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Bitcoin holds above $63,200 support, eyes $67,176 breakout amid weak ETF demand and low liquidity

Market News
18 Aug 2026
Crypto news
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Neutral
Bitcoin holds above $63,200 support, eyes $67,176 breakout amid weak ETF demand and low liquidity

Bitcoin has maintained support above its $63,200 median realized price for the past two weeks, signaling a potential upside breakout if it surpasses $67,176. However, weak demand from US spot Bitcoin ETFs and a 4.5% decline in stablecoin supply have limited fresh liquidity, making the rally unfunded so far. Analysts note that low trading volume and thin market participation could cause small buying or selling to trigger significant price moves. The next major support level is $57,803, with a long-term floor at $52,699, while institutional demand remains subdued amid easing US financial conditions.

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