### *August 2026 So Far* Bitcoin started August at *$62,859.90* and is up *+3.05% MTD* - *Aug 1*: $62,792.30 - *Aug 8*: $64,928.50 - *Aug 9*: $64,777.00 60ce
*Monthly stats*: High $64,954.35, Low $62,226.58, Avg close $64,597.50 2e60
### *Market Context* 1. *YTD*: Down ∼26-27% for 2026. Average closing price this year $72,363.88 2. *Recent news*: Fell over 20% in 2026 so far, dragged by soft institutional demand + $89M Coldcard wallet exploit on July 30 3. *Corporate selling*: Strategy sold 1,638 BTC between July 27 - Aug 2 at ∼$63,957 4. *ETF flows*: US spot Bitcoin ETFs had $4.5B net outflows in June - worst month ever 2e6096da6eeb
### *Technical Levels* - *Support*: $60,400 - $60,700 zone. $61,000 pivot holding - *Resistance*: $62,200 first, then $63,000 and $64,000 - *Trend*: Still in consolidation after bouncing from June low near $57,700 c0e26eeb
*Bottom line*: BTC is holding $64K-$65K range. Down slightly today but still green for August. Market is waiting for either a break above $65K or another test of $60K support.
Want *BTC/PKR P2P rate* in Pakistan or *BTC Dominance* update too?
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