Svmuu News: Driven by profit-taking in AI-related assets and a decline in market risk appetite, Bitcoin has fallen to around $62,000, marking a cumulative drop of nearly 16% from last week’s high of over $74,000.Market analysts believe that if the $60,000 psychological level is breached, the next key technical support level for the Bitcoin could be around $55,000.Additionally, the U.S. spot Bitcoin ETF has recorded net outflows for 15 consecutive trading days, totaling over $4.7 billion, while Strategy disclosed this week that it sold Bitcoin for the first time since 2022, further dampening market expectations of institutional buying.