---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000829785.md"
description: "$BTC/USD(BTCUSD.HAS)🏆 [Weekly] Bitcoin lovers: Testing Support Amid ETF Flows &amp; Volatility Bitcoin is fighting to steady around $63,340 after a choppy week, caught between selling pressure and heavy institutional buying.🔷 Technicals Snapshots🟢 4‑Hour: Trying to climb back above the mid‑band ($63,573). Support holds near $62,053; RSI 47.42 shows indecision. A break above $63,573 could target $65,092.🟢 Daily: Critical support sits at the lower band $62,520. Mid‑band now acts as resistance at $64,426; RSI 46.84 leans slightly bearish.🔷 Key Fundamentals🟢 Spot Bitcoin ETFs still posted positive monthly returns for July, despite late‑month swings.🟢 BlackRock was the biggest story: after an early small sale, clients bought $273.2 million over two days — nearly matching total inflows across all U.S. ETFs that week, looking like clear buy‑the‑dip action.🔷 The Verdict$62,000–$62,500 is the make‑or‑break zone. Holding this support and pushing past $64,426 would signal bulls are back. A breakdown here risks a drop toward $60,000 or lower. Institutional support offers a strong cushion, but price action needs to confirm it.Not financial advice. Do your own DD.😁"
datetime: "2026-08-03T01:24:14.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000829785.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000829785.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000829785.md)
author: "[Fattycat](https://longbridge.com/en/profiles/19854884.md)"
generator: "portal-rs"
---

# $BTC/USD(BTCUSD.HAS)🏆 [Weekly] Bitcoin lovers: Tes…


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## Comments (3)

- **Fattycat · 2026-08-03T02:35:55.000Z**: The co-relationship between ethereum and bitcoin charts. Ethereum is getting stronger 🤭.
  - **MJ26** (2026-08-03T02:46:42.000Z): Yes maybe littlle downside or sideways incoming before the bottom hit, hopefully 😏
- **MJ26 · 2026-08-03T02:20:44.000Z · 👍 1**: Not going to lie but I like Eth chart more somehow. Lol


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**