BTC Price Slips 4% to $62K; Traders Eye Further Downside Risk Before Post-Halving Rally
• BTC price slipped 4% to weekly low near $62K support level on April 1 • Return of institutional flows unable to spark further upside despite lack of major GBTC outflows • Trader warns 200-period moving average dip below $67,330 may be possible • Analysis shows "smart money" bidding toward $62K, expecting new ATHs post-halving • Institutional buyers unsure where prices will land, happy to DCA from $62K-69K range