Bitcoin Holds Above $62,000 as Demand Growth Nears -650,000 BTC Extreme

Bitcoin is trading above $62,000 after last week's sharp selloff, but an on-chain demand study argues the stabilization may be fragile. Combined spot and perpetual futures demand growth over 30 days has slid toward -650,000 BTC, a level seen only three times since 2019. Key price zones highlighted include $60,000–$63,000 support and $72,000–$74,000 resistance.