3 Bearish Signs Flashing for Bitcoin in July 2026

Bitcoin (BTC) has seen a modest recovery over the past week, with prices up 2%. The asset is trading near $64,000, yet three on-chain signals flash bearish for its July rebound. The pressure builds as US strikes on Iran continue, lifting oil prices. That risk-off backdrop has added pressure across crypto markets. Exchange Data Turns
Strategy (MSTR) Sells $263.5 Million in MSTR Shares, Skips Bitcoin Purchase as USD Reserve Tops $3.2 Billion

Bitcoin Magazine Strategy (MSTR) Sells $263.5 Million in MSTR Shares, Skips Bitcoin Purchase as USD Reserve Tops $3.2 Billion Strategy sold $263.5 million in MSTR shares last week without buying bitcoin, raising its U.S. dollar reserve to a record $3.225 billion while maintaining its 843,775 BTC treasury and continuing its recent shift toward cash…
HYPE ETFs Post First Outflow Since May, Ending a 9-Week Streak

Spot Hyperliquid (HYPE) exchange-traded funds (ETFs) recorded their first weekly outflow since launching in May. Bitcoin (BTC) and Ethereum (ETH) funds moved the other way, pulling in fresh capital for a second straight week. The reversal came alongside a sharp decline in the token’s price. HYPE ETF Streak Ends While Majors Recover The HYPE funds
Strategy Extends Bitcoin Buying Pause While Growing Its USD Reserve: Details

Saylor hinted at a new BTC move yesterday on X. However, it was a repeated from the previous week.
Spain’s World Cup Victory Triggers Massive Crypto Losses for Drake and Others: Details

"The Drake Curse" was back in full force.









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