Bitcoin ETF: Logs 3.2M Net Inflow June 4

Bitcoin ETF flows posted a modest 3.2 million USD total net inflow on June 4, driven by IBIT at 47.7 million while FBTC shed 5.5 million, BITB lost 15.6 million, ARKB dropped 20.7 million and BTCO fell 12.6 million.

BTC trades at 61981.76 inside its Bollinger band with lower support at 60630.33; the oversold RSI at 23.55 and bearish MACD death cross at -2370.51 keep price pinned below EMA50 resistance of 69271.36, pointing to a likely test of that 50-EMA level before any sustained move higher in the prevailing downtrend.