Bitcoin Retests 200-Week SMA at $61,626 as Daily RSI Hits 17.35
Traders are split on whether the confluence signals a bounce zone or a break toward sub-$60,000.
Traders are split on whether the confluence signals a bounce zone or a break toward sub-$60,000.
He pointed to near-flat spot bitcoin ETF holdings and a potential Strategy buyback after a 32 BTC sale.
The loss>profit crossover hit ~10.5M BTC underwater versus ~9.8M in profit, a bear-market condition with uncertain timing.
A rapid dip to $61,300 triggered massive liquidations, followed by a rebound that has traders divided on whether it signals recovery or a bull trap.
The investment firm positions WLD as an 'overlooked' crypto proxy for the impending AI mega IPOs of OpenAI and Anthropic, citing specific catalysts.
Long liquidations dominated the wipeout, while Binance’s BTC balance hit a three-month high of 659,000 BTC.
The 93-day T-bill ETF is built for payment-stablecoin reserve eligibility as CLARITY’s yield fight drags on.
The note links OECD refinancing needs, Japan yield pressure, and wider swap spreads to a two-stage risk-off then liquidity response.
He tied the pitch to Bitmine’s claimed 5.4M ETH holdings and a June 26 Russell 1000 inclusion catalyst for BMNR.
On-chain losses deepened and “extreme fear” returned, even as $100K+ transfers spiked on the dip.
The integration lets Paxos fintech and institutional clients evaluate DOGE, but it does not guarantee listings by Paxos-powered partners.
Analysts flag a potential 10%–20% move after 114 days of compression, but flows and whale behavior conflict.
The package also backs yen-denominated stablecoins and frames the push as keeping pace with US regulation.
Glassnode cohort data shows short-term holder supply shrinking since May 19 while the 5y–7y cohort share edged higher.
The 8-K marks the first reported Bitcoin disposal since 2022 and coincided with BTC slipping below $72,000.
The product runs through FINRA-licensed Atomic Vaults, follows Nasdaq sessions, and pairs launch-period fee waivers with time-boxed incentives.
A $99.62 monthly VWAP supported the fourth straight hold, keeping ATM issuance capacity in focus ahead of June 15 ex-div.
The exchange is pairing the bank rails with access to spot markets, perpetual futures, and Advanced Trade on one platform.
Traders are focused on a tight $72.7K–$74.2K range, nearby $72K liquidity, and a ~$75K CME gap ahead of ISM PMI and jobs data.
The trade printed $1.01 below market as US spot Bitcoin ETFs extended an 11-day outflow streak.