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.
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 dropped to $64,000 on June 18, hitting one-month lows after briefly reaching $67,250. Volatility marked the session as sellers pushed the price down swiftly. #Bitcoin #CryptoBuzz #Bearmarket https://t.co/Rz5XU4VfhK https://t.co/f8ZiAa1Cmb
Bitcoin $BTC price today: slides to $65k amid high liquidations, ETF outflows https://t.co/eAXGCOgCuW https://t.co/Z1XmdgZrzr