BTC (BTC) Price, Analysis, Predictions, and Calculator
62402.39 USD
24 Hour Statistics
BTC Price Chart
BTC Calculator
How to Convert BTC to USD?
Most likely, we could convert it by the medium of USD backed cryptocurrency for the transaction of BTC to USD. For example, USDT, USDC, etc.
What is the rate of BTC to USD?
The Current Price is $62402.39.
Latest News
Latest BTC Price Analysis, Prediction, News and Insights
| Time | Details |
|---|---|
| 08:00 |
Bitcoin: Record ETF Outflows Break $65K Support
Bitcoin spot ETF outflows hit $4.37B over 13 days, longest streak on record, as BTC breaks below $65K monthly EMA support amid AI fund rotation. |
| 05:57 |
Bitcoin: Sentiment Index Hits Most Bearish Since May 2
Bitcoin sentiment index reaches most bearish reading since May 2 at $64389.41 with RSI at 20.12 and MACD death cross on 4h chart. |
| 03:48 |
Bitcoin: Rebounds Near $64,000 After $62,000 Drop
Bitcoin rebounds near $64,000 after falling below $62,000, now 51% under its October 2025 high, with $1.7 billion liquidated in 24 hours. |
| 02:38 |
Bitcoin: Quantum Discount Hits 28% on Oversold BTC
Bitcoin quantum discount reaches 28% as BTC trades at $63261.23 with RSI at 16.14 and MACD death cross confirming bearish structure. |
| 02:03 |
Bitcoin: Drops Below $62K on Bearish 4H Chart
Bitcoin falls under $62K at $62491.65 with EMA50 at $71168.44 and RSI(14) at 14.91 signaling oversold conditions. |
| 01:34 |
BTC: Trader Exits Long at $66000 With $5.5M Loss
BTC trader @Jason60704294 exits long position at $66000, booking up to $5.467 million loss as price trades at $62332.9 amid bearish structure. |
| 01:25 |
Bitcoin: Garrett Jin's 5x BTC Long Loses $17M
Bitcoin drops below $63000, leaving Garrett Jin with over $17M floating loss on 5x long as RSI hits 15.2 oversold on 4h chart. |
| 01:07 |
Abraxas Capital: Sells 2469 BTC at $67210 Avg
Abraxas Capital offloads 2469 BTC for $166M as BTC holds $62242 with oversold RSI on 4h chart. |
| 2026-06-03 21:03 |
MicroStrategy: STRC Yield Structure Cracks at $94.84
MicroStrategy STRC falls to $94.84 after Strategy sells 32 BTC for dividends while Bitcoin holds $65690 amid oversold RSI signals. |
| 2026-06-03 20:56 |
Bitcoin: Coinbase Leads Institutional Sell-Off
Bitcoin trades at $65008.45 as Coinbase drives sell-off via institutional exits, with bearish EMA structure and oversold RSI on 4h chart. |
| 2026-06-03 19:54 |
Strategy: STRC Drops to $94.84 on BTC Weakness
Strategy's STRC falls to $94.84 after Bitcoin dumps toward $67K and the firm sells 32 BTC for dividends, breaking its no-sale rule. |
| 2026-06-03 18:56 |
Bitcoin: Sinks to Lowest Price Since March
Bitcoin hits $65668.84, lowest since March, as oil rises; 4h chart shows bearish EMA50 resistance at $71830.35 and RSI 21.4 oversold. |
| 2026-06-03 18:27 |
Kalshi: Traders Forecast Bitcoin Low at $49,000
Kalshi traders forecast Bitcoin low of $49,000 as BTC trades at $66053.85 with bearish 4h signals including RSI 22.46 and MACD death cross. |
| 2026-06-03 17:45 |
Bitcoin: Liquidity Shifts Test $65k Support
Bitcoin liquidity dynamics at $65k on Binance draw focus as 4h RSI hits 22.51 oversold amid bearish MACD death cross at $66070.71. |
| 2026-06-03 16:00 |
DecryptMedia: Bitcoin Saylor Problem Live Stream
DecryptMedia covers Bitcoin Saylor Problem and HYPE breakout live at $65964.18 with oversold RSI 22.21 on 4h chart. |
| 2026-06-03 15:44 |
