Bitcoin traded near $62,900 into the weekend after touching $62,538, leaving the five-week $62,000 to $66,000 range under real pressure. Roughly 1.79 million BTC were acquired inside that band, turning it into a break-even battleground where every bounce meets holders looking to exit flat. Without weekday ETF demand to absorb supply, analysts flagged that a sustained break of $62,500 could open a path toward $60,000 or lower.
August 15, 2026
1.79 Million BTC Sit at Cost Basis Right Where Price Is Testing
Original reporting: CryptoSlate ↗