Why a Recovery Above USD 65,000 Alone Is Not Enough to Confirm a Trend Reversal
Bitcoin is trading at approximately USD 64,900 as of 10:19 Korea time on 2026-08-08. The observed trading range for the day is approximately 6 million 4,124~USD 65,312. Although Bitcoin has been moving above and below USD 65,000, it is still difficult to conclude that it has decisively broken out of its trading range. The recent rebound has been supported by easing concerns about interest rate hikes following weaker US employment data and US spot Bit