows BTC near $64.9K with very little 24-hour change. �
Reddit +1
🟢 Support: $63K–$64K
🔴 Resistance: $65K–$66K
🚀 Bullish: Break and hold above $66K → possible move toward $68K–$70K.
📉 Bearish: Break below $63K → $60K–$61K becomes important.
📊 Overall: Neutral / slightly bullish while BTC holds above $63K.
Important: BTC is volatile, so these are possible scenarios—not guaranteed predictions.

#SaylorHintsStrategyBitcoinBuy #BIP110SoftForkAttemptBegins #SouthKoreaProposesLooseningCryptoShareholderRules

$BTC around $65,000. BTC has been moving sideways around the $63K–$65K zone, with resistance near $65K. �
The Economic Times +1
📊 Key levels
🟢 Support 1: $63,000–$64,000
🟢 Strong support: $60,000–$61,000
🔴 Resistance: $65,000–$66,000
🚀 Next bullish area: $68,000–$70,000 if $66K breaks convincingly.
📈 Bullish scenario
If BTC breaks $66K and holds above it with strong volume, the next move could target $68K–$70K.
📉 Bearish scenario
If BTC gets rejected around $65K–$66K and loses $63K, sellers could push it toward $60K–$61K. A sustained break below that area would make the setup considerably weaker. �
Reddit +1
🎯 My view
Short term: Neutral → slightly bullish.
BTC needs a clean breakout above $66K before I would consider the bullish move strongly confirmed.
⚠️ Crypto is highly volatile. These are possible scenarios, not guaranteed prices or financial advice$
#

#BIP110SoftForkAttemptBegins #SouthKoreaProposesLooseningCryptoShareholderRules #SenateReadiesSeptemberCLARITYActVote

$BTC : around $64.9K, with the market currently moving mostly sideways. Recent market data shows BTC near $64.9K with very little 24-hour change. �
Reddit +1
🟢 Support: $63K–$64K
🔴 Resistance: $65K–$66K
🚀 Bullish: Break and hold above $66K → possible move toward $68K–$70K.
📉 Bearish: Break below $63K → $60K–$61K becomes important.
📊 Overall: Neutral / slightly bullish while BTC holds above $63K.
Important: BTC is volatile, so these are possible scenarios—not guaranteed predictions.
#BIP110SoftForkAttemptBegins #SouthKoreaProposesLooseningCryptoShareholderRules #BIP110ForkSignalingExpectedThisWeekend