Where Does Bitcoin Go From Here? This Is What the Charts Say
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Bitcoin dropped nearly 6% to $67,287, its lowest level since April.
- U.S. spot Bitcoin ETFs saw $2.43 billion net outflows in May, the worst monthly outflow of 2026.
- Myriad prediction‑market odds for a $55,000 Bitcoin price dump rose to 52.6%, reversing from an 80% lead for an $84,000 bullish scenario in mid‑May.
- RSI fell to 22.7, indicating deep oversold conditions.
- ADX climbed to 30.6, confirming a strong downtrend.
Why it matters: Spot Bitcoin ETF investors lost $2.43 billion in May, while short sellers eye a $55k target, intensifying sell pressure and pushing risk‑averse capital out of crypto.
