Bitcoin ETFs See Major Outflows Amid Federal Reserve’s Hawkish Stance Markets turn red as #bitcoin dominance marches upward. https://t.co/ZMS72Lcm1F
If $64.6k doesn’t hold, the next level to monitor is 200-day trend support $57.5k https://t.co/TxgqeYZmKn https://t.co/O8g26YKB92
$BTC KEY SUPPORT $64.4K NOW: BOUNCE OR DIP? With the rising 200-day BPRO support at $64.4k and 200SMA $56.9k, momentum weakens (RSI 38). Fear & Greed Index strong at 74. Mining costs $83.7k. NUPL is 0.541. ETF volumes $299.32B, netflow -$189.9M. June +4.94% avg gain. Thoughts? https://t.co/mQsD6hAKON

Bitcoin's price experienced significant volatility on June 18, dropping to $64,000 after briefly reaching $67,250. This decline marked a one-month low amid high liquidations and ETF outflows. The cryptocurrency's key support level is currently at $64,400, with the next level to monitor at $57,500 if the support does not hold. The Fear & Greed Index remains strong at 74, while the mining costs are at $83,700. ETF volumes stood at $299.32 billion with a net outflow of $189.9 million. The RSI is at 38 and NUPL at 0.541. Bitcoin has seen a +4.94% average gain in June. The Federal Reserve's hawkish stance has contributed to the market downturn, with Bitcoin ETFs seeing major outflows.
