The selling stopped. Every single Bitcoin ETF was green on Friday. ๐งต
$86 million in net inflows. All 12 products positive. Zero outflows.
BlackRock's IBIT alone pulled $57.7 million โ two thirds of the day's total.
The last time we saw this kind of breadth across all 12 products โ right before the April rally.
Now here's what makes this week different โ a race between two Wall Street giants:
๐ฆ BlackRock BITA โ iShares Bitcoin Premium Income ETF
โ 0.65% fee, undercutting all competitors
โ 110 BTC already seeded on June 9
โ Goldman Sachs as clearing agent, Coinbase as custodian
โ Bloomberg's Eric Balchunas: "Expected very soon"
๐ฅ Goldman Sachs Bitcoin ETF โ estimated launch July 1
Two of the biggest institutions on Wall Street racing to bring a Bitcoin income product to market at the same time. This is what adoption looks like.
๐ฏ๐ต Watch Monday: BoJ hiked rates to 1% โ highest since 1995. Cheap yen has funded leveraged crypto positions for years. Yen carry trade could unwind quickly this week.
๐ CLARITY Act โ 20 days. July 4.
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#BitcoinHalving cycle says: the 2026 crash was written into the calendar. ๐งต
Here's the exact map โ and what it means for what comes next.
๐ January 2026 โ BTC peaks at $97,008
๐ February 2026 โ Wave 1 crash: -21.7%
๐ April 2026 โ Bounce: 13.6% to $82K
๐ด June 2026 โ Wave 2 crash to $60,862 โ we are here
๐ข October 2026 โ Projected cycle low โ recovery begins ๐ฎ
This pattern appeared in 2018-2019 and 2022-2023.
Both times it was followed by the same thing:
2018 cycle low โ 1,900% recovery ๐
2022 cycle low โ 650% recovery ๐
2026 cycle low โ ? ๐ฎ
Grayscale flagged two key catalysts today:
โ Regulatory progress โ CLARITY Act 25 days from signing
โ Leveraged trader stability โ leverage cleaned, cleaner structure
๐ #SpaceXIPO โ 2 days. June 11. $7.9B pre-loaded. $1.29B BTC holder going public.
๐ ChainHub Referral coming soon โ refer once, earn 50% of swap fees forever. No cap. No conditions.
The crash was in the calendar. So is the recovery.
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๐ฆ The Nasdaq CME Crypto Index Futures just went LIVE. Today.
This is the first market-cap-weighted crypto index futures contract in history โ and it covers 7 assets in one single regulated trade ๐
โฟ Bitcoin ยท ฮ Ethereum ยท โ Solana ยท โ XRP ยท โพ Cardano ยท โฌก Chainlink ยท โฆ XLM
USD-settled. No custody. No wallets. No key management.
A pension fund, sovereign wealth fund, or hedge fund can now get broad-based exposure to "crypto the market" with a single regulated futures contract โ the same way they already buy the S&P 500.
This is the infrastructure that enables the next trillion of institutional capital to enter crypto.
The rest of today:
๐ Michael Saylor hinting at BTC accumulation resumption โ the "never sell" narrative is back. Coinbase confirms large investors are buying the dip.
๐ Apple WWDC: launched "Siri AI" โ the AI arms race intensifies. Nasdaq up 0.86% today. Risk-on returning.
๐ BTC at $63,444 2.2% โ bouncing from $60K with institutional support confirmed.
๐ SpaceX IPO โ 3 days. June 11. $7.9B already pre-loaded in SpaceX ETFs.
๐ CLARITY Act โ 26 days. July 4.
The crash is turning into a buying opportunity. The infrastructure keeps building.
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BTC bouncing from $60K. Short sellers being liquidated at $61,600. ๐ป๐
Bears got too aggressive. The floor held. Now the biggest week of June begins.
Here's what's coming ๐
๐ TODAY โ Strategy gives its Monday update. Investors watching if Saylor buys, holds, or sells again. This sets the tone.
