{"id":33020,"date":"2026-06-25T11:17:27","date_gmt":"2026-06-25T11:17:27","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-price-rebounds-toward-62k-after-459m-etf-exodus-but-bears-still-hold-the-edge\/"},"modified":"2026-06-25T11:17:36","modified_gmt":"2026-06-25T11:17:36","slug":"bitcoin-price-rebounds-toward-62k-after-459m-etf-exodus-but-bears-still-hold-the-edge","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-price-rebounds-toward-62k-after-459m-etf-exodus-but-bears-still-hold-the-edge\/","title":{"rendered":"Bitcoin price rebounds toward $62K after $459M ETF exodus, but bears still hold the edge"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bitcoin price has rebounded toward $62,000 after a sharp selloff pushed the crypto asset below $60,000, though weak institutional demand and persistent macroeconomic risks continue to keep traders on the defensive.<\/p>\n<div id=\"cn-block-summary-block_81a00a5ec8262af919a2bae7b88499ee\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin price rebounded toward $62,000 on June 25 after an oversold bounce followed its drop below the $60,000 level.<\/li>\n<li>Spot Bitcoin ETFs recorded $459 million in net outflows as institutional investors reduced exposure.<\/li>\n<li>Analysts warn the recovery could fade unless Bitcoin reclaims key resistance around $62,800 to $65,000.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Bitcoin (BTC) price climbed back to around $61,800 on June 25 after tumbling as much as 5.7% a day earlier to an intraday low near $59,175. The recovery followed an aggressive round of dip buying after the four-hour Relative Strength Index fell to its lowest level since August 2023, a condition that historically attracts swing traders looking for oversold entries.<\/p>\n<p>The bounce also came after a wave of long liquidations flushed leveraged positions below the psychological $60,000 level.<\/p>\n<p>Selling pressure intensified after renewed concerns over a potential supply shock. Creditors of the collapsed Mt. Gox exchange are expected to begin receiving roughly $9 billion worth of Bitcoin in July, raising fears that a large portion of those coins could be sold into the market. At the same time, the German government continues to transfer seized Bitcoin to centralized exchanges, adding another source of near-term supply.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Institutional flows also deteriorated. U.S. spot Bitcoin exchange-traded funds recorded $459 million in net outflows on Wednesday, one of the largest daily withdrawals in recent weeks, suggesting large investors reduced exposure as volatility accelerated. The retreat came as markets continued to price in higher U.S. interest rates following persistent inflation data, while the U.S. dollar remained firm against major currencies.<\/p>\n<figure class=\"wp-block-image size-full is-resized\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-btc-spot\" target=\"_blank\" rel=\"nofollow\">SoSoValue<\/a><\/figcaption><\/figure>\n<p>Outside crypto markets, another headwind eased only partially. Crude oil dropped below $70 per barrel for a fourth consecutive session as optimism surrounding U.S.-Iran peace negotiations improved the global supply outlook.<\/p>\n<p>The decline erased nearly all of oil\u2019s geopolitical premium, although investors have yet to rotate aggressively back into risk assets such as Bitcoin.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin remains below key resistance despite relief bounce<\/h2>\n<p>The technical picture remains fragile despite Thursday\u2019s rebound. On the four-hour chart, Bitcoin continues to trade below a descending trendline that has capped every recovery attempt since mid-June.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"954\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/06\/1782386246_968_Bitcoin-price-rebounds-toward-62K-after-459M-ETF-exodus-but.webp.webp\" alt=\"Bitcoin 4-hour chart showing a relief bounce below key Fibonacci resistance with RSI and MACD still bearish.\" class=\"wp-image-14469511\"  ><figcaption class=\"wp-element-caption\">Bitcoin 4-hour price chart \u2014 June 25 | Source: crypto.news<\/figcaption><\/figure>\n<p>Bitcoin price also remains under the 23.6% Fibonacci retracement level near $62,770, while the next major resistance sits around $65,000, followed by the 50% retracement near $66,825.<\/p>\n<p>Momentum indicators have yet to confirm a trend reversal. The four-hour RSI recovered from deeply oversold territory but remains below the neutral 50 level, while the MACD continues to trade below its signal line with negative histogram bars, showing bearish momentum remains intact.