Donald Trump · Bitcoin · Iran · Federal Reserve (FED) · CryptoSlate
Bitcoin price challenges $64,000 weekend wall, needing a breakout or risk a deeper correction
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Bitcoin reclaimed $64,000 on June 12 and touched an intraday high of $64,301 in the same session that spot ETF flows finally flipped positive after four straight sessions of institutional selling, and oil prices fell as peace deal momentum built between Washington and Tehran.
Key facts
- Farside Investors data shows spot Bitcoin ETFs recorded $85.9 million in net inflows on June 12, ending a streak of four consecutive negative sessions that resulted in over $405.2 million in net
- Bitcoin reclaimed $64,000 on June 12 and touched an intraday high of $64,301 in the same session that spot ETF flows finally flipped positive after four straight sessions of institutional selling
- A clean peace signing on June 14, with oil prices dropping further and risk sentiment improving, puts BTC in a position to test $65,500-$66,000 Monday morning, the zone where the bounce starts
- On June 13, Bitcoin fights to stay close to the $64,000 level, with a setup that looks better than it did 24 hours ago, and every piece is fragile enough to unwind before Monday's open
Summary
01 Bitcoin reclaimed $64,000 and hit $64,301 as spot ETF inflows turned positive after four straight selling sessions. 02 The move matters because holding that level into Monday would signal a real repair, not a short-lived bounce. 03 But fragile Iran peace headlines and next week's Fed meeting could still send BTC back toward $63,000 or below. On June 13, Bitcoin fights to stay close to the $64,000 level, with a setup that looks better than it did 24 hours ago, and every piece is fragile enough to unwind before Monday's open.