Bitcoin: Drops to $66K as Spot Sellers Regain Control
Bitcoin falls to $66K with profitability collapsing and realized losses surging below ETF cost basis amid elevated options risk on 4h chart. |
| 2026-06-03 14:21 |
Bitcoin Whale: Buys 401 BTC After $2.5M Loss
Bitcoin whale buys 401 BTC ($26.86M) at $66,957 average after losing $2.5M on prior trade bought at $95,423 and sold at $64,243. |
| 2026-06-03 13:18 |
Bitcoin: Trails Stocks by Most Since 2019
Bitcoin trails stocks by widest margin since 2019 at $67144 with bearish 4h signals as traders shift focus. |
| 2026-06-03 12:51 |
BlackRock: Deposits 6005 BTC into Coinbase Prime
BlackRock deposits 6005 BTC ($403M) into Coinbase Prime as BTC trades at $67039.77 with oversold RSI on 4h chart. |
| 2026-06-03 12:00 |
Bitcoin Corporate Day: Dragosch to Join Saylor in Prague
Bitcoin Corporate Day Prague on June 10 features André Dragosch with Michael Saylor as institutions pursue Bitcoin exposure, BTC trading at $67023.67. |
| 2026-06-03 11:30 |
BlackRock: Deposits 6005 BTC to Coinbase
BlackRock deposits 6005.46 BTC worth $403.15M into Coinbase as BTC trades at $67123 with oversold RSI and bearish MACD on 4h chart. |
| 2026-06-03 08:51 |
ETH Whale 0x737: Sells 7901 ETH for $14.65M
ETH whale 0x737 sold 7901 ETH for $14.65M at $1854 while retaining 6502 ETH worth $12.18M, with Ethereum price at $1879.94 amid bearish 4h structure. |
| 2026-06-03 07:58 |
Lookonchain: Trader Shorts 1040 BTC After $1.23M Wins
Lookonchain flags trader with 23 straight BTC wins now short 1040 BTC at 20x leverage, down $874K with $70,084.9 liquidation. |
| 2026-06-03 03:20 |
Bitmine: Down $8.9B on 5.4M ETH Holdings
Bitmine loses $8.9B on 5,416,901 ETH at $10.03B while Strategy drops $7.6B on 843,706 BTC; ETH price prediction points to further downside amid crypto market crash signals. |
| 2026-06-03 03:07 |
Bitcoin: Drops $6000 After Strategy First Sale
Bitcoin falls $6000 after Strategy discloses first BTC sale in 3.5 years, with $2.41 billion liquidated in 48 hours and holdings at 843706 BTC. |
| 2026-06-03 02:05 |
Binance: New Wallet Withdraws 810.3 BTC
Binance processes 810.3 BTC withdrawal worth $54.11M by new wallet as BTC trades at $66830 with bearish 4h signals. |
| 2026-06-03 01:54 |
Strategy: Sells 32 BTC After sUSDat Dip
Strategy sold 32 BTC at $77,135 avg while sUSDat fell to $0.93 then recovered to $0.98, raising $128.3M via stock sales. |
| 2026-06-03 00:31 |
Abraxas Capital: Offloads 1000 BTC on Kraken
Abraxas Capital sold 1000 BTC for $67.49M via Kraken, pushing BTC to $67053 amid bearish 4h structure and oversold RSI. |
| 2026-06-02 21:14 |
Strategy Shares: Fall Second Day on Bitcoin Giant Sale
Strategy shares drop for second straight day after $56B Bitcoin giant sells BTC, with price at $67680.7 showing bearish EMA structure and oversold RSI on 4h chart. |
| 2026-06-02 21:03 |
Clarity Act: Senate Legislative Calendar Addition
Clarity Act reaches Senate calendar, advancing US Bitcoin regulation amid crypto market stability efforts. |
| 2026-06-02 19:46 |
Bitcoin: Oversold RSI Hits 14.98 on 4H Chart
Bitcoin trades at $67372.48 with RSI at 14.98 and MACD death cross, testing lower Bollinger support at $67032.48 amid bearish EMA structure. |
| 2026-06-02 19:21 |
Bitcoin: Polymarket Sees 50% Odds of Sub-$50K Drop
Bitcoin holds 50% chance of crashing below $50,000 by year-end on Polymarket as BTC trades at $66,791 amid bearish 4h structure. |
