Quick update on the $BTC short term price action…
Not much has changed over the past few days. Bitcoin is still seeing relatively low volume, as per usual this time of year, which has led to some very boring price action.
We are still in this short term neutral range between $65k and $62.5k. The direction is still unclear for the next short term “strong move” until either of those levels is broken with some degree of strength.
August/September is historically one of the most bearish periods for Bitcoin, so my bias is still leaning toward more downside in the coming weeks, especially since we are still below macro resistance.
Although price action has been slow, this is when it becomes most important to keep a close eye on the market. The winners of the bull market are the ones who were still locked in during the most boring days of the bear market. 🤝
August 14, 2026 4K 4 2
