U.S. spot Bitcoin ETFs drew over $200 million in net inflows for a second consecutive day on August 4, 2026, led by BlackRock's IBIT which captured $170.35 million. Despite this strong institutional demand, Bitcoin's price remained compressed near $64,000, far below its October 2025 record of $126,198. Analysts point to historically low options volatility and seller exhaustion metrics to suggest a market bottom is forming through consolidation, even as long-term price predictions for 2026 range from $73,760 to $250,000.
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