| 2026-06-02 19:15 |
NEAR: Trader Eyes $3+ Break if BTC Holds
NEAR at $2.52 eyes $3+ highs as it flips resistance to support despite BTC capitulation pressure, per @CryptoMichNL analysis. |
| 2026-06-02 18:31 |
Bitcoin: Hits $67,000 Level
Bitcoin hits $67,000 with price at $67367.82 testing lower Bollinger support amid bearish EMA50 at $73299.43 and oversold RSI of 14.56 on 4h chart. |
| 2026-06-02 17:32 |
IBIT: Flows Draw Macro Attention for BTC
IBIT flows gain weight in spot market macro as BTC sits at $67589.22 with RSI at 17.17 oversold and bearish MACD. |
| 2026-06-02 17:16 |
BTC: Bid Clusters Form at $65K and $60K
BTC spot orderbooks hit highest bid depth since $60K sweep with clusters at $65K and $60K after relentless selling from $74K. |
| 2026-06-02 15:57 |
Bitcoin: Traders Turn Bearish on Monthly Low
Bitcoin at $67689.49 sees traders flip bearish with RSI at 18.3 and MACD death cross on 4h chart. |
| 2026-06-02 15:41 |
Gracy Chen: Bitcoin Buy at 50k Amid Bearish BTC
Gracy Chen targets Bitcoin below 60k with 50k accumulation zone as BTC trades at 67593 amid EMA50 resistance at 73308. |
| 2026-06-02 14:30 |
Bitcoin: Falls Below $68,000
Bitcoin falls below $68,000, down $6,500 in 40 hours, with 4h chart showing RSI at 15.82 and MACD death cross. |
| 2026-06-02 14:09 |
Bitcoin ETFs: $483M Daily Outflow Recorded
Bitcoin ETFs posted -7,042 BTC (-$483.59M) 1D netflow June 2 while Ethereum ETFs lost -22,452 ETH and Solana ETFs gained +4,066 SOL. |
| 2026-06-02 13:20 |
BTC: Whale Buys $130M Amid Declining Price
BTC whale accumulates $130M as price falls to $69093; spot flows remain key driver for Bitcoin price prediction and crypto market crash risks. |
| 2026-06-02 12:36 |
Goldman Sachs: Bitcoin Equity Basket Breaks Higher
Goldman Sachs Bitcoin-sensitive equity basket breaks higher as BTC holds $69209.62 with RSI at 18.54 oversold on 4h chart. |
| 2026-06-02 12:13 |
Bitcoin: Falls Below $70,000 First Time Since April
Bitcoin drops below $70,000 to $69137 with bearish EMA structure and oversold RSI on 4h chart, raising BTC price prediction concerns. |
| 2026-06-02 11:29 |
BlackRock: Deposits 4,500 BTC Into Coinbase
BlackRock deposits 4,500 BTC ($312.49M) and 17,511 ETH ($34.57M) into Coinbase custody, with more inflows expected. |
| 2026-06-02 09:44 |
Mt. Gox: Transfers 116.3 BTC Toward Bitstamp
Mt. Gox moves 116.3 BTC ($8.25M) from cold to hot wallet with test transfer to Bitstamp, leaving 34,500 BTC ($2.39B) amid ongoing creditor repayments. |
| 2026-06-02 04:58 |
Mt. Gox: Moves 10306 BTC to New Wallet
Mt. Gox shifts 10306 BTC worth $730.78M into new wallet as BTC trades at $70688.43 with RSI at 24.43. |
| 2026-06-02 03:47 |
Bitcoin ETF: $483.8M Net Outflow on June 1
Bitcoin ETF posted $483.8M net outflow June 1 led by IBIT -$440.3M as BTC trades at $70935.28 on 4h chart. |
| 2026-06-02 02:35 |
Polymarket: 62% Odds Bitcoin Crashes Below $55,000
Polymarket shows 62% probability Bitcoin crashes below $55,000 in 2026 as BTC trades at $70705 with bearish 4h signals. |
| 2026-06-01 22:03 |
TON: Telegram CEO Confirms Gram Rebrand
TON at $2.13 pumps after Telegram CEO confirms rebrand to Gram, with bullish EMA50 support at $1.89 and MACD golden cross on 4h chart. |
| 2026-06-01 20:29 |
Strategy: Bitcoin Sale Timing Disputes $50M Polymarket Bet
Strategy's Bitcoin sale timing disputes a $50 million Polymarket bet as BTC trades at $71596.7 amid bearish EMA structure and oversold RSI. |
