source avatarMINDRAK

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

🧐 $BTC dropped from $82K to $60K and has slightly rebounded. Discussions about it have nearly stalled—182 mentions compared to a peak of 1,041 a week ago. 🌎 The bottom at $60,190 (June 5), today at $63,376. The #BTC network has recorded losses for the second consecutive week—-$2.48B, with a 7-day RSI at 35.8. Meanwhile, the SpaceX IPO (SPCX, June 12) is drawing ~$22.5B from retail capital amid $150B in demand—every dollar is frozen pending allocation. @santimentfeed ⏳ Since "sell in May," social sentiment around #BTC has quieted, the network is in the red, and retail cash is sidelined awaiting $SPCX on June 12. It’s worth watching what happens to liquidity once the offering closes. #BTC #BITCOIN #SpaceX #SPCX #IPO #Crypto #Macro #liquidity

No.0 picture
No.1 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.