BTC: Trader Exits Long at $66000 With $5.5M Loss

BTC trader @Jason60704294 closed a long position at $66000, realizing losses as high as $5.467 million on an estimated 3076.88 BTC holding opened near $67777.

The exit follows a prior profitable short of 2739 BTC that netted $3.308 million between May 28 and June 2.

Technical Confluence: BTC price at $62332.9 sits inside the Bollinger band and presses the lower support at $62208.45 while RSI(14) at 14.68 registers deeply oversold and MACD at -2420.72 confirms the death cross; price remains capped beneath EMA50 resistance at $71162.22, reinforcing the bearish trend and shaping near-term BTC price prediction toward further downside before any relief rally.