BTC UPDATE โ€“ JUNE 4, 2026

Price: $63,300 โ€“ $63,500 (โ–ผ -15% weekly, 50% from ATH)

The triggers:
๐Ÿ‡ฎ๐Ÿ‡ท Iran struck US bases โ†’ US retaliated โ†’ oil up, risk off
๐Ÿ‹ Strategy sold 32 BTC (first sale in years)
๐Ÿฆ ETF outflows: $4.21B in 3 weeks

Technical picture:
RSI: 15 (extreme oversold)
Support: $62K โ†’ $60K โ†’ $53.9K
Resistance: $65K โ†’ $83K (ETF cost basis)

Sentiment: Extreme Fear (19)

๐Ÿ‘‡ Buying the dip or waiting for lower?

$BTC

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