Bitcoin: Record ETF Outflows Mark Peak Institutional Selling

Bitcoin ETFs posted record outflows while Michael Saylor stayed silent on bids, marking what appears to be peak institutional selling pressure on June 29, 2026.

Price action on the 4h chart shows BTC trading at $59563.49 inside the Bollinger band with upper resistance at $60814.25; the bearish structure below EMA50 at $61165.78 and neutral RSI of 41.26 contrast with the MACD golden cross at -401.94, suggesting a test of lower support at $59296.74 before any sustained rebound in institutional Bitcoin flows and BTC price prediction models.