TL;DR:
When AI and tokenization narratives are quiet, we pivot to what’s catching the teams attention. Bitcoin ETFs just posted their biggest inflow day of June, shrugging off global fear with an 11-day winning streak. As the Israel-Iran ceasefire cools tensions, BTC bounced from $98K lows and is now eyeing $110K. Here’s the full breakdown.
🧠 The Inflow Flood: $588.6M in One Day
U.S. spot Bitcoin ETFs logged $588.6M in inflows yesterday, the largest single-day inflow in June and the 11th consecutive day of net positive flows — a stretch we haven’t seen since December 2024.
BlackRock’s IBIT: +$436.3M
Fidelity’s FBTC: +$217.6M
Bitwise, VanEck: Small adds
Grayscale GBTC: Still bleeding (-$85.2M)
That brings total net inflows since June 10 to $2.2B, further cementing institutional conviction — even in the face of macro uncertainty.
🕊️ Ceasefire Fuels Market Bounce
Bitcoin had been bleeding for weeks as tensions escalated, but a “complete and total ceasefire” between Israel and Iran, announced by U.S. President Trump, gave markets a surge of confidence.
BTC rallied from $98K lows to over $106.6K, as whales and institutions resumed stacking. Exchange balances have now dropped by 800K BTC over the past 12 months, while only ~177K BTC was mined in that same span.
Scarcity is compounding.
“Persistent ETF inflows highlight the strengthening story of BTC as digital gold. Bit by bit, Bitcoin is becoming a resilient refuge in a rapidly shifting geopolitical landscape.”
– Vincent Liu, Kronos Research
📉 But Don’t Get Complacent
This bounce might not be a full breakout just yet.
Ray Youssef (CEO of NoOnes) calls this a “relief rally,” not a trend reversal. With Fed Chair Powell’s testimony and the PCE inflation report dropping this week, there’s still macro weight pressing down.
$BTC.X ( ▼ 0.26% ) is currently ranging between $100K and $106K, with:
Support: $100K
Resistance: $106.2K and $110K
Downside risk: If $100K fails, $93K is next
📊 TA Breakdown: Bull Flag, MA Reclaim, FVG Heat
Here’s the breakdown from your 3 core timeframes:
Weekly Chart
Uptrend still intact
All moving averages are making higher highs
Key level: $110K needs to break
Potential double top risk if rejected here
FVG still unfilled, but bounce looks strong
Daily Chart
Bull flag forming → usually breaks upward during uptrends
Price reclaimed levels from April
FVG1 below is unlikely to fill unless market weakens
Watch for break above descending resistance trendline
4H Chart
Strong bounce from $98K
Price reclaimed MA200
Past structure: Break above MA200 → led to strong move
Now above that prior high → $108K retest likely
🧠 Final Take: The Bitcoin Rush of the 21st Century
While macro risks remain, the data doesn’t lie:
ETF demand is accelerating
Exchange reserves are evaporating
BTC supply is tighter than ever
Institutions and governments are accumulating
Retail is scrambling for crumbs
The bull isn’t sprinting yet — but it’s waking up.
🔥 CTA:
Stay sharp. This isn’t a breakout… yet. But it’s the clearest sign of conviction we’ve seen in weeks. If $108K flips, the race to $110K could be on.
-Cole
Writer, CryptoNuggs