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Crypto 350

06/19 14:04

Bitcoin Weekly Forecast: Recovery hopes fade as

#World Cup Predictions: 100,000 USDT Daily #TradFi Trading Strategies Sharing Challenge #HTX Creation Challenge — Post and Win 1,500U 💥 Bitcoin Weekly Forecast: Recovery hopes fade as Fed pressure returns Bitcoin is ending the week in negative territory, with price action gravitating toward the key 200-week SMA near $62,300, as broader macro conditions weigh on sentiment. Institutional selling continues Spot Bitcoin ETFs are showing signs of sustained outflows, marking what could be a sixth consecutive week of withdrawals, signaling weakening institutional demand. Why BTC is under pressure: - Hawkish Federal Reserve forward guidance - Ongoing ETF outflows - Reduced risk appetite across global markets - Geopolitical uncertainty impacting sentiment Macro backdrop: Fading optimism around geopolitical developments, including stalled progress in US-Iran discussions, has strengthened the US dollar and added further pressure on risk assets like Bitcoin. Key technical level: BTC is now hovering near the 200-week moving average (~$62,300) — a historically important support zone that often determines long-term trend direction. Traders are advised to remain cautious as volatility may increase if macro tensions escalate further or ETF outflows continue. Bitcoin recovery momentum is weakening, and the market is increasingly driven by macro forces rather than short-term crypto sentiment. #Bitcoin #BTC #Crypto #ETF #Fed #Macro #Cr
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