Bitcoin Price Stabilizes Near $65K Amid Selling Pressure
Bitcoin's price has stabilized near $65,200 as of August 10, 2026, showing modest gains over the past 24 hours. The leading cryptocurrency continues to hover just above the $65,000 psychological level after a period of consolidation.
The recent rebound has been supported by factors such as increased spot Bitcoin ETF demand and longer-term holders accumulation. However, on-chain analysis from CryptoQuant highlights significant hurdles that could shape the next phase of price action.
According to analyst ShayanMarkets, Bitcoin faces key cost-basis resistance derived from Realized Price UTXO Age Bands. The average cost basis for investors who have held BTC for one to three months currently sits at approximately $67,000, while those holding between three and six months have a realized price of around $72,000.
Both levels remain above the current spot price of about $65,200, meaning these cohorts are sitting on aggregate unrealized losses. The $67,000 band for the more recent 1-3 month holders is particularly relevant because it lies relatively close to the market.