๐ฆ June 8 (tomorrow) โ Two events at once: โ Apple WWDC AI keynote. The market expects major AI announcements. โ CME launches Bitcoin Nasdaq Crypto Index futures. New institutional buyers.
๐ June 11 (4 days) โ SpaceX IPO on Nasdaq. $7.9 billion already flooded into SpaceX ETFs pre-IPO. The company holds $1.29B in Bitcoin. Biggest IPO of 2026.
๐ July 4 (27 days) โ CLARITY Act signing target. $15B in ETF inflows projected by Citi on signing day.
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Market is bleeding. Your referrals don't care. ๐ฉธ๐ข
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โ๏ธ Bitcoin miners are approaching their shutdown cost.
That sounds scary. Here's why it's actually the most bullish signal in all of crypto. ๐งต
When BTC price falls to the average cost of mining (~$60,000), miners can no longer operate profitably. They shut down. They stop selling BTC to cover costs.
When miners stop selling โ the supply of new BTC entering the market collapses.
And every single time this has happened before:
โ๏ธ November 2018 โ miners hit shutdown cost โ BTC rallied 1,900% over the next 2 years โ๏ธ November 2022 โ miners hit shutdown cost โ BTC rallied 650% over the next 18 months โ๏ธ June 2026 โ miners hitting cost floor โ pattern loading... ๐
The rest of the picture:
๐ Kalshi prediction markets now give only 27% chance BTC hits $100K in 2026 โ down from nearly 50% in early May. Peak pessimism has historically been one of the most contrarian buy signals in crypto.
๐ Worst week since July 2024 โ down nearly 20%. Peak selling. Peak fear. Peak pain. Every cycle ends exactly like this.
๐ SpaceX IPO โ 5 days. June 11. $1.29B BTC holder going public.
๐ CLARITY Act โ 28 days. July 4. Close to ethics deal.
Miners can't sell. Supply drops. Catalysts are loaded.
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๐จ Bitcoin just broke below $60,000.
First time since October 2024. Down nearly 20% this week. -52% from the $126K all-time high.
Worst week since July 2024. Crypto's biggest moment of fear all year.
And on this exact day โ JPMorgan, Bank of America and Citi just announced they're building a shared tokenized blockchain network together.
America's three biggest banks building blockchain infrastructure on the same day Bitcoin breaks $60K.
They hate the price. They're building the rails.
Let that sink in.
The rest of the picture:
โ The 13-day Bitcoin ETF outflow streak just SNAPPED. Thursday saw $3M in net inflows โ ending the longest ever outflow streak. The selling may be exhausting.
๐ Bitcoin sentiment hit peak bearishness at recent lows โ historically the most reliable buy signal in crypto.
โ ๏ธ US jobs report blew past forecasts โ strong economy means no Fed rate cuts. That's the real headwind keeping the pressure on.
๐ SpaceX IPO โ 6 days. June 11. $1.29B BTC holder going public on Nasdaq.
๐ CLARITY Act โ 29 days. July 4.
The price is below $60K. The banks are building blockchain. The ETF streak just ended.
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๐ Bitcoin is testing the 61.8% Fibonacci retracement. $67,182.
This is the golden ratio. The level where buyers have historically stepped in. Every single time.
Here's the data ๐งต
2018-2019 cycle:BTC hit the 61.8% Fibonacci retracement. What happened next: 1,900% over the following 2 years.
2022-2023 cycle:BTC hit the 61.8% Fibonacci retracement. What happened next: 650% over the following 18 months.
Today โ June 4, 2026:BTC is testing the 61.8% Fibonacci at $67,182. Pattern says... ๐
Meanwhile the infrastructure keeps building even during the crash:
โก Coinbase just received CFTC clearance to offer global crypto perpetual futures โ institutional grade perps on the most trusted US crypto exchange
๐ Binance launches fractional US equities for as little as $5 โ 7,000 US stocks and ETFs accessible directly from crypto. TradFi is coming into crypto, not the other way around.
