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Bitcoin price rebounds above $63,600 but ETF outflows and resistance near $64,800 limit gains

Market News
17 Aug 2026
Crypto news
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Neutral
Bitcoin price rebounds above $63,600 but ETF outflows and resistance near $64,800 limit gains

Bitcoin price rose 1.2% to around $63,650 after buyers defended support near $62,700, showing short-term momentum improvement. However, nearly $390 million exited US spot Bitcoin ETFs last week, indicating cautious institutional demand. Key resistance and liquidity clusters near $64,100 and $64,800 could determine Bitcoin's next move, with a sustained break above $65,500 needed to confirm a stronger bullish trend. Meanwhile, geopolitical risks and high oil prices may add volatility and limit capital flow into risk assets like Bitcoin.

More News

Bitcoin nears $87,200 after US-Iran talks boost optimism; smaller bull cycle expected

Bitcoin nears $87,200 after US-Iran talks boost optimism; smaller bull cycle expected

Bitcoin traded near $87,200 following US officials' positive meeting with Iran, sparking a 14% weekly price gain from $75,600. CryptoQuant founder Ki Young Ju predicts a more mature bull cycle with 3-5x gains, down from previous 10x rallies, citing s...

Market News
Bullish
4 hours ago
SUI aims to break $1.10 resistance after months of decline, with new gasless stablecoin transfers boosting its ecosystem.

SUI aims to break $1.10 resistance after months of decline, with new gasless stablecoin transfers boosting its ecosystem.

SUI is attempting a recovery from a low range of $0.60–$0.70 after months of selling pressure. Analysts highlight the $1.00–$1.10 zone as a critical resistance level that must be reclaimed for a sustained rebound. If SUI closes weekly above $1.10 and...

Technical Signals
Bullish
4 hours ago
Bitcoin Cash jumps 29% after CME futures listing announcement, but historical data warns of likely pullbacks.

Bitcoin Cash jumps 29% after CME futures listing announcement, but historical data warns of likely pullbacks.

Bitcoin Cash surged nearly 29% on September 22, 2026, following CME Group's announcement to list Bitcoin Cash and Uniswap futures starting October 19. This move allows professional investors to hedge positions on a regulated US exchange, driving the ...

Market News
Bullish
4 hours ago
Bitcoin has been declared dead 478 times since 2010, yet $1,000 invested at each call would have grown significantly.

Bitcoin has been declared dead 478 times since 2010, yet $1,000 invested at each call would have grown significantly.

Since 2010, bitcoin has faced 478 public declarations of its demise from figures like Peter Schiff, Warren Buffett, and institutions such as the European Central Bank. Despite these calls, $1,000 invested at each major 'bitcoin is dead' moment would ...

Market News
Bullish
4 hours ago
PEPE meme coin holds gains above $0.0000044 after a 45% weekly rally despite cooling momentum.

PEPE meme coin holds gains above $0.0000044 after a 45% weekly rally despite cooling momentum.

PEPE meme coin surged about 45% over the past week, breaking above its early-September resistance near $0.0000044 and reaching a seven-day high around $0.00000534 before pulling back slightly. Despite the retreat, PEPE remains well above its breakout...

Market News
Bullish
4 hours ago
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