Analyst: Bitcoin Drops to $60K in August Before Rebounding to $70K

02-Aug-2026 Bitcoin.com
Candlestick chartAndrey Poroshin, a financial analyst at Bitbanker, an exchange with a presence in Russia, the UAE, and Kyrgyzstan, stresses that bitcoin will retest $60K lows as excess liquidity is withdrawn to recover $70K later, a price still below the base cost of mining in the U.S. Analyst: BTC To Retest $60K Levels In August But […]
Also read: Strategy Opens Door To Roughly $5B In Bitcoin Sales For Reserves And Buybacks
WHAT'S YOUR OPINION?
Related News