๐ SpaceX IPO โ 7 days. June 11. The company that holds $1.29B in Bitcoin goes public in one week.
๐ CLARITY Act โ 30 days exactly. July 4.
The Fibonacci says this is the zone. The catalysts say the recovery is loaded.
Swap at the best rate across 160 networks. ChainHub. CEX DEX. Always. ๐
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โ๏ธ Welcome to June.
Bitcoin's historically best month of the year.
Here's the data ๐งต
Out of the last 12 Junes โ 7 were green for Bitcoin. Only 5 red.
The median June return is 2.58%.
We're coming off the worst month of 2026. Historically, that exact combination โ a red May followed by June โ has set up some of Bitcoin's strongest recoveries.
The key number right now: $73,869.
Hold above it and the rising channel survives. Reclaim the $73,869โ$76,400 EMA cluster and the target becomes $85Kโ$90K. That's the setup.
What's loaded in June:
โก Already done โ CFTC approved first US-regulated Bitcoin perpetual futures through Kalshi. Institutional grade. Permanent infrastructure.
๐ 10 days โ SpaceX IPO on Nasdaq, June 11. The company that holds $1.29B in Bitcoin goes public. Biggest IPO of 2026. Risk-on catalyst.
๐ฆ June 8 โ CME launches BTC Nasdaq Crypto Index futures. New institutional buyers with combined Bitcoin tech stock exposure.
๐ This month โ Grayscale pursuing $115M HYPE seed deal for the first Hyperliquid staking ETF. Altcoin season signal.
๐บ๐ธ This month โ Strategic Bitcoin Reserve legal framework. White House finalizing blueprint.
๐ July 4 โ CLARITY Act signing target. 33 days.
May was brutal. June has the catalysts.
Swap at the best rate across 160 networks. ChainHub. CEX DEX. Always. ๐
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๐๏ธ Trump is hinting at ending the Hormuz naval blockade.
Iran and the US are near a 60-day ceasefire extension.
BTC just snapped back to $74,000.
And today is May 31 โ the last day of crypto's worst month of 2026.
Here's everything coming in June ๐
๐๏ธ RIGHT NOW โ Iran ceasefire Hormuz reopening = oil risk fading = crypto relief rally
โก Already done โ CFTC approved the first Bitcoin perpetual futures on a regulated US exchange through Kalshi. Institutional grade BTC perps. Historic.
๐ฆ June 8 โ CME launches BTC Nasdaq Crypto Index futures. Combined Bitcoin ETF tech stock exposure in one regulated contract.
๐ June 11 โ SpaceX IPO on Nasdaq. The company that holds $1.29B in Bitcoin is going public in 11 days.
๐บ๐ธ This month โ Strategic Bitcoin Reserve legal framework finalised. White House blueprint for a national BTC treasury.
๐ July 4 โ CLARITY Act signing target. $15B in ETF inflows projected by Citi on signing day.
May was brutal. The catalysts ahead of us are the most stacked in crypto history.
Swap at the best rate across 160 networks when it moves. ChainHub. CEX DEX. Always. ๐
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๐ The divergence everyone is watching right now.2026 YTD performance:
๐ S&P 500: 12%
๐ Nasdaq: 11%
๐ Gold: 18%
๐ BTC: -12%
Nasdaq is approaching all-time highs. Bitcoin is at April lows. These two things cannot both be correct for long.When BTC diverges from risk assets โ
historically one of two things happens:
1. BTC catches up fast โ explosive catch-up rally
2. Stocks come back to BTC's level
Every previous BTC divergence from equities has resolved bullishly for Bitcoin within weeks.Here's the full picture:
๐ Record 9-day ETF outflow streak โ $2.8 billion withdrawn. Longest run since spot ETFs launched in January 2024. Institutional repositioning, not permanent exit.
