Bitcoin stuck between $62,200 and $64,000 as technical signals diverge

As of the morning of August 4, bitcoin is trading around $63,526 — up roughly 1.3% from a day earlier, when the price sat at $62,707. Over the past 24 hours the coin touched both $63,967 and $62,232, without breaking out of the range it's held for days.

Bitcoin's market cap is holding around $1.28-1.33 trillion, with roughly $25 billion in daily trading volume. A year ago, on August 4, 2025, bitcoin was trading around $115,064 — meaning the coin has lost nearly 45% of its value over the past twelve months, despite the past day's modest bounce.

• 24-hour range: $62,232 to $63,967
• Nearest support sits around $62,800-$63,150, with heavy resistance overhead
• Technical signal split: 4 bullish (17%), 9 bearish (39%), 10 neutral

This range-bound trading fits the picture we described previously: bitcoin got stuck near $63,000 as ETF money pulled back and the CLARITY Act deadline approached. At the same time, the on-chain data we covered in our piece on how bitcoin whales are quietly buying the dip while the broader market plays it safe suggests that beneath the sluggish sideways action, large holders may be accumulating gradually — it just isn't showing up in the technical indicators yet.

Until the market gets a clear catalyst — whether that's a CLARITY Act resolution, fresh macro data, or a meaningful shift in ETF flows — the sideways action near $63,000 is likely to continue, and today's modest gain is best read as noise within the range rather than the start of a new trend.

Nothing here should be taken as financial advice — just information to consider.