Bitcoin longest – Bitcoin has fallen for a fifth straight day, posting its longest losing streak since August as heavy liquidations erased about $4 billion in bullish bets and investors pulled nearly $4.4 billion from US-listed Bitcoin ETFs over 13 straight sessions. The week’s
Bitcoin’s slide is no longer the kind traders dismiss as noise. It has turned into a bruise—one that stretched into Thursday’s fifth straight day of declines, with the price dropping as low as $61,322 before clawing back some losses.
By then, the move had already become the longest losing streak since August. Bitcoin is now trading at a four-month low. edging toward a familiar line in the sand near $60. 000—around the level it last tested in early February. The week has felt brutal across crypto, and not just because the chart looks bad. Liquidations have punished bullish positioning, and confidence has thinned as the market repeatedly fails to stabilize.
A week marked by multiple shocks helped push sentiment lower. Strategy Inc.—the dominant corporate buyer in the market—completed its first sale of Bitcoin since 2022. The broader ETF market has also started to flip from a support role to a drag: investors have pulled nearly $4.4 billion from US-listed Bitcoin ETFs over the past 13 sessions. extending a record-long streak of outflows.
“This week has been painful in crypto. There is really no other way of putting it,” Geoffrey Kendrick, Standard Chartered Plc’s head of digital asset research, said in a note.
The impact of the selloff has been visible in the losses piled up by traders who were positioned for a rebound. Data from CoinGlass shows that almost $4 billion in bullish bets has been wiped out since the start of the week. with Bitcoin leading the way. The declines have been far steeper this week than the six-day losing run Bitcoin endured through Aug. 2 last year.
And the damage isn’t staying inside Bitcoin. Ethereum, the runner-up token, is down to its lowest level since April 2025, trading around $1,780 at 8:40 a.m. on Thursday, while Bitcoin was around $63,500.
For many investors, the most immediate question is what happens next—specifically, what Strategy does on Monday. Kendrick framed it as crucial timing, pointing to Strategy’s usual pattern: it typically announces Bitcoin purchases on Monday. This week’s sale of 32 Bitcoin was small next to Strategy’s reported $53 billion reserve. but it landed in a bearish environment—one already strained by ETF outflows and broader market weakness—making the confidence hit feel outsized.
Kendrick also compared the moment to Strategy’s previous sale in December 2022. when after selling. it bought more tokens than it had divested. “This time I suspect the buying following the selling will be more aggressive. ” Kendrick wrote. adding that it could be as much as 100 times the number of tokens Strategy divested.
The week’s selloff has also sharpened a separate, uncomfortable storyline: Bitcoin’s divergence from tech stocks. The token has slipped even as technology shares climbed to records. Bitcoin’s value is down about half since hitting an all-time high above $126,000 last October.
Within crypto, attention has been shifting too. Artificial-intelligence stocks have become the market’s dominant growth trade. retail investors are putting money into short-dated options and prediction markets. and stablecoins plus perpetual futures are drawing interest that might previously have gravitated toward Bitcoin.
Stephane Ouellette. chief executive officer and co-founder of FRNT Financial Inc. described how retail behavior could be contributing to the pressure. “I’d speculate that some of the more extreme weakness today in BTC was pushed by investors trying to raise cash to finance their purchases of. particularly. the SpaceX IPO next week. ” he said.
The market now sits in a narrow window of belief: some are watching for Monday’s signal from Strategy. others are trying to decide whether the $60. 000 area is where selling finally stops. Either way. this week’s numbers have made one thing hard to ignore—when liquidations stack. ETF outflows persist. and even the sector’s biggest corporate buyer sells. confidence doesn’t just fade. It gets erased.
Bitcoin losing streak Strategy Inc. Bitcoin sale Bitcoin ETF outflows CoinGlass liquidations Michael Saylor Ethereum lowest since April 2025 crypto market confidence $60 000 support