Bitcoin Price Outlook: Corporate Treasury Buying Slumps as BTC Trades Near $62,000

Bitcoin is trading around $62,000 and sits more than 50% below its all-time high as two major demand supports—ETF flows and corporate accumulation—appear to be weakening. In a market note, Glassnode said corporate-treasury net inflows dropped as BTC slid from the mid-$70Ks toward $60K, after earlier periods of $500 million+ in daily buying through April and May. The article also cites Strategy's late-May sale of 32 BTC and a subsequent $100 million dip buy that did not prevent a move below $60,000.