Bitcoin's $60K to $70K range becomes third longest consolidation in history

Markets Bitcoin's $60K to $70K range becomes third longest consolidation in history Bitcoin has spent 307 days in the $60,000 to $70,000 range, the third longest consolidation in any $10,000 price band. By James Van Straten | Edited by Jamie Crawley Jul 10, 2026, 9:16 a.m. 1 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on BTC Price (Glassnode) Summary Show Bitcoin has traded between $60,000 and $70,000 for 307 days, making it the third longest consolidation within any $10,000 price range in its history, according to Glassnode. Roughly 6% of bitcoin's circulating supply last moved between $58,000 and $64,000, creating a significant on-chain cost basis cluster that could provide support near current prices. Bitcoin BTC $ 64,277.18 is trading around $64,000, marking 307 days within the $60,000- $70,000 range. The consolidation range is now the third longest period spent in any $10,000 price band in bitcoin's history, behind only the $10,000-$20,000 and $20,000-$30,000 ranges during the bear markets of 2018 and 2022 respectively, according to Glassnode data. From a technical perspective, bitcoin continues to trade above its 200-week moving average, currently around $62,873. Historically, prolonged moves below this level have been short lived, making it a closely watched gauge of the long term trend. Despite holding near $64,000, bitcoin remains roughly 50% below its all-time high reached in October. Onchain data also points to a significant area of support. Glassnode's Entity Adjusted UTXO Realized Price Distribution , which tracks the price at which bitcoin last changed hands between economic entities, shows that about 6% of the circulating supply sits between $58,000 and $64,000. URPD (Glassnode) Whether this range ultimately resolves higher or lower remains uncertain, but the prolonged sideways trading has established one of bitcoin's largest cost-basis clusters to date. Bitcoin News Related Assets Bitcoin $ 64,277.18 2.20 % Latest Crypto News 1 Metaplanet explores bringing bitcoin-backed digital credit to Japan 12 minutes ago 2 Bitcoin gets a green light from a reliable momentum gauge. Here are key levels to watch 2 hours ago 3 Live markets: Bitcoin tops $64,000 as selling pressure on Coinbase eases 2 hours ago 4 XRP up 2% as buyers push through $1.10 resistance 4 hours ago 5 Bitcoin's quiet split: Strong in USD, lagging in JPY as Yen rises on intervention fears 4 hours ago 6 Bitcoin zips higher to nearly $64,000 as chip rally and yen strength drive gains 5 hours ago 7 New Hampshire snuffs out trailblazing state-government bitcoin bond effort 11 hours ago 8 Grayscale's CFO exits after 7 years with crypto asset manager 12 hours ago 9 With SEC fight over, Coinbase's top legal exec Grewal moves on, and others reassigned 12 hours ago 10 Arbitrum jumps 19% benefitting from Robinhood's $568 million onchain trading frenzy 12 hours ago Latest Research Digital Assets: Quarterly Review and Outlook Q2 Digital Assets: Quarterly Review and Outlook Q2 Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch. By CoinDesk Research 42 minutes ago Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch. Why it matters : Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch. View Full Report More From Markets Metaplanet explores bringing bitcoin-backed digital credit to Japan Bitcoin gets a green light from a reliable momentum gauge. Here are key levels to watch XRP up 2% as buyers push through $1.10 resistance More From Bitcoin Metaplanet explores bringing bitcoin-backed digital credit to Japan Bitcoin gets a green light from a reliable momentum gauge. Here are key levels to watch Live markets: Bitcoin tops $64,000 as selling pressure on Coinbase eases