| 2026-06-01 17:38 |
Swan Bitcoin: Drops UK Mining Litigation
Swan Bitcoin drops Bitcoin Mining Case, concedes no proprietary assets in UK litigation as BTC tests $71632 support levels. |
| 2026-06-01 17:31 |
Bitcoin: Institutions Absorb 1.63M BTC Since ETF Launch
Bitcoin institutions bought 1.63M BTC since ETF launch against 435K mined, now holding 2.56M or 12.7% supply as Wall Street drains float. |
| 2026-06-01 16:44 |
BTC: Spot Bid Returns on LTF Doji
BTC at $71784.59 shows spot bid return off LTF doji as taker buying rises, with 4h chart testing lower Bollinger support amid bearish EMA structure. |
| 2026-06-01 15:11 |
Lookonchain: Firms Sell 540 BTC as Sentiment Softens
Lookonchain reports 3 public companies sold 540 BTC for $38.61M while Bitmine bought 26,497 ETH; BTC tests lower Bollinger support at $71,352. |
| 2026-06-01 14:14 |
Bitcoin: Macro Discount Widens Further
Bitcoin macro discount expands as André Dragosch notes improving surveys force BTC repricing higher at $71440.98. |
| 2026-06-01 13:29 |
Bitcoin: Bitwise Publishes June 2026 Macro Report
Bitcoin Macro Investor report from Bitwise covers performance and on-chain data as BTC holds $71662.71 amid bearish EMA structure. |
| 2026-06-01 13:09 |
Bitmine: Adds 26K ETH as Strategy Sells BTC
Bitmine buys 26,497 ETH ($52.6M) to reach 5.42M tokens worth $10.75B while Strategy sells BTC, with ETH price at $1978.79 showing bearish 4h signals. |
| 2026-06-01 13:05 |
Strategy: Sells 32 BTC for $2.5M
Strategy sells 32 BTC for $2.5M while Bitcoin sits at $71663.89 with RSI at 24.8 and bearish MACD on the 4h chart. |
| 2026-06-01 12:58 |
Strategy: Sells 32 BTC at $77135 First Time in 3 Years
Strategy sold 32 BTC for $2.47M at $77135, marking first sale since 2022. Bitcoin technicals show bearish structure at $71890.91 with oversold RSI. |
| 2026-06-01 12:57 |
Strategy: Sells 32 BTC Breaking Never-Sell Stance
Strategy sells 32 BTC at $77,135 while BitMNR buys 26,497 ETH at $2,061 amid $81.16B unrealized losses on 5.4M ETH holdings. |
| 2026-06-01 12:54 |
BTC: Longs Build After $72K Sweep
BTC at $71902.11 builds longs post $72K sweep as shorts take profit, with 4h bearish structure and oversold RSI signaling potential bounces. |
| 2026-06-01 12:53 |
Strategy: Sells 32 BTC for $2.5M
Strategy sells 32 BTC for $2.5M as BTC trades at $72075.44 with bearish EMA structure and oversold RSI on 4h chart. |
| 2026-06-01 12:50 |
Bitcoin: Strategy Sells 32 BTC in Week Filing
Bitcoin: Strategy sells 32 BTC over past week per filing, with spot selling and TWAP shorting preceding the move at $71929.57 amid bearish 4h structure. |
| 2026-06-01 12:44 |
Bitcoin: Saylor Sells 32 BTC as FUD Clears
Bitcoin: Michael Saylor sells 32 BTC for $2.5M, ending FUD and shifting markets neutral with bullish implications at $71800. |
| 2026-06-01 12:38 |
Bitcoin: Strategy Sells 32 BTC for First Time Since 2022
Bitcoin drops below $72000 after Strategy sells 32 BTC worth $2.5 million, its first sale in 3.5 years while still holding 843706 BTC purchased for $63.86 billion. |
| 2026-06-01 12:35 |
Strategy: Sells 32 BTC for $2.5 Million
Strategy sells 32 BTC for over $2.5 million as Bitcoin trades at $71614 amid bearish 4h structure with RSI at 24.53. |
| 2026-06-01 12:17 |
MicroStrategy: Sells 32 BTC After 41-Month Streak
MicroStrategy sold 32 BTC worth $2.5 million, first sale since December 2022. BTC trades at $72266.69 with bearish EMA50 at $74535.22 and oversold RSI. |
