BTC Market Analysis 2026.08.17 At the end of June and early July, we pointed out that BTC was starting to rebound, with a target of 66,900. BTC then rose to 66,956, and we signaled a pullback. Now, 26 days have passed—has the pullback not ended yet? Is BTC still worth playing? There’s only one scenario where we can assume the pullback has ended—BTC breaking above 65,400 with volume. Other than that, we won’t assume the pullback is over. What’s certain, though, is that the pullback from 66,956 is nearing its end. Key levels to watch below are still 61,900 and 60,500. If BTC tests these critical levels this week and shows a reaction, there’s hope for the nearly month-long pullback to conclude. Once the pullback ends, we’re looking at an upward move on the same scale as 57,800 to 66,956.