<\/p>\n<p>The daily chart presents a similar picture. Bitcoin continues to trade below the daily Supertrend indicator near $67,866, preserving the broader bearish structure. Meanwhile, the Aroon indicator shows Aroon Down above 90 and Aroon Up below 30, suggesting sellers continue to dominate the prevailing trend.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"954\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/06\/1782386246_795_Bitcoin-price-rebounds-toward-62K-after-459M-ETF-exodus-but.webp.webp\" alt=\"Bitcoin daily chart showing bearish Supertrend, key support near $59,100, and resistance around $65,600.\" class=\"wp-image-14469512\"  ><figcaption class=\"wp-element-caption\">Bitcoin daily price chart \u2014 June 25 | Source: crypto.news<\/figcaption><\/figure>\n<p>Derivatives positioning also supports a cautious outlook. CoinGlass liquidation heatmaps show dense short liquidation clusters between $62,000 and $62,800, with another larger concentration around $63,000-$64,000. Those levels could become upside magnets if buyers regain control, but they may also attract fresh short positions.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"4080\" height=\"2409\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/06\/1782386247_733_Bitcoin-price-rebounds-toward-62K-after-459M-ETF-exodus-but.webp.webp\" alt=\"Bitcoin liquidation heatmap highlighting dense short liquidation clusters between $62,000 and $64,000.\" class=\"wp-image-14469514\"  ><figcaption class=\"wp-element-caption\">Bitcoin liquidation heatmap | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/pro\/futures\/LiquidationHeatMap?coin=BTC&amp;type=symbol\" target=\"_blank\" rel=\"nofollow\">CoinGlass<\/a><\/figcaption><\/figure>\n<p>Commenting on Bitcoin\u2019s current move, analyst Ted Pillows <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/TedPillows\/status\/2070068348742709558\" target=\"_blank\" rel=\"nofollow\">wrote<\/a>:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe only concern is this rally has been driven mostly by short positions being closed. But if spot demand arrives and Bitcoin reclaims the $65,000 level, it could see another rally.\u201d<\/p>\n<\/blockquote>\n<p>According to fellow analyst Lennaert Snyder, funding rates have already turned negative across most exchanges, confirming that short sellers currently dominate positioning. He added that the $62,000-$62,800 region contains a major liquidation cluster and remains the first area where bears may attempt to re-enter the market.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> swept the 59K low followed by a relief bounce.<\/p>\n<p>Shorts are now fully closed with good profits, and I personally missed the long due to the fact I was logged off.<\/p>\n<p>Some things I notice is this that CVD still shows stronger sell pressure compared to the buy pressure in the\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/Ldq2kcQOUy\">pic.twitter.com\/Ldq2kcQOUy<\/a><\/p>\n<p>\u2014 Lennaert Snyder (@LennaertSnyder) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/LennaertSnyder\/status\/2070058479159541953?ref_src=twsrc%5Etfw\">June 25, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<h2 class=\"wp-block-heading\">Loss of $59K support could trigger another liquidation cascade<\/h2>\n<p>The current rebound remains vulnerable unless Bitcoin can reclaim the $62,800-$65,000 resistance zone with rising spot demand and stronger ETF inflows. A failure at current levels would leave the market exposed to another test of the recent low near $59,175.<\/p>\n<p>A decisive break below that support would invalidate the relief-bounce scenario and could trigger another round of leveraged liquidations. Persistent ETF outflows, a stronger U.S. dollar, delayed Federal Reserve rate cuts, or additional Bitcoin sales tied to Mt. Gox distributions and government wallets would likely add further pressure on prices before a more durable recovery can begin.<\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price has rebounded toward $62,000 after a sharp selloff pushed the crypto asset below $60,000, though weak institutional demand and persistent macroeconomic risks continue to keep traders on the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":32743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-33020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/33020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=33020"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/33020\/revisions"}],"predecessor-version":[{"id":33021,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/33020\/revisions\/33021"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/32743"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=33020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=33020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=33020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}