Bitcoin Stuck Between $63K and $64K: Which Side Will Break First?

Bitcoin (BTC) has been stuck between $63K and $64K for some time, but one side is running out of time. The price has held steady at around $63,815, up 1.70% on the day with a significant surge in trading volume to $26.93 billion.

The current range between $62,226 and $64,163 implies a tight band, with no immediate pressure to explode or crash. Over the last 24 hours, $86.34 million in BTC liquidations have been recorded, according to Coinglass data.

A new week and month have begun, and choppy price action is expected for the first one to two weeks before a clear directional move emerges. The high or low of August is likely to be established within this window.