Bitcoin Falls to 2-Month Low After Strategy Sells BTC, ETFs Flip Negative for the Year

BTC

BTC/USDT

$84,435.87

+1.02%

$84,435.87

+1.02%

(24s)

24h Volume

$20,092,010,668.54

24h H/L

$84,942.45 / $82,874.93

Change: $2,067.52 (2.49%)

Long/Short

57.4%

Long: 57.4%Short: 42.6%

Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,264.00

▼ -0.17%

Volume (24h): -

Resistance Levels

Resistance 3$94,549.91

Resistance 2$86,763.46

Resistance 1$84,366.01

Price$84,264.00

Support 1$83,209.30

Support 2$77,001.87

Support 3$75,259.66

Pivot (PP):$84,075.87

Trend:Uptrend

RSI (14):64.9

Decrypt Editorial

(02:24 PM UTC)

1 min read

Reviewed byDavid Kim

Bitcoin has fallen to a mark it hasn't seen since early April, recently trading around $71,614.
The top crypto has fallen more than 2.5% in the last 24 hours amid continued ETF outflows, which have now flipped negative for the year.
Plus, Bitcoin's leading treasury firm Strategy flipped the script, dumping $2.5 million in BTC last week.

The price of Bitcoin dipped to a nearly…