Bitcoin (BTC) Technical Analysis Today
Bitcoin (BTC) Price Change
| Current Price | 24H | 7 Days | 30 Days | 90 Days |
|---|---|---|---|---|
| $64,378.26 | -- | -0.94% | +1.30% | -19.73% |
AI Daily Analysis for Bitcoin
Bitcoin Analysis Today 2026-08-07
- Whales and Institutions Accumulate Aggressively: Four new wallets have cumulatively purchased 1,540 BTC; BlackRock acquired 3,035 BTC in a single day; ETFs have seen net inflows of approximately $620 million over three consecutive days, indicating strong institutional bottom-filling intent and supporting BTC prices.
- Technical Bottoming Signals: BTC price is oscillating within the $64,000–$65,000 range. Daily MACD green bars are shortening, and the 4-hour KDJ indicator shows an upward golden cross. Glassnode metrics suggest that bottoming conditions are forming, with a potential short-term rebound on the horizon.
- Short Liquidations and Funding Rates: A whale holding a $102 million 40x leveraged short position at high levels reduced their position and exited at a loss. The current funding rate is positive (0.0058%), favoring longs, as market buying pressure continues to build.
Bitcoin Analysis Yesterday 2026-08-06
- Whales Continue Accumulating: Four new wallets have cumulatively deposited 1,540 BTC, and institutions such as Block and BlackRock continue to increase their holdings, indicating that smart money is actively accumulating at current levels (around $64,500), providing strong support for the price and favoring a rise in BTC.
- Significant ETF Inflows: Spot BTC ETFs have seen net inflows for three consecutive days, with a single-day net inflow reaching $244 million. Additionally, net inflows over the past few days have exceeded $140 million, demonstrating strong institutional buying power and driving BTC prices upward.
- Shorts Face Liquidation: Short positions dominated liquidations across the market, totaling $210 million. Meanwhile, whales reduced high-leverage 40x short positions at a loss, accompanied by an increased proportion of active buy volume. This short-term short squeeze scenario favors a BTC rebound.
Bitcoin Technical Indicators
Technical analysis looks at price action and common indicators to understand trend and momentum. Below is an automated snapshot of Bitcoin across multiple timeframes, summarizing the current technical bias and what the chart is signaling next. This is a technical read—not a guaranteed forecast, so please do your own research and manage risk appropriately.
| Moving Averages: | Strong Sell | Sell 12 | Neutral 0 | Buy 2 |
| Technical Indicators: | Buy | Sell 3 | Neutral 2 | Buy 7 |
Bitcoin Market Signals
The above data is compiled from public market information and is for reference only. MEXC does not provide financial advisory services. Please consult a professional before investing.
Bitcoin Capital Flow
| History | Net Inflow | Price |
|---|---|---|
| 2026-08-07 | -$3.16 M | 64,443.39 |
| 2026-08-06 | $88.01 M | 64,641.01 |
| 2026-08-05 | $147.36 M | 64,395.26 |
| 2026-08-04 | $65.33 M | 64,127.55 |
| 2026-08-03 | $132.95 M | 63,693.91 |
The above data is compiled from public market information and is for reference only. MEXC does not provide financial advisory services. Please consult a professional before investing.
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Disclaimer
The information provided in this material does not constitute investment, tax, legal, financial, accounting, or any other professional advice, nor does it serve as a recommendation to buy, sell, or hold any assets. MEXC Learn provides this content for informational purposes only and does not offer investment advice. Please ensure you fully understand the risks involved and exercise caution when investing. MEXC is not responsible for users' investment decisions.