The month of June recorded the largest spot Bitcoin ETF outflows in history, with investors pulling $4.06 billion from the funds, breaking the previous record of $3.56 billion.
This is because institutional investors are moving into a more defensive, risk-off position, adding further selling pressure to an already weak market.
However, there is a silver lining. Historically, extreme ETF outflows have often occurred near periods of peak fear, when many investors are selling after prices have al...
🚨 Can $BTC dump to $55K today?
Maybe not today.
But I still believe the real bottom is below $55K.
The reason is simple: every bounce is getting weaker. Bitcoin lost its rising channel, lost the 200 MA, and previous support has now turned into resistance.
Most traders get trapped because they think a $1,000-$2,000 bounce means the trend has changed. It doesn’t. A trend changes when resistance gets reclaimed and buyers can hold it. So far, every recovery has been sold faster than the previou...