Bitcoin Price USD Eyes Liquidity Squeeze as $67K Resistance Looms
Key Insights
- Bitcoin price USD remained below the $67,000 holder cost basis.
- U.S. spot Bitcoin ETFs extended inflows through five trading sessions.
- Overhead liquidity could amplify volatility if Bitcoin pushes above resistance.
Bitcoin traded near $64,800 on Aug. 9 as buyers approached a dense resistance region. The bitcoin price USD remained below $67,000, where recent holders carried a higher realized acquisition cost.
Institutional demand improved during the previous week as U.S. spot Bitcoin ETFs recorded five consecutive sessions of net inflows. However, Bitcoin remained below recent holder cost bases, leaving the market between stronger ETF demand and potential selling from underwater investors.
The resistance matters because holders often reassess positions when prices return toward their average acquisition levels. A move through the first cost-basis band would test whether new demand can absorb additional supply.
Bitcoin Price USD Holds Near $65,000 After Weekly Recovery
Bitcoin traded at $64,794 during Sunday trading, OpenAIโs finance market feed showed. The session ranged between $64,696 and $65,140 before price settled near the middle.
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