MarketPR
$BTC clawed back into a $62,000–$63,000 range this week after briefly breaching the $60,000 level that had served as a psychological floor through the recent selloff.
The recovery landed alongside two market-structure signals worth watching: cumulative ETF outflows hitting $2.97 billion and Strategy executing its first bitcoin sale since 2022.
Price Action: Floor Test, Then Bounce The $60,000 threshold had functioned as a line-in-the-sand during the broader drawdown, making the brief puncture notable even if short-lived.
$BTC's return to the $62,000–$63,000 band suggests demand stepped in at that level, though the source of that demand remains unclear from available data.
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