Bitcoin2026-08-05 06:49:09Bitcoin Could Stay Range-Bound in August, CryptoQuant Analyst SaysCryptoQuant analyst Axel Adler Jr projects Bitcoin will likely trade between $57,700 and $67,000 through August, with a 55% probability of a month-end close at $60,000-$64,000. BTC has pulled back roughly 50% from its October 2025 cycle high of $126,200 and now sits near the average on-chain cost basis, a zone that has historically attracted buyers. The bear case, assigned 30% probability, involves a breakdown below $57,700 toward the on-chain realized price of about $52,800. The bull case, at 15% odds, requires reclaiming $67,000 with support from continued spot ETF inflows, falling US Treasury yields and a weaker dollar, targeting $71,000-$74,000. Support also comes from persistent net inflows into spot Bitcoin ETFs and valuations anchored near cost-basis levels. However, high interest rates, elevated Treasury yields and dollar strength remain headwinds for risk assets. Adler also flags August US nonfarm payrolls, CPI and the Jackson Hole central bank symposium as macro events that could sway liquidity and break the range.1780
Bitcoin2026-07-23 22:55:15Bitcoin Hovers at $81K Amid $222M Liquidations; SOL Hits 14-Day High as CPI, Trump-Xi Summit LoomBitcoin consolidates near $81,458 with $222 million liquidated in 24 hours. Solana hits a 14-day high of $98.10, XRP holds above $1.48. Three macro catalysts—CPI, Trump-Xi summit, and crypto hearing—approach.520