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BTC is just bouncing back, but I don't think this is a reversal!
On June 6th, ETF institutions had a net outflow of 47.8 million USD, and the net outflow from ETF institutions is decreasing, so the bounce continues.
On the 6th, I mentioned: BTC might bounce back to around 110,000 to attract buyers, and then continue to fall, because there are still some people preparing to buy the dip or who do not believe in the downtrend.
I predict that BTC will likely continue to bounce back next week, and after reaching the peak, it will drop again.
On June 6th, ETF institutions had a net outflow of 47.8 million USD, and the net outflow from ETF institutions is decreasing, so the bounce continues.
On the 6th, I mentioned: BTC might bounce back to around 110,000 to attract buyers, and then continue to fall, because there are still some people preparing to buy the dip or who do not believe in the downtrend.
I predict that BTC will likely continue to bounce back next week, and after reaching the peak, it will drop again.
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