Crypto

BTC Price Action Indicates Potential Dip Formation

Guavy AI Editorial Team Published August 12, 2026

Instruments

BTC

Bitcoin's price action is indicating a potential dip formation process, rather than a definitive bottom. Long-term investors are carrying deeper losses compared to the current cycle peak, putting pressure on BTC.

The recent influx of net capital into US spot Bitcoin ETFs amounts to $853.5 million in just one week, adding to market volatility.

As Bitcoin hovers around $64,200 as of August 12th, it's roughly 50% below the cycle peak.

The Wire

Keep reading for free.

You've read 3 free articles in the last 24 hours. Create a free account for unlimited access, no card required.

Create free account Already have an account? Sign in

No spam. Unsubscribe anytime.

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

Terms Privacy Policy