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Bitcoin may not have bottomed yet amid weak demand and heavy selling pressure.

Market News
03 Aug 2026
AMBCrypto
View Source
Bearish
Bitcoin may not have bottomed yet amid weak demand and heavy selling pressure.

Bitcoin's price shows signs it hasn't reached a definitive bottom, with weak demand, extreme fear, and significant loss selling by short-term holders continuing into August. U.S. investor interest is fading, as seen in the declining Coinbase Premium Index despite easing macroeconomic pressures. Strategy's recent Bitcoin purchase signals confidence but also carries risk, as buying before a confirmed bottom could deepen unrealized losses and pressure its stock price. Analysts expect the bottoming process to last another 1-3 months, suggesting more volatility ahead.

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