โฟ BTC POST โ June 11, 2026
๐ฅ Bitcoin Market Update | June 11, 2026 | @Showdown_pro
BTC is holding around $61,000โ$62,000 โ a critical liquidity zone. The market is in Extreme Fear. Here's your full breakdown ๐
๐ Current Structure:
Price: ~$61,200
Support: $60,000 โ $62,379
Resistance: $68,300 โ $69,000
Key Fib Level: $73,869 (must reclaim for bull trend)
200-Day SMA Target: $75,779 (July estimate)
โ ๏ธ Bearish Signals:
Fear & Greed Index: 9 โ Extreme Fear ๐ด
Only 3 bullish vs 27 bearish technical indicators
50-Day & 200-Day MA both falling since June 7
BTC had only 8/30 green days in last month
โ Bull Case:
$60Kโ$62K is a major historical demand zone
Institutional ETF flows remain a key catalyst
Recovery target: $71,000 by end of June if support holds
๐ฏ Trade Setup:
Buy Zone: $60,000 โ $62,500
TP1: $68,000 | TP2: $73,000 | TP3: $80,000+
SL: Daily close below $58,500
๐ Extreme Fear = Opportunity for patient bulls. Don't panic โ accumulate smart.
@Showdown_pro | #Binance #Square $BTC
