Bitcoin Stuck at $65,000 — This Weekend Decides the Path to $70,000 or $60,000

Kun Long • Aug 8, 2026
| 1 min read | 13 views views

Bitcoin Stuck at $65,000 — This Weekend Decides the Path to $70,000 or $60,000

Bitcoin enters the weekend in a tight range. A weak US jobs report helps support the price, but the upper selling ceiling remains strong.

Key points to know:
• The US lost 23,000 jobs in July, compared to an expected gain of 80,000. The chance of a rate hike dropped to 44%.
• US Bitcoin ETFs pulled in $763 million this week, the fastest pace since April.
• Large wallets (Whales) have added over 20,000 BTC since July 29.
• Decisive levels: Breaking above $67,300 opens the path to $70,000; falling below $60,000 is a bad sign.

[Insight: Big players are buying quietly, but the market is still waiting for a clear signal. Don’t chase the price — wait for a breakout first. Use Binance Ref GMK20 for Fee discounts + Bonus.]

Kun Long

Author at The Sharing KH

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