Bitcoin futures support amid weakening spot demand, risk of slipping below $63,000

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1. 1Bitcoin slipped below $65,000 on August 13, struggling to hold near the $63,000 level.
2. 2CryptoQuant data shows spot demand weakening and turning net negative, while futures demand remains net positive.
3. 3Futures-led rebounds lack durability without spot buying, and a renewed break below $63,000 could put recent recovery under pressure again.

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