Overview
- Bitcoin traded in the low‑to‑mid $64,000s on Thursday and was repeatedly testing the $64,300–$65,000 resistance zone that analysts say must be cleared to confirm a breakout.
- Spot Bitcoin ETFs recorded notable net inflows on Aug. 4, a development cited by several trackers as supporting the recent recovery but with reported inflow figures varying across sources.
- Reports of a Coldcard hardware‑wallet exploit with estimated losses near $100 million and Strategy's confirmed sale of 1,638 BTC for about $105 million have added concrete supply into the market.
- On‑chain metrics show low exchange reserves and renewed whale accumulation, which market analysts view as constructive support but not definitive proof of a durable bottom.
- Bitcoin remains well below its October 2025 peak and down materially year to date, so traders will watch ETF flow consistency, confirmed progress on Hormuz shipping talks, and daily closes above $65,000 for signs the rally can sustain.