The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Bitcoin tested critical support at $60,000 following $10 billion in spot ETF outflows and a surge in whale deposits to exchanges. The Relative Strength Index (RSI) hit its most oversold levels since 2020 as traders weighed capital rotation into the AI sector. Prices eventually stabilized near $61,739 after MicroStrategy Chairman Michael Saylor hinted at potential further Bitcoin acquisitions.