๐ Market Update | June 10, 2026
๐ช Bitcoin: Rejected at $64K, now ~$62.9K. Bearish momentum with RSI ~25 and price under major EMAs.
๐ต ETF Flows: $91.37M net outflows Monday, extending weeks of selling. Institutional demand weak.
๐ฆ MicroStrategy: Added 1,550 BTC (total 845,256). Analysts question sustainability given $22B obligations.
๐ฒ US Dollar: DXY near 99.9, still bullish above 20-day EMA. Next hurdle: 100.2.
๐ Geopolitics: IranโIsrael tensions ease; Trump signals USโIran deal may be close.
๐ Takeaway: Bitcoin capped by ETF outflows and strong resistance, while the US Dollar holds firm near highs ahead of CPI.
๐ cointel.io/en/PWPsYcm69dPtz
#Cointel #Crypto #Bitcoin #ETF #MicroStrategy #USD #DXY #MarketUpdate
Last edited Jun 11, 2026 ยท 2:09 AM UTC
1
1
11
442


