Next year the Bitcoin Class of 2017 will be able to say they’ve been in Bitcoin for 10 years.
Those guys must all be absolutely rich as fuck by now.
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🟠 Daily Bitcoin Report July 10, 2026 (Daily Close Edition)
📊 PRICE ACTION
Open: $63,175 | High: $64,669 | Low: $62,865
Close: $64,128 | Change: +1.51% (candle closed)
The candle is in the books: first daily close above $64K since the June breakdown, and the highest close of the entire recovery. Up 10% from the sub-$58K lows. The new daily candle just opened flat at $64,056.
📈 TECHNICAL READ
Trend Exhaustion: 71.20 fourth straight day of cooling while price makes higher closes. The overbought unwind without price damage is now a confirmed pattern, not a one-day fluke.
Lower BB: $58,256 | SMA: $61,847 | Upper BB: $65,438
$64K was the descending channel resistance tonight’s close sits right on top of it. The battle line is drawn: hold $64K on any retest and analysts see a path to $70–71K; lose it and a sweep back to $58K is the risk. Upper band at $65.4K remains the confirmation trigger, now just 2% away.
🔍 ON-CHAIN / FLOWS
→ Over $215M in liquidations in 24 hours, majority shorts bears pressed the geop
CoinShares: Bitcoin is facing three major pressures, and the market is in a fragile bottoming phase.
CoinShares says Bitcoin is facing threefold pressure: a hawkish Federal Reserve, recurring Iranian situation, and the Clarity Act's progress being hindered.
Bitcoin ETFs have seen a net outflow of about $8 billion for eight consecutive weeks, but in the past three trading days have turned back to inflows; after Strategy sold 3,588 BTC, the market has also been able to absorb smoothly.
Meanwhile, the probability of the Clarity Act passing has dropped from 74% to about 48%. Overall, Bitcoin remains in a fragile bottoming phase, but the market has not lost control.
Price Prediction
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Beacon Prediction
Probabilistic Price Forecast (Next 24 Hours)This prediction is an experimental technical product and is provided for reference purposes only. It does not constitute investment advice. Unexpected real-world events may significantly impact market behavior. Traders should make decisions with caution.
How Many Bitcoins Are There?
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What Is Bitcoin Mining?
Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
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