[Analyst: Bitcoin Likely to Fluctuate Between $58,000 and $67,000 in August, Bearish Probability at 30%] CryptoQuant analyst Axel Adler Jr. released a Bitcoin August outlook report, noting that Bitcoin's price at the beginning of August was approximately $64,040, down about 50% from the October 2025 cycle peak. Historical data shows that August is one of Bitcoin's weakest months—over the past 13 years, it has closed lower 9 times, with a median return of approximately -7.49%. Currently, Bitcoin's key support levels include $62,000-$62,200, $59,500-$60,000, and $57,730; resistance levels are $64,000-$64,700, $66,500-$67,000, and $71,000-$74,000. The macroeconomic environment remains tight, with the 10-year Treasury yield around 4.70% and the Federal Reserve's interest rate range at 3.50%-3.75%.