Bitcoin opened the week near $63,720, dipped to an intraday low around $63,543, then found enough algorithmic and spot bidding to close near $64,100 before reaching $64,480 the following session. Total movement across the 24-hour window spanned barely $1,200, and that volatility compression suggests institutional forced selling has largely run its course. Overhead resistance still sits around $64,500, and organic spot volume remains too thin to push through it.
August 3, 2026
Bitcoin Grinds Sideways in a $1,200 Band as Forced Selling Dries Up
Original reporting: Bitcoin News Digest ↗