๐ฏ Dip buyers emerging at $72K โ dominant bid activity despite negative sentiment. Smart money doesn't announce itself.
๐บ๐ธ White House finalizing Strategic Bitcoin Reserve legal framework โ announcement within weeks.
๐ SpaceX IPO June 11. CLARITY Act July 4. Two massive catalysts in the next 5 weeks.Nasdaq near ATH. BTC at April lows. SBR coming. Dip buyers loading.Swap at the best rate across 160 networks whenever it moves. ChainHub. CEX DEX. Always. ๐
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๐ Follow for daily updates!Catch-up rally or stocks come down? Drop your call ๐#Bitcoin#BTC#Nasdaq#Divergence#CryptoTwitter#ChainHub#DeFi#Web3#HODL#SpaceX#CLARITY#SBR#CryptoNews#BuyTheDip
๐จ US airstrikes on Iran near the Strait of Hormuz.
BTC crashed below $73,000. $1 billion in leveraged positions wiped out. $733 million in ETF outflows โ the biggest single day in months.
Scary? Yes. New? No.
Here's the historical pattern:
๐ April 2024 โ Iran strikes Israel โ BTC dips โ bought back hard within 72 hours ๐ May 2025 โ Iran tensions spike โ BTC dips โ 18% recovery followed ๐ Today โ US strikes Iran โ BTC at $73K โ pattern says watch closely ๐
Meanwhile on the same day:
๐ฏ Cathie Wood just doubled down โ Bitcoin hits $750,000 by 2030 as boomers pass the torch ๐ค Bitcoin miner stocks Cipher and Hut 8 hit fresh ALL-TIME HIGHS today on AI pivot โ on a crash day. Think about that.
๐บ๐ธ CLARITY Act July 4 target unchanged. Strategic Bitcoin Reserve framework coming.
The war is noise. The infrastructure is permanent.
Dip or dump โ swap at the best rate across 160 networks. ChainHub. CEX DEX. Always. ๐
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๐ SpaceX just revealed it holds $1.29 billion in Bitcoin.
Disclosed in its IPO filing ahead of the June 11 Nasdaq listing.
Think about what this means. Elon Musk's space company โ not a crypto fund, not a tech startup โ a company that builds rockets and satellites โ is holding over a billion dollars in Bitcoin on its balance sheet.
Strategy. Tesla. SpaceX. The list keeps growing.
The rest of today:
๐ Nasdaq gets SEC conditional approval for Bitcoin index options trading as QBTC โ cash-settled BTC derivatives coming to mainstream markets. New institutional buyers incoming.
๐ BTC bounced from $74,344 back to $77,352 โ the weekend dip was bought. $917M in futures liquidated, leverage cleaned, healthier structure ahead.
๐บ๐ธ Lawmakers pushing a Strategic Bitcoin Reserve bill โ codify the US Bitcoin treasury in law alongside CLARITY Act.
Space companies hold BTC. Nasdaq lists BTC options. Congress codifies BTC reserves.
This is not speculation anymore. This is infrastructure.
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Bears say $40K. Bulls say $100K. BTC at $76,600. ๐งต
Here's both sides โ you decide.
๐ป Bear case:โ Analysts drawing comparisons to the 2022 bear flag pattern โ Polymarket's $75K dip for May already resolved YES โ ETF outflows haven't fully reversed โ Some technical targets pointing to $40K-$50K if support breaks
๐ Bull case:โ 16.3 million BTC locked by long-term holders โ breaking a 7-month downtrend โ Former Credit Suisse global head Mark Connors says BTC has broken out of its longest stretch of underperformance vs stocks and bonds โ ready to beat Wall Street again โ Ledn forecasts Bitcoin-backed lending market growing to $1 trillion within a decadeโ CLARITY Act July 4 SpaceX IPO June 11 = two massive catalysts in the next 6 weeks
๐๏ธ US markets closed today for Memorial Day. Low volume weekends historically precede the biggest moves.
