Bitcoin.com
2026-08-01 20:05:49

Analyst: Bitcoin Drops to $60K in August Before Rebounding to $70K

Andrey Poroshin, a financial analyst at Bitbanker, an exchange with a presence in Russia, the UAE, and Kyrgyzstan, stresses that bitcoin will retest $60K lows as excess liquidity is withdrawn to recover $70K later, a price still below the base cost of mining in the U.S. Analyst: BTC To Retest $60K Levels In August But

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