| 2026-06-01 12:17 |
Bitcoin ETFs: $3B Losses Over 10 Days
Bitcoin ETFs posted $3B outflows in 10 days with YTD flows now negative at $72036 BTC price amid bearish 4h structure. |
| 2026-06-01 12:07 |
MicroStrategy: Sells 32 BTC After Three-Year Pause
MicroStrategy sold 32 BTC last week in first disposal since 2023, moving 411 BTC to Coinbase while holding 843000 BTC worth $62.2B. |
| 2026-06-01 11:36 |
Bitcoin: Seasonality Breakdown Released by Dragosch
Bitcoin seasonality breakdown by year and month shared by André Dragosch as BTC trades at $72186.52 with bearish 4h structure. |
| 2026-06-01 06:32 |
Bitcoin: Whales Withdraw 984 BTC From BitGo
Bitcoin whales pulled 984 BTC ($72M) from BitGo via new wallets, highlighting ongoing accumulation patterns as price holds $73151.8 on 4h chart. |
| 2026-06-01 06:12 |
dYdX: Fee Holiday Extended for BTC Markets
dYdX community approves Fee Holiday extension for BTC and BONK perpetuals through June 2026, with BTC trading at $73303.76 amid bearish EMA structure. |
| 2026-05-31 03:20 |
Citibank: Bitcoin $189k Target Set for 2026
Citibank forecasts Bitcoin at $189k in 2026. BTC trades at $74144.91 with bearish EMAs yet MACD golden cross signals continuation. |
| 2026-05-30 15:13 |
BTC: Perp Buyers Lift Weekend Grid
BTC at $73877.15 shows perp-driven weekend action with buyers chasing and shorts fading amid bearish EMAs at $75208 and $76728. |
| 2026-05-30 15:07 |
Bitcoin: 2013 $1K Dinner Now Worth $750K
Bitcoin at $73894.73 shows 2013 dinner spend of 10 BTC now equals $750000, underscoring HODL amid bearish EMA structure and MACD golden cross. |
| 2026-05-30 12:07 |
Binance: Bitcoin Order Book Thin to Upside
Binance Bitcoin order book extremely thin to upside per FireCharts, path of least resistance up at $73704.9 with MACD golden cross on 4h chart. |
| 2026-05-30 11:00 |
Bitcoin: Cycle Amplitude Collapses With Maturation
Bitcoin cycle amplitude collapses as structural risks fade, per Bloomberg ETF analyst. BTC at $73620.74 shows compressed volatility on 4h chart. |
| 2026-05-30 08:18 |
Bitcoin: 200WMA Passes $61K
Bitcoin 200WMA passes $61k while BTC trades at $73523.46 on bearish 4h structure with EMA50 resistance at $75259.66. |
| 2026-05-30 04:49 |
Strategy: Withdraws 411.5 BTC From Coinbase Prime
Strategy withdraws 411.5 BTC ($30.2M) from Coinbase Prime, reversing deposit and sparking canceled sale speculation with Polymarket odds at 84%. |
| 2026-05-30 04:33 |
Bitcoin ETF: Posts $125M Net Outflow
Bitcoin ETF total net flow hits -125.3 million USD on 2026-05-29 with IBIT at -68.2 million, FBTC at -31.9 million amid BTC price action. |
| 2026-05-30 01:05 |
Bitmine: Fundstrat Buys 25,000 ETH
Bitmine acquired 25,000 ETH for $50.56M; ETH trades at $2017.87 with bearish EMA structure but MACD golden cross on 4h chart. |
| 2026-05-30 00:34 |
Fidelity: FBTC Logs $31.9M Bitcoin ETF Outflow
Fidelity FBTC records -31.9 million Bitcoin ETF flow as BTC holds $73485.83 with bearish EMA structure on 4h chart. |
| 2026-05-29 18:55 |
Bitcoin: May Dip Follows 2026 Monthly Pattern
Bitcoin at $73339 follows 2026 monthly dip pattern with bottom expected today, targeting $77K in June amid altcoin resilience. |
| 2026-05-29 16:03 |
CFTC: First Regulated U.S. Perpetual Contracts Approved
CFTC issues policy statement allowing first regulated perpetual contracts in the U.S., reversing five-year offshore trend for BTC and crypto derivatives. |
