Bitcoin enters the 'Summer of Volatility': Over the past month, BTC has dropped more than 20%. Spot ETFs have seen net outflows of approximately $3.83 billion since May. Strategy selling, Mt.Gox wallet movements, and whale sell-offs have amplified market panic. At the same time, capital is pouring into AI tech stocks, with mega IPOs like SpaceX, OpenAI, and Anthropic potentially further diverting risk appetite. What Bitcoin needs to hold onto next isn’t just the $60K level, but also the market’s patience and confidence.