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Bitcoin: Lyn Alden Predicted $62K Level in March | Flash News Detail | Blockchain.News
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6/5/2026 12:38:00 PM

Bitcoin: Lyn Alden Predicted $62K Level in March

Bitcoin: Lyn Alden Predicted $62K Level in March

Bitcoin trades at $62033 after Lyn Alden flagged weak demand and ETF outflows when price sat at $73K, with MicroStrategy selling for first time in four years.

Source

Analysis

Bitcoin sits at $62033 after Lyn Alden accurately flagged insufficient top-line demand three months ago when the price traded at $73K, with most inflows limited to corporate ETF buying offset by long-term holder selling and now 13 straight days of negative ETF flows plus the first MicroStrategy sale in four years. BTC price prediction models must now account for the death of the four-year cycle narrative as annual supply inflation drops below 1% and older coin distribution outweighs halving effects. Crypto market crash arithmetic played out exactly as described rather than any black-swan event, with treasury company MNAV multiples collapsing from 8x to 1x in months. Bitcoin ETF outflows confirm the shift away from paper demand toward sovereign-individual accumulation. On the 4h chart BTC remains inside its Bollinger Bands with price testing the lower band near $60690 support while the RSI at 25.26 signals oversold conditions and the MACD death cross at -2298 keeps the bearish structure intact below both the EMA50 at $68749 and EMA200 at $74340, suggesting any bounce attempt will likely stall at upper-band resistance near $69165 before retesting the 50-EMA confluence.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast