Bitcoin Surges Fourth Week in a Row as FOMC Meeting Looms
Bitcoin's fourth consecutive weekly gain has marked a significant recovery momentum for the cryptocurrency. The price of Bitcoin has been steadily increasing, reaching $65,300 on July 27, 2026, after falling to $57,700 in July. This recovery has been driven by sustained accumulation, with buyers stepping in after last month's low and driving the price up.
According to technical indicators, the Relative Strength Index (RSI) reached 54.4 on the daily chart, indicating a bullish neutral territory for the first time since October 2025. The weekly RSI is trending towards the neutral 50 level from below, a directional shift that has historically preceded further recovery.
The Federal Reserve's meeting this week will be a key catalyst for markets, with expectations of a hold at 3.50-3.75% removing the near-term rate hike risk. Additionally, the Senate is expected to vote on the CLARITY Act by August 7, which would remove regulatory uncertainty and potentially trigger further market gains.
$GRUNTLE's presale has been building momentum during this recovery period, with a confirmed listing price of $0.000713 and a fixed entry at $0.000649 per token. The presale has raised over $107,443.97 towards its round target, with Hibernation Staking offering approximately 5,403% APY.
The next 100x crypto candidate is not found after the market has peaked or regulatory certainty has been established, but rather during a period of clear directional signal and early-entry discounts. $GRUNTLE's presale at $0.000649 offers a fixed entry point for investors looking to capture pre-confirmation discounts.