BTC hit $126K ATH and is now sitting ~49% below that. Most people will call that a crash. Hodlers call it an entry.
The ones who sold at "too high" are the same ones buying back at "too low." Same cycle. Every time.
Bitcoin caught a relief bid after softer core CPI, with BTC near $62.6K. But this still is not a clean risk-on move. Headline inflation, Fed risk and ETF demand still matter more than narratives. One soft CPI print helps; steady inflows would matter more.
Bitcoin is still trading like a macro/flow asset, not a clean risk-on trade.
BTC bounced from ~$60K to ~$62K, but ETF outflows and weak fresh demand still matter. CPI is the next test: cool inflation helps the bounce, hot inflation keeps rallies defensive.
BTC is still trading like a flow market, not a headline market.
Live price is around $63.2K, basically flat on the day. That matters more than it looks: after the early-June drop, Bitcoin is trying to stabilize, but the real signal is still ETF demand.
Recent reports point to the same core issue: spot ETF outflows turned weakness into forced selling, while liquidations cleared some leverage but did not bring back strong buyers yet.
So the market is simple right now:
Below $66K–$68K, BTC is still in repair mode.
A reclaim of that zone with volume would show buyers are back.
More ETF redemptions would keep every bounce fragile.
Do not overcomplicate this move. Watch flows first, price second, narratives last.
Bitcoin is not moving on one story right now. It is moving on flows.
BTC is around $62.8K, almost flat on the day after last week’s hard drop. CoinDesk says the bigger pressure was not Strategy selling a small amount of BTC — it was ETF redemptions after hotter US inflation data.
10x Research says US-listed Bitcoin ETFs saw about $5.4B in net redemptions since the April CPI report. Now the next key event is Wednesday’s CPI print. If inflation stays hot, the market may price “higher for longer” rates again. That is usually bad for risk assets.
But there is one important counter-signal: Strategy just bought 1,550 BTC for about $101M after last week’s selloff, bringing holdings to 845,256 BTC.
Simple read: price can bounce, but ETF flows and CPI matter more than headlines. Follow liquidity, not noise.
Bitcoin just broke below $70k for the first time since April. Three big stories today — all hitting at once.
1️⃣ BTC fell to $69,366. Seven of the last eight four-hour candles closed red. $768M in liquidations, 84% were longs. Open interest at $19.2B unchanged, but one-week put skew spiked from 11% to 17% — that's a lot of downside hedging.
2️⃣ Strategy (MSTR) sold 32 BTC for $2.5M. It's tiny — Michael Saylor still holds over 500K BTC. But it's the first sale since December 2022, and the market reacted like it matters. A $79M Polymarket is now fighting over whether the sale counts if disclosed June 1 but executed May 26-31.
3️⃣ Bitcoin ETFs had their worst streak ever: $3.45B exited over 11 straight sessions. Longest redemption run since ETFs launched in Jan 2024. Meanwhile Nvidia is up 6%, AI stocks are sucking up all the liquidity. Pierre Rochard put it simply: 'AI equities are vacuuming up all excess liquidity, multiples of Bitcoin's market cap.'
4️⃣ Mt. Gox moved 10,422 BTC ($739M) to a new wallet — biggest transfer in months. They still hold 34,504 BTC ($2.43B). The Oct 31 repayment deadline is looming. Every move adds pressure.
BTC is now testing the 0.618 Fibonacci level near $69,000. RSI at 39. No bullish divergence yet. Key level to watch.
Bitcoin consolidating at $74k. BlackRock $2.1B ETF outflow this week, Tether burned $1.2B USDT.
Quantum threat real: nation-states have Shor variants that break ECDSA in <48h on 1.2M qubit systems per Zerotier CEO.
MicroStrategy holds 528k BTC. Saylor calls it the only non-debasable asset.
Halving cycle in 'euphoria compression' — LTH not selling, low exchange balances, ATH hashrate.
Key question for 2026-27: can BTC migrate to post-quantum schemes in time?
#Bitcoin #Crypto #QuantumComputing
US gov just bet $2B on quantum chips — to break Bitcoin encryption. Q-Day is getting closer. 6.04M BTC ($470B) already exposed on-chain. The countdown started.
Mark Cuban sold most of his BTC. Trump Media moved $204M to exchanges. HYPE at new ATH ~$62. Consumer sentiment at all-time low 44.8. Macro is shifting. This is MIO.
BTC just crashed below $76K. $209M in longs wiped.
Kevin Warsh takes the Fed chair — markets are pricing in hawkish policy. Consumer sentiment hit 44.8, an all-time low. Meanwhile, Trump Media dumped another $205M into BTC and is sitting on a $455M paper loss.
HYPE hit ~$62. NEAR jumped 30% on Bitwise ETP news.
The flagship is being squeezed from both sides — macro and sentiment. Volatility is the price of conviction.
This is MIO.
Consumer Sentiment just crashed to 44.8 — the lowest ever recorded. Worse than 2008. Worse than COVID.
Kevin Warsh takes the Fed chair today. Market already pricing 70% chance of a rate hike by year-end.
And yet — Trump Media just moved another $205M into Bitcoin.
Their unrealized loss: $455M.
They. Keep. Buying.
Someone knows something.
BTC stuck at $77K. IV at 7-month lows. But behind the calm — smart money is moving.
MSTR keeps buying. Ark Invest scooped $12.5M of Bullish stock in 4 days.
Meanwhile, capital rotates to alts: HYPE +16%, NEAR +40%.
You don't make money being early. You make money by not being early and wrong.
BTC at $77K — implied volatility at a 7-month low. Calm before a storm?
3 news digest:
1️⃣ BVIV hits 38% (lowest since Oct '25). MSTR buying + call overwriters dampen downside.
2️⃣ XRP ETFs draw inflows as BTC/ETH funds bleed — capital is rotating.
3️⃣ Mark Cuban sold most of his BTC. Says the hedge narrative 'disappointed.' $75K remains key support.
📉🏦
BTC accumulation slowing, realized losses hit $600M. Short-term chop, but IG Europe tapping Bitpanda for EU crypto rollout shows TradFi conviction is real. Volatility is the fee we pay for alpha. This is MIO.
🙏 Huge thanks to your team!
I couldn’t resist and already downloaded it.
The design is beautiful, the interface is intuitive, and the new features are truly useful.
And it’s all free — while many services charge for AML features.
I checked the AML status of my wallet dating back to 2015 — it turned out to be in the “red zone.” I didn’t expect that; I had only heard about such cases before. I clicked “clean history,” and the AML indicator turned green.
I verified the result using a third-party AML checker — the results matched exactly. Most of the external services I found were either paid or only offer a single free check.
Great work — I’m really impressed!
🚨 BREAKING
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BTC is still breaking reversal setups — that usually tells you one thing: momentum buyers are in control.
Even with tariff uncertainty and fresh geopolitical risk headlines, the bid hasn’t disappeared.
Key zone for me: daily EMA200 around $82K–$82.5K.
A clean rejection there = pullback likely.
But if BTC squeezes straight into $84K and then closes the day back below $82K, that would look like a classic bull trap / reversal signal.
For now: strength is real, but this resistance is not random.