Bears or bulls โ whatever your view โ make sure you're swapping at the best rate across 160 networks when it moves.
ChainHub. CEX DEX. Always. ๐
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๐ป or ๐ โ drop it below ๐
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BTC is trapped between two EMAs right now. One will break. ๐
โฌ๏ธ 100-day EMA: $75,623 โ the support floor ๐ต BTC now: $77,700 โฌ๏ธ 200-day EMA: $82,228 โ the breakout trigger
Here's what makes this interesting:
Open interest is STEADY. Funding is CALM. The recent selling was de-risking โ not capitulation. Traders reducing leverage, not exiting conviction.
That's a very different setup.
The rest of today's picture:
๐ต 8 Ethereum Foundation researchers left in 2026 โ 5 in May alone. Former researcher Dankrad Feist is now proposing a brand new $1B institution explicitly to protect ETH's competitive position and price. This is a genuine turning point for the second-largest crypto.
๐ท XRP wallet creations spiking โ fresh fund inflows and new wallets suggest traders rotating into XRP while BTC consolidates. Altcoin season signal building.
๐ GENIUS Act (stablecoin bill) approaching a Senate vote โ the biggest stablecoin regulatory framework in history.
๐ Tom Lee: SpaceX, Anthropic and OpenAI IPO supply won't crash the S&P 500 โ trillions in new supply will be absorbed by underallocated investors. Bullish macro backdrop.
Hold $75.6K โ bounce to $82K . Break $82K โ confirmed bull market.
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$75K holds or breaks? Drop your call ๐
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16.3 million Bitcoin are now locked by long-term holders. ๐
That's the highest LTH supply ever recorded โ and it just broke upward for the first time since October 2025's all-time high at $126K.
200,000 BTC were added by holders in the last month alone.
Here's why this matters:
Every time long-term holder supply reverses upward after a bear market โ it has historically marked the beginning of the next bull cycle. Not the middle. Not the end. The beginning.
The rest of today's picture:
๐จ Mark Cuban sold 80% of his BTC this week โ said it failed as a macro hedge. This is historically one of crypto's strongest contrarian buy signals. Dimon said the same thing at $15K. Buffett said it at $30K. The pattern repeats.
๐ฆ CME launching BTC Nasdaq Crypto Index futures on June 8 โ combined BTC ETF and tech stock exposure in one regulated contract. New institutional buyers incoming.
๐ฉ๐ช Germany rejected a proposal to abolish the 1-year crypto tax exemption โ Europe stays crypto-friendly.
๐ The F2Pool founder โ who controls 11% of Bitcoin's hashrate โ is leading the first SpaceX commercial Mars mission. The builder generation is taking over.
Diamond hands. Best swap rate. Always. ChainHub. CEX DEX. 160 networks. ๐
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๐ Happy Bitcoin Pizza Day.
May 22, 2010 โ Laszlo Hanyecz paid 10,000 BTC for two pizzas.
Those 10,000 BTC are worth $777,000,000 today.
That's $77,700 per pizza. ๐
The greatest trade in history โ for the other guy.
But here's the real lesson from Pizza Day: The people who held were right. The fundamentals never changed. The patient ones won.
16 years later โ here's where we are:
๐บ๐ธ Trump just signed an executive order forcing the Fed to review giving crypto companies direct access to Reserve Bank payment services โ 120 days
๐ณ๏ธ Senate voted 50-47 to curb Trump's Iran war powers โ Treasury yields dropped, oil fell, BTC bounced
๐ Altcoin rotation building โ AI tokens and HYPE surging while BTC consolidates at $77K. ARK bought $12.5M in Bullish stock. Smart money is still in.
๐ CLARITY Act July 4 target unchanged.
Patient hands. Best swap rate. Always. ChainHub. CEX DEX. 160 networks. ๐
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