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Bitcoin holds near $65,000 as open interest climbs and options skew bullish
Bitcoin traded in a tight range around $64,500‑$65,400 in late July 2026, defending key technical support near the 0.618 Fibonacci retracement at roughly $65,100. Immediate resistance sits between $65,800 and $66,200, with a higher breakout target near $66,200‑$66,800.
Open interest across the 30 largest Bitcoin exchanges continued to rise, measured in BTC, echoing patterns seen during the 2021‑2022 bear market. Analysts noted that the growing open‑interest levels signal more capital entering the derivatives market and could precede heightened volatility.
Options data showed a strong bullish bias: call options made up about 66 % of total Bitcoin options open interest on July 27, while the put‑to‑call ratio fell to roughly 0.52, down from 0.76 in late June. Traders reduced downside hedges ahead of the upcoming Federal Reserve decision, indicating confidence in short‑term price stability.
Market liquidity remained robust, with daily trading volume ranging from $12 billion to $24 billion. Technical indicators such as the Relative Strength Index hovered near neutral (around 51), and the funding rate stayed positive, reinforcing a prevailing long‑side sentiment.
Entities
Alphractal · Benjamin Cowen · Bitcoin · Bitcoin · Bitcoin · Bitcoin (BTC) · Bitfinex · Coinglass · CrypNuevo · Deribit · Doctor Profit · Glassnode
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Bitcoin traded near $64,500 over the weekend. cryptoslate.com · captainaltcoin.com
- [○ 1 SOURCE] Key support levels for Bitcoin are $62,500 and a floor around $60,000. cryptoslate.com
- [○ 1 SOURCE] Bitcoin rejected a 4‑hour order block near $67,000 on July 25. sofokleous10.gr
- [● 2 SOURCES] Bitcoin traded at $63,985 on July 25. sofokleous10.gr · cryptoslate.com
- [○ 1 SOURCE] US‑traded spot Bitcoin ETFs shed about $240 million on July 24. cryptoslate.com
- [○ 1 SOURCE] Bitfinex placed short‑term holder cost basis near $68,073. cryptoslate.com
- [○ 1 SOURCE] Analyst Benjamin Cowen warned the July rally may have at most two weeks left before seasonal weakness. sofokleous10.gr
- [○ 1 SOURCE] Key resistance levels for Bitcoin are $65,000 and $68,000. cryptoslate.com
- [○ 1 SOURCE] Immediate resistance lies between $65,700 and $65,800. cryptonewsland.com
- [○ 1 SOURCE] Bitcoin traded around $65,349, staying above the 0.618 Fibonacci retracement near $65,100. cryptonewsland.com
- [● 2 SOURCES] Measuring open interest in Bitcoin, rather than USD, removes price‑movement bias and clarifies leveraged exposure. www.tronweekly.com
- [● 2 SOURCES] Bitcoin was priced at $64,542, up 0.84% in 24 hours, with $12.43 billion daily volume and a $1.29 trillion market cap. www.tronweekly.com