{"id":637792,"date":"2026-08-01T20:05:49","date_gmt":"2026-08-01T20:05:49","guid":{"rendered":"https:\/\/news.bitcoin.com\/?p=835673"},"modified":"2026-08-01T20:05:49","modified_gmt":"2026-08-01T20:05:49","slug":"analyst-bitcoin-drops-to-60k-in-august-before-rebounding-to-70k","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/08\/01\/analyst-bitcoin-drops-to-60k-in-august-before-rebounding-to-70k\/","title":{"rendered":"Analyst: Bitcoin Drops to $60K in August Before Rebounding to $70K"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/candlestick-chart-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"Candlestick chart\" style=\"float:left;margin:0 15px 15px 0\" \/>Andrey Poroshin, a financial analyst at Bitbanker, an exchange with a presence in Russia, the UAE, and Kyrgyzstan, stresses that bitcoin will retest $60K lows as excess liquidity is withdrawn to recover $70K later, a price still below the base cost of mining in the U.S. Analyst: BTC To Retest $60K Levels In August But [&#8230;] <a href=\"https:\/\/news.bitcoin.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Andrey Poroshin, a financial analyst at Bitbanker, an exchange with a presence in Russia, the UAE, and Kyrgyzstan, stresses that bitcoin will retest $60K lows as excess liquidity is withdrawn to recover $70K later, a price still below the base cost of mining in the U.S. Analyst: BTC To Retest $60K Levels In August But [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":637793,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-637792","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/637792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=637792"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/637792\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/637793"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=637792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=637792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=637792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}