| 2026-05-29 15:42 |
Bitcoin: Large Shorts Liquidated Above $74K
Bitcoin shorts liquidated above $74K as $73993 price tests resistance with MACD golden cross forming on 4h chart. |
| 2026-05-29 15:31 |
CFTC: Kalshi Gains Bitcoin Perpetual Futures Nod
CFTC approves Bitcoin perpetual futures on Kalshi with BTC at $74025.67 showing bearish EMA structure on 4h chart. |
| 2026-05-29 15:27 |
Bitcoin: Skew Requires VWAP Hold for Upside
Bitcoin at $73956.96 needs daily VWAP defense per Skew with passive and market buying to sustain gains amid BTC price prediction and Bitcoin technical analysis. |
| 2026-05-29 15:09 |
Bitcoin: Chicago PMI Beat Forces BTC Reprice
Bitcoin at $74265 after Chicago PMI beat expectations, implying ISM above 55 and widening macro discount that pushes BTC higher. |
| 2026-05-29 12:53 |
Bitcoin: H&S Pattern Eyes $68K-$69K Q2 Support
Bitcoin volatility to rise into Sunday close with $76k liquidations and head-and-shoulders targeting $68k-$69k as 100 DMA and weekly RSI decide direction. |
| 2026-05-29 12:00 |
Bitcoin: Negative Real Rates Signal Macro Tailwind
Bitcoin receives macro tailwind as Fed holds while inflation climbs, pushing real rates negative in pattern seen since 2019, with BTC at $74288.86. |
| 2026-05-29 11:30 |
Crypto Cards: Volumes Surge 230% Since May 2025
Crypto card volumes hit $7.8B cumulative as monthly payments jump 230% since May 2025, with KASTxyz users routing stablecoin rewards straight into BTC dips at $73583. |
| 2026-05-29 03:32 |
Bitcoin: Altcoins Await BTC Next Move
Bitcoin at $73303.47 with altcoins stalled as EMA50 resistance at $75905.53 and MACD death cross signal further downside before any reversal. |
| 2026-05-29 01:23 |
ETH Whale: Borrows $50M to Buy 20K ETH
ETH whale borrows 50M USDT from Spark, buys 20,000 ETH at $2,011 after sub-$2,000 break. Holdings reach 144,000 ETH with $50.5M unrealized loss. |
| 2026-05-29 00:15 |
Whale: Withdraws 450 BTC From Binance
Whale withdraws 450 BTC ($33.35M) from Binance, now holds 767 BTC with $1.77M unrealized loss amid bearish BTC technicals. |
| 2026-05-28 21:24 |
Bitcoin: $72K-$74K Support Zone Decides Move
Bitcoin at $73848.8 faces $72,000-74,000 support test on 4h bearish signals, with $77,000 breakout needed to avoid further lows. |
| 2026-05-28 20:14 |
MSTR: PhongLe Details BTC Acquisition Strategy
MSTR CEO PhongLe outlines Bitcoin per share growth via capital markets on Fox Business with LizClaman amid $73617.83 BTC price action. |
| 2026-05-28 17:46 |
Bitcoin: Disconnects From Global Rally Since October 2025
Bitcoin down 39.56% since October 2025 while KOSPI surges 126.70%, Nasdaq rises 21.52% and other assets rally, with BTC at $73655.12 on bearish 4h structure. |
| 2026-05-28 15:52 |
Bitcoin: Traders Bet on Sub-$70K Drop by May End
Bitcoin traders ramp up bets on price below $70K by May 2026 end as BTC trades at $72899.98 with bearish 4h signals and oversold RSI. |
| 2026-05-28 15:13 |
Bitcoin: AXIOS Iran Deal Fuels BTC Buying
Bitcoin at $72950.39 buys on AXIOS Iran-US deal reports as Skew flags make-or-break moment with bearish EMA50 at $76222.51 and oversold RSI. |
| 2026-05-28 14:10 |
Bitcoin: Supply at Loss Rises to 8.33M BTC
Bitcoin supply held at a loss climbed to 8.33M BTC from 7.75M as price fell to $72.9k, adding 580k BTC to underwater positions and near-term sell pressure. |