Bitcoin ETF: $213.9M Net Outflow on June 10
Bitcoin ETF posted $213.9M net outflow June 10 led by IBIT at $148.5M and GBTC at $87.9M as BTC traded at $62685.56.
SourceAnalysis
Bitcoin ETF flows turned sharply negative on June 10 with a total net outflow of $213.9 million.
IBIT led redemptions at $148.5 million while GBTC shed another $87.9 million, offsetting tiny inflows elsewhere and leaving net BTC movements at 17.5.
Price action at $62685.56 sits below the EMA50 at $63831.47 inside bearish structure versus the EMA200 at $71018.78, yet MACD registers a bullish golden cross at -268.49 while RSI holds neutral at 51.18; with price pressing the upper Bollinger band at $64164.06, a retracement toward the $60808.28 lower band or EMA50 support looks probable before any sustained continuation in BTC price prediction models amid shifting crypto market sentiment.
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