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Bitcoin shows no clear signs of a new bull run as key technical indicators remain bearish.

Technical Signals
12 Aug 2026
UToday
View Source
Bearish
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Bitcoin's price has stabilized around $64,000 but lacks the momentum for a sustained bull run. Key technical indicators, including moving averages and momentum metrics, suggest the market is still trying to find a bottom rather than entering a bullish phase. For a stronger recovery, Bitcoin needs to break above $66,000-$67,000 and then challenge the 200-day moving average near $72,000. Until these conditions are met, the outlook for a new bull run remains uncertain.

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