💡 Strategy: - Long at $58,200 (limit order) - Stop Loss: $57,500 - Take Profit: $59,500 → $60,500 - Do NOT add more entries at $56K with 30x leverage — risk is too high.
🏦 Record ETF Outflows: - $4.06B outflow in June — worst month ever - 13 consecutive days of outflows - BlackRock IBIT: $1.3B outflow this week
📊 550,000 BTC moved to exchanges — largest since 2023 🐳 Whales: Buying in $58K–$60K range, but also shorting 🏢 MicroStrategy: Can now sell Bitcoin — policy shift
📌 STRATEGY: - Short on bounce to $60k – $60.2k | SL $60.8k | TP $59.26k – $58.5k - Long only if $59k holds with reversal signal | SL $58.5k | TP $60k - Stay flat until support tests
Price bounced from $60k support. Broke bearish trend line at $61.5k. Next resistance: $64.5k – $65k.
📰 NEWS MIX: - ETF outflows: $1.72B in first 5 days of June (IBIT leads at $1.34B) - Whale bought $59.8M BTC+ETH at $63k – still has $70M stablecoins left - JPMorgan warns about Strategy's market impact - US-Iran peace deal "very close" – Trump