BTC has been down from its peak for nearly 10 months. From the ATH of ~$126,000 in early October 2025 to now (early August 2026), Bitcoin has dropped about 50% and is currently trading around $63,000. Current trend: Still in a post-cycle correction/bear phase. Price is ranging sideways between $60k–$66k after a mild recovery from the June lows near $58k. No clear breakout yet. Liquidity is lower, ETF flows remain mixed, and market sentiment is cautious. Short-term: Likely more sideways action or a retest of lower supports without a strong catalyst. Long-term: Many still believe in the 4-year cycle and strong long-term holder support, but patience is required. DYOR - not financial advice.
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