Bitcoin Price News: Mixed BTC ETF Flows, Strategy Still Has $1.25B in Dry Powder

Bitcoin price news is mostly positive today. BTC pumped 2% in the past day and is now back around $64,000. The token briefly touched $63,530 on July 10 before recovering, and is now trading at approximately $63,780, up about 2.2% from the previous day’s close.

The recovery follows a volatile week. Bitcoin dropped below $61,000 earlier in the week but has since bounced. Bulls are defending the $63,000 level, and the market is showing signs of stabilization.

Let us dig into Bitcoin price news today.

Bitcoin ETF Data: Mixed Flows Continue

U.S. spot Bitcoin ETFs recorded total net outflows of $95.30 million on July 9. Spot Ethereum ETFs also had net outflows of $52.08 million, ending a five-day streak of net inflows.

The July flow data shows a mixed picture:

  • July 1: -$284.5 million
  • July 2: +$32.3 million
  • July 3: +$170.3 million
  • July 6: +$265.7 million
  • July 7: +$11.1 million

The outflows on July 9 are a setback, but the overall July trend has been more positive than June. The $265.7 million inflow on July 6 was one of the strongest days in weeks. The key question is whether inflows can become sustained.

Strategy’s $216M Bitcoin Sale: Not From the Monetization Program

Breaking news: Strategy’s recent $216 million Bitcoin sale did not come from its newly approved $1.25 billion BTC Monetization Program.

According to VanEck’s Matthew Sigel, the sale was classified as a dividend payment. The monetization program remains completely untouched.

That means Strategy still has the full $1.25 billion reserve-building selling capacity available. This means Strategy has multiple ways to sell Bitcoin, not just through the monetization program.

Why this matters: The market had assumed the $216 million sale was part of the larger monetization program. It was not. Strategy still has $1.25 billion in dry powder. That is both a potential source of selling pressure and a sign of the company’s continued commitment to Bitcoin.

Lucky’s BTC Chart: Bitcoin at a Crossroads

Lucky, one of the most followed Bitcoin maxis on X with around 2 million followers, tweeted his latest Bitcoin analysis.

He wrote: “A high-leverage trade always grabs attention, IMO. Here’s how I’m reading the current Bitcoin structure. The market will decide who gets paid.”

The attached daily chart shows Bitcoin/USDT on KuCoin from December 2025 through December 2026. The current price sits at $62,711 at the time of the chart.

Source: X/@LLuciano_BTC

Key observations:

The FVG (Fair Value Gap): The chart highlights two Fair Value Gaps labeled “FVG.” The first FVG sits between roughly $90,000 and $95,000; a gap left during the rapid move higher. The second FVG is in the $70,000-$72,000 range. These gaps often act as magnets for price.

The descending channel: Bitcoin has been trading in a descending channel since the all-time high near $100,000. The upper trendline sits near $85,000, and the lower trendline is around $60,000. Price is currently in the middle of the channel, testing support.

Key levels: The chart shows a high near $97,958 and a low near $57,808. The current price is roughly halfway between those extremes. A break above $65,000 would signal strength. A break below $60,000 would signal weakness.

What Lucky is watching: The chart indicates that Bitcoin is at a decision point. The market will decide which direction the next major move takes. The FVGs above means that price may eventually fill those gaps, but the timing is uncertain.

Read also: Claude AI Predicts Bitcoin Price by the End of September 2026

Macro News: Iran and the Assassination Plot

Recent U.S.-Iran clashes and an alleged assassination plot against former President Trump have rattled markets. Bitcoin dropped alongside oil spikes as geopolitical risk returned.

The Fear and Greed Index sits at 28 – still in “Fear” territory. That is an improvement from the extreme fear readings below 20, but it shows that traders remain cautious.

Bitcoin Price Prediction Today (July 10)

Bitcoin is trading just slightly below $64,000 at press time, around $63,780. Here are the possible scenarios for today:

ScenarioPrice TargetKey Conditions
🟢 Bullish$65,000 – $66,000A break above $64,500 with volume. ETF inflows return above $100M. Positive macro news.
🟡 Neutral$63,000 – $64,000Range-bound trading. ETF flows remain mixed. No major catalysts.
🔴 Bearish$61,500 – $62,500A break below $63,000. ETF outflows accelerate. Geopolitical risk escalates.

Our take: Bitcoin is holding above $63,000, which is constructive. The $95 million ETF outflow is a setback, but July flows have been more positive than June. The descending channel indicates more consolidation ahead.

A break above $65,000 would be the strongest signal bulls have had in weeks.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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