Bitcoin demand metrics slide to -650,000 BTC as price dips under $62,000

Bitcoin (BTC) traded below $62,000 near $61,754.56 as demand indicators weakened, with a 30-day combined spot and perpetual futures demand growth reading of -650,000 BTC. The report notes BTC fell 8% this week after a 14% drop last week, putting monthly performance at -24%. Analysts highlighted $62,800 (200-week SMA) as overhead resistance and $65,000 as a key level to reclaim.