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Strategy Selling Worries Return as Bitcoin Slips to $64.5K Weekly Low

Bitcoin traded near $65,000 after setting a week-to-date low of $64,500 amid renewed concerns that Strategy may sell more BTC to cover dividends. The pullback follows brief optimism on June 14 when StanChart flagged three potential bottom signals including fresh corporate buying and ETF inflows. Persistent spot ETF outflows exceeding $4.4 billion since mid-May and a 652,000 BTC collapse in total demand have kept sentiment depressed, with price holding just 9% above the $53,600 realized-price floor identified by CryptoQuant.

Category

Bitcoin

Sentiment

Mixed

Event

Market commentary

Reading time

1 min