🚨 Market Update | June 10, 2026
💰 Bitcoin: $62,366 (+1.8%)
🐳 Institutional accumulation persists. Over 11,422 BTC (~$700M) have been withdrawn from exchanges over the past five days, confirming robust buying interest in the $60,000–$61,000 range.
📉 ETF outflows reached $1.72B amid rising US-Iran tensions; however, declining exchange reserves indicate a bullish long-term signal.
📊 Key Levels: 🔴 Resistance: $63,000 → $65,000 → $68,000
🟢 Support: $61,500 → $60,000 (Major Whale Zone)
📈 Technical Indicators: • RSI recovering from oversold levels • MACD trending upward • Short-term recovery underway, though the broader trend remains cautious
🎯 Trading Plan (24H):
LONG above $63,100 (breakout)
TP: $63,500 / $64,800 / $65,500
SL: $61,200
Leverage: 5x–10x
⚠️ Next Major Catalyst: FOMC Meeting – June 17
Overall Outlook: Whale accumulation combined with declining exchange reserves establishes a bullish foundation, although macro risks remain in play.
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June 10, 2026 5.6K 3
