Bitcoin has been within the $60,000-$70,000 range for 307 days, ranking as the third longest consolidation in any $10,000 price segment.
By James Van Straten|Edited by Jamie CrawleyUpdated Jul 10, 2026, 9:27 a.m. Published Jul 10, 2026, 9:16 a.m. 1 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on BTC Price (Glassnode)SummaryShow- Bitcoin has remained in the $60,000 to $70,000 range for 307 days, making it the third longest consolidation in any $10,000 price band, as reported by Glassnode.
- Approximately 6% of bitcoin's circulating supply was last transacted between $58,000 and $64,000, forming a notable on-chain cost basis cluster that may act as support at current levels.
Bitcoin BTC$64,345.49 is trading close to $64,000, having spent 307 days within the $60,000-$70,000 range.
This consolidation period is now the third longest recorded in any $10,000 price range in bitcoin's history, trailing only the $10,000-$20,000 and $20,000-$30,000 ranges observed during the bear markets of 2018 and 2022, according to data from Glassnode.
From a technical standpoint, bitcoin continues to trade above its 200-week moving average, which is currently around $62,873. Historically, significant dips below this average have been brief, indicating it as a critical indicator for long-term trends.
Although bitcoin is holding around $64,000, it is still approximately 50% lower than its all-time high achieved in October.
On-chain analysis suggests a notable support level. Glassnode's Entity Adjusted UTXO Realized Price Distribution, which tracks the price at which bitcoin last changed hands among economic entities, indicates that around 6% of the circulating supply is situated between $58,000 and $64,000.
URPD (Glassnode)The final outcome of this price range remains uncertain, but the extended sideways movement has created one of bitcoin's largest cost-basis clusters to date.
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Digital Assets: Quarterly Review and Outlook Q2
Digital Assets: Quarterly Review and Outlook Q2
Digital assets recorded a third consecutive quarter of losses in Q2 2026, marking the longest slump since the 2022 bear market, as institutional funds shifted to AI stocks and Bitcoin ETFs saw their most significant quarterly outflow since inception. This report delves into the factors behind this divergence, ongoing structural adoption, and key signals to monitor for Q3.
By CoinDesk Research1 hour agoDigital assets recorded a third consecutive quarter of losses in Q2 2026, marking the longest slump since the 2022 bear market, as institutional funds shifted to AI stocks and Bitcoin ETFs saw their most significant quarterly outflow since inception. This report delves into the factors behind this divergence, ongoing structural adoption, and key signals to monitor for Q3.
Why it matters:
Digital assets recorded a third consecutive quarter of losses in Q2 2026, marking the longest slump since the 2022 bear market, as institutional funds shifted to AI stocks and Bitcoin ETFs saw their most significant quarterly outflow since inception. This report delves into the factors behind this divergence, ongoing structural adoption, and key signals to monitor for Q3.
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