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Thomas Bulkowski

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Gold-colored bitcoins arranged diagonally on a dark wooden surface.
FORECASTSAUG 7, 2026
Bitcoin’s Quiet Price Action Masks a Possible $76,000 Technical Target
Bitcoin’s subdued trading range is drawing attention from technical traders who see a possible inverse head-and-shoulders pattern developing on the daily chart. The setup remains unconfirmed, with the neckline near $66,800 and the 50-day simple moving average near $63,321 emerging as key levels.
BITCOINCLARITY-ACT50-DAY-SIMPLE-MOVING-AVERAGE