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Bitcoin Pulls Back Amidst Geopolitical Tensions and ETF Outflows, Technicals Signal Caution

BTCUSD showed a minor pullback despite escalation of US-Iran tension. It hit an intraday high of $60227 and is currently trading around $60227.

 

Over the last five trading days, U.S. spot Bitcoin ETFs have seen a sizable net outflow, therefore pointing to a negative short-term outlook for Bitcoin given lower institutional demand. With a notably strong outflow of $669.1 million noted on June 25, 2026, and more negative flows on other days inside the same window, data points to total outflows nearing $1.72 billion during this period. Though several data sources differ slightly on actual values, the steady trend of net negative flows over past sessions shows a general absence of institutional interest for the near future.

 

 

Technicals

CMP -$60017

Trend

1- Hour chart

Value

 

 

55 EMA

$59931

CMP>55 EMA

Bullish

200- EMA

$61151

CMP <200- EMA

Bearish

365- EMA

$62305

CMP<365 EMA

Bearish

 Major support- $58000/$52796. Minor bullishness only above $61800. Any break above targets $63500/$67000/$70000/$72200/$74950/$78000/$80000.

 

Momentum indicator (4-hour chart)

Inference

Value

CCI(50)

Neutral

 

ADX

Neutral

 

It is good to sell on rallies around $63000 with an SL around $67000, for a TP of $50000.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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