bullish

Bitcoin

Flash

Drops

would

Bitcoin price dipped around 1.5% today and is now trading below&nbsp;$64,000 again. The token did bounce from $62,500&nbsp;, which was today’s low, but the recovery has been weak.
We are in a bear market. Bitcoin crashed from the 2025 all-time high at $125,000. The decline has been painful. But <a href="https://captainaltcoin.com/bitcoin-price-warning-dont-ignore-the-weakest-crypto-volume-in-2-years/" rel="noopener noreferrer nofollow">Bitcoin price news</a> today is mixed.
Let me explain the key developments.
<h2 class="wp-block-heading" id="coinshares-record-8b-outflow-streak-ends">CoinShares: Record $8B Outflow Streak Ends</h2>
Digital asset investment products have finally reversed course. CoinShares reported that the record eight-week outflow streak, which drained roughly&nbsp;$8 billion from crypto funds, ended with $287 million&nbsp;in inflows last week.
The softer-than-expected US CPI and PPI data then drove a further&nbsp;$415 million&nbsp;of inflows across Tuesday and Wednesday, mainly into Bitcoin. This suggests that institutional investors are starting to dip their toes back in.
However, CoinShares remains cautious. The firm still expects Bitcoin to remain rangebound and sees a break above&nbsp;$80,000&nbsp;as unlikely without a clearer shift in monetary policy expectations. The inflows are a positive sign, but they are not yet enough to signal a sustained recovery.
<h2 class="wp-block-heading" id="supply-in-profit-drops-below-50-a-historic-bottom-signal">Supply in Profit Drops Below 50% – A Historic Bottom Signal</h2>
Analyst Quinten highlighted a key on-chain metric. The supply of Bitcoin in profit has dropped below&nbsp;50%&nbsp;.
This is significant. Historically, this level has marked the Bitcoin bottom in&nbsp;every single cycle. The chart attached to Quinten’s tweet shows that supply in profit has dropped beneath 50%, which has marked the BTC bottom in every cycle. The data also shows that the drop in each bear market is diminishing at a predictable rate.
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 <figcaption>Source: <a href="https://x.com/QuintenFrancois/status/2078175649563328977?s=20" rel="noopener noreferrer nofollow">X/@QuintenFrancois</a>
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When less than half of Bitcoin holders are in profit, it typically means that the weak hands have been shaken out. The sellers are exhausted. The remaining holders are the ones with conviction.
This is a bullish signal for the long term. It does not mean Bitcoin will bounce tomorrow. But it does suggest that the bottom is near.
<h2 class="wp-block-heading" id="ali-martinez-high-volatility-alert">Ali Martinez: High Volatility Alert</h2>
Ali Martinez posted a high volatility alert. A significant amount of dormant Bitcoin has moved on-chain over the past 24 hours.
The attached chart from Santiment shows a massive spike in&nbsp;Age Consumed&nbsp;, hitting roughly&nbsp;31.88 million&nbsp;. Age Consumed measures the number of old coins that are moving multiplied by how long they sat idle. A large spike means that dormant Bitcoin held for months or years is suddenly changing hands.
<blockquote class="twitter-tweet">
 HIGH VOLATILITY ALERT! A significant amount of dormant Bitcoin <a href="https://x.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> has moved on-chain over the past 24 hours. Historically, spikes in old coins changing hands often precede major market moves. <a href="https://t.co/aOv4TPUOMZ" rel="noopener noreferrer nofollow">pic.twitter.com/aOv4TPUOMZ</a>— Ali Charts (@alicharts) <a href="https://x.com/alicharts/status/2078164576924024841?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 17, 2026</a>
</blockquote>
Historically, spikes in old coins changing hands often precede major market moves. When long-term holders start moving their Bitcoin, it can signal a shift in market structure.
<h2 class="wp-block-heading" id="morgan-stanley-completes-e-trade-crypto-rollout">Morgan Stanley Completes E*TRADE Crypto Rollout</h2>
Morgan Stanley has <a href="https://crypto.news/morgan-stanley-unlocks-btc-eth-and-sol-on-etrade/" rel="noopener noreferrer nofollow">completed the full rollout of Bitcoin</a>, Ethereum, and Solana trading on its E*TRADE platform. Eligible clients can now buy, sell, and hold these assets directly for a&nbsp;0.50% fee&nbsp;per transaction. Custody is initially provided by infrastructure partner Zerohash.
This is a bullish development for long-term adoption. It provides a seamless on-ramp for a massive, traditional investor base. Morgan Stanley’s clients are not crypto natives. They are traditional investors who now have a simple way to gain exposure.
The immediate market impact may be gradual as clients onboard. But the long-term significance is clear: crypto is becoming a mainstream asset class.
Read also: <a href="https://captainaltcoin.com/chatgpt-predicts-whether-10000-is-better-invested-in-xrp-or-bitcoin/" rel="noopener noreferrer nofollow">ChatGPT Predicts Whether $10,000 Is Better Invested in XRP or Bitcoin</a>
<h2 class="wp-block-heading" id="bitcoin-price-predictions-today-july-18">Bitcoin Price Predictions Today (July 18)</h2>
Bitcoin is trading below $64,000 after dipping to $62,500 earlier today. The price is unfortunately influenced by tensions in the Middle East, which continue to weigh on risk assets.
Bullish Scenario (30%)
If Bitcoin holds above&nbsp;$63,000 and breaks $64,500&nbsp;, the next target is&nbsp;$65,500 and then $67,000&nbsp;. This would require sustained ETF inflows and a de-escalation in geopolitical tensions.
Neutral Scenario (45%)
Bitcoin continues to trade between&nbsp;$62,500 and $64,500&nbsp;. Low volume. No clear direction. The market waits for the next catalyst. This is the most likely outcome for today.
Bearish Scenario (25%)
If Bitcoin loses&nbsp;$62,500 , the next support is $61,000&nbsp;and then $60,000 . A break below $60,000 would open the door to the&nbsp;$55,000-$57,000&nbsp;region. This would require escalating Middle East tensions or additional bad news.
Overall, <a href="https://captainaltcoin.com/bitcoin-price-could-explode-once-this-on-chain-metric-flips-positive/" rel="noopener noreferrer nofollow">Bitcoin is caught between</a> bullish on-chain signals and bearish macro forces. The short-term direction depends on which side wins.
Subscribe to <a href="https://www.youtube.com/@Captain-Altcoin" rel="noopener noreferrer nofollow">our YouTube channel</a> for daily crypto updates, market insights, and expert analysis.
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The post <a href="https://captainaltcoin.com/bitcoin-price-news-btc-dips-below-64k-but-on-chain-signals-flash-bottom/" rel="noopener noreferrer nofollow">Bitcoin Price News: BTC Dips Below $64K, But On-Chain Signals Flash Bottom</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.

Bitcoin Price News: BTC Dips Below $64K, But On-Chain Signals Flash Bottom

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