Everyone's dumping Bitcoin while stocks hit records — contrarian bounce play on BTC near $72K
Investors have pulled nearly $3 billion from Bitcoin ETFs over nine straight days of selling — the longest withdrawal streak ever. Meanwhile Bitcoin has slumped to April lows around $72,000 even as regular stock markets keep hitting all-time highs.
Idea
When everyone runs for the same exit at once, the selling often exhausts itself right near the bottom. Bitcoin has bled for nine straight days with record $2.8 billion in ETF outflows — the longest streak since these funds launched — while the S&P 500 keeps grinding to new highs. That divergence is historically unusual and tends to resolve with Bitcoin playing catch-up. Data already shows smaller retail investors stepping in to buy around the $72,000 level. With the broader stock market strong and risk appetite alive and well in AI and tech names, Bitcoin's selloff looks more like a liquidation event than a fundamental shift — and those are the setups that bounce hardest.