Analyst: Bitcoin traded at key technical support levels during the 307-day consolidation period

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CoinJiexun news: Bitcoin’s current trading price is about $64,000, having held within the $60,000 to $70,000 range for 307 days, becoming the third-longest consolidation period in the historical $10,000 price band, trailing only the bear markets of 2018 and 2022. Bitcoin is still above its 200-week moving average of $62,873; historical data shows that price movements that remain below this level for the long term typically last for a shorter duration. Despite Bitcoin holding near $64,000, it is still about 50% below its all-time high set in October. On-chain data from Glassnode’s realized price distribution based on entity-adjusted UTXOs shows that about 6% of circulating supply is between $58,000 and $64,000. Digital assets logged losses for the third consecutive quarter in Q2 2026; institutional capital has shifted toward AI stocks, while Bitcoin ETFs recorded their largest quarterly net outflows since launch.
BTC1.02%
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Neon-LitStreetsAfterTheRain
· 10h ago
58k-64k has accumulated 6% of the circulating supply; if this range breaks, there may be substantial room/potential below.
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GateUser-a4680931
· 10h ago
Institutions are chasing AI, ETF fund flows are outflowing—this plot feels all too familiar; it was the same way in 2018 too.
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PixelPnl
· 10h ago
After 307 days of consolidation and grinding until it’s had enough—though still above the 200-week moving average—it shows the bulls haven’t completely given up.
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