Bitcoin BTC price analysis for August 2026
It's been more than two weeks since we published our previous #Bitcoin outlook.
And honestly... not much has changed.
During this period, buyers have successfully defended the $62,500 level on
BTCUSDT
four separate times. At this point, it no longer looks like coincidence—it looks like a deliberate defense of a major support zone.
That said, neither side appears to have a decisive advantage. Trading volumes remain relatively low, both bulls and bears seem exhausted, and the market continues to grind sideways.
Still, if we had to pick a side today, we'd say the short-term momentum slightly favors the bulls.
That's why our base scenario for August remains unchanged.
We still expect Bitcoin to test the $69,000–71,000 area before anything more significant happens.
And after that...
Well, we'll cross that bridge when we get there. 😄
Crypto has a habit of surprising everyone just when things start looking obvious.
💬 Do you think
BTC
has enough strength to reach $69K–71K, or is one final shakeout still ahead?
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🧠 DYOR | This is not financial advice, just thinking out loud