BloFin Research|6月 03, 2026 08:53
Bitcoin is diverging from equities. 📉📈
It's sliding toward the mid $60Ks while stocks keep climbing.
Equities have a clear engine: #AI and #semis. Money has somewhere confident to go.
Bitcoin doesn't have that engine right now.
And "#Strategy sold 32 BTC" is just the surface headline.
What actually moved the market is real supply meeting vanishing demand:
🔻 Spot BTC ETFs: 11 straight days of outflows, $3.4B+ gone
🔻 Mt. Gox wallets moved 10,300 BTC ($739M), reviving creditor supply fears
🔻 BTC broke key support, triggering a deleveraging cascade: over $1.7B+ in liquidations, 90% of it longs
This drop into the $65K range also lines up with the TA framework we laid out earlier.
The double-bottom-then-rebound setup: a retest of the lows, then the bounce. 👀(BloFin Research)
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