{"id":106342,"date":"2026-06-19T10:51:51","date_gmt":"2026-06-19T10:51:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=106342"},"modified":"2026-06-19T10:51:51","modified_gmt":"2026-06-19T10:51:51","slug":"blackrocks-1000-btc-exit-leaves-bitcoin-clinging-to-60k-support","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=106342","title":{"rendered":"BlackRock\u2019s 1,000 BTC Exit Leaves Bitcoin Clinging to $60K Support"},"content":{"rendered":"<div>\n<p>In Bitcoin ETF news today, BlackRock offloaded more than 1,000 BTC in a single Thursday session, dragging combined spot Bitcoin ETF net flows to approximately -1,410 BTC on the day, and the timing could not be worse.<\/p>\n<p>Bitcoin is heading into the weekend sitting on support it has occupied for 16 hours without producing a meaningful bounce, and the macro backdrop that drove this June\u2019s record outflow wave shows no sign of clearing.<\/p>\n<p>The core tension the data lays bare is this: institutional sellers remain active through ETF redemptions, spot demand has not materialized to absorb the pressure, and thinner weekend liquidity in Bitcoin amplifies every directional nudge. That is the setup heading into Saturday and Sunday.<\/p>\n<p><iframe loading=\"lazy\" title=\"Bitcoin Anaylsis: Is The Bear Market About To Resume?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/NIQZ9l4toKo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Bitcoin ETF News: What the Thursday Flow Data Actually Shows<\/h2>\n<p>The warning came from <a class=\"general-link\" href=\"https:\/\/x.com\/MartiniGuyYT\" target=\"_blank\" rel=\"noopener nofollow\">That Martini Guy<\/a>, a live Bitcoin trading analyst with 706,000 followers on X and more than 150,000 YouTube subscribers, who flagged the early Thursday data before all ETF issuers had even reported. Beyond BlackRock Bitcoin IBIT\u2019s 1,000-plus BTC in redemptions, HODL, WisdomTree\u2019s Bitcoin fund, shed another 68 BTC on the same day, according to That Martini Guy\u2019s analysis.<\/p>\n<p>His read was unambiguous: \u201csupport has been support, not a bounce.\u201d Spot demand looks weak, Bitcoin ETF outflows are not helping, and lower prices remain the more probable near-term direction in his assessment.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-350291 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-19-at-09.36.34-scaled.png\" alt=\"In Bitcoin ETF news today, BlackRock has begun offloading BTC once more, via its IBIT fund, causing the latest drop in price for Bitcoin\" width=\"2560\" height=\"1231\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-19-at-09.36.34-scaled.png 2560w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-19-at-09.36.34-300x144.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-19-at-09.36.34-1024x492.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-19-at-09.36.34-768x369.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-19-at-09.36.34-130x63.png 130w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-19-at-09.36.34-1536x738.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-19-at-09.36.34-2048x984.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-19-at-09.36.34-50x24.png 50w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/etf\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">SOURCE: CoinGlass<\/a>)<\/p>\n<p>Thursday\u2019s session did not arrive in isolation. Earlier this month, US spot Bitcoin ETFs bled <a href=\"https:\/\/whale-alert.io\/stories\/92be0128576fee\/BlackRock-dumps-213-million-in-Bitcoin-as-ETF-flows-turn-negative-again\" target=\"_blank\" rel=\"noopener nofollow\">$325.69M in a single day on June 5<\/a>, with IBIT again leading redemptions and Bitcoin briefly touching $59,100. In a separate wave, ETFs recorded <a href=\"https:\/\/news.bitcoin.com\/blackrock-leads-733m-bitcoin-etf-selloff-as-hype-funds-keep-drawing-inflows\/\" target=\"_blank\" rel=\"noopener nofollow\">$733.43M in net outflows in one session,<\/a> their eighth consecutive withdrawal day at the time, with IBIT alone accounting for $527.84M of that figure.<\/p>\n<p>Zoom out further, and the picture is starker still. BlackRock\u2019s iShares Bitcoin Trust has now endured its longest multi-week outflow streak since the product launched in January 2024, <a href=\"https:\/\/finance.yahoo.com\/news\/blackrocks-bitcoin-etf-bleeds-2-144120617.html\" target=\"_blank\" rel=\"noopener nofollow\">bleeding more than $2.7Bn over five weeks<\/a>. June month-to-date outflows stand at roughly $2.1Bn, following $2.4Bn in May.<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best Meme Coin ICOs to Invest in 2026<\/a><\/strong><\/p>\n<h2>Two Macro Anchors Keeping Sellers in Control<\/h2>\n<p>In other Bitcoin ETF news, the proximate drivers of this BTC sell-off are well documented and interconnected. The FOMC\u2019s June 2026 statement stripped out prior language acknowledging progress toward the Fed\u2019s 2% inflation target, a hawkish signal that prompted two voting members to indicate that rate cuts previously penciled in for Q3 2026 could slip into 2027.<\/p>\n<p>The resulting repricing, higher yields, and stronger dollar hit risk assets hard and triggered the initial institutional exit from Bitcoin ETFs. For more on how that FOMC pivot transmitted into the ETF market, the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/bitcoin-price-prediction-warsh-fed-rate-cut\/\" target=\"_blank\" rel=\"noopener\">rate-cut timeline shift<\/a> is worth tracking closely.<\/p>\n<p>Layered on top of that is the Iran deal crypto dynamic. The US\u2013Iran conflict, now more than 100 days old, has kept oil prices elevated, feeding inflation expectations and, in turn, reinforcing the Fed\u2019s reluctance to cut rates. However, the recent peace deal has reopened the Strait of Hormuz, offering a short-term reprieve.<\/p>\n<p>Total spot Bitcoin ETF net assets have fallen from roughly $109Bn at the May 10 peak to approximately $77Bn, a $33Bn drawdown that mirrors Bitcoin\u2019s -27% decline from $81,443 to a low of $59,353. The dual-driver read on <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/presales\/btc-usd-price-prediction-fomc-warsh-iran\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">FOMC and Iran risk<\/a> captures how tightly these two forces are operating together.<\/p>\n<p class=\"p1\"><a href=\"https:\/\/bs_3009e3ec.jeweltype.care\/?referrer=https%3A%2F%2F99bitcoins.com%2Fnews%2Fpresales%2Fxlm-price-breakout-analysis%2F&amp;transfer=1\" class=\"sc-button sc-button-green sc-button-medium\" target=\"_blank\" rel=\"nofollow\"><span>EXCLUSIVE: Earn $10 USDC Via Binance Sign-Up<\/span><\/a>\n<\/p>\n<h2>Bitcoin Price Support: Holding, Not Bouncing<\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/x.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$BTC<\/a> swept 62.3K liquidity and hit our target.<\/p>\n<p>As mentioned yesterday, I was targeting 62.3K for my Bitcoin shorts and it was a spot-on hit.<\/p>\n<p>GG to everyone who entered yesterday, I took a more aggressive entry around 64.3K since the momentum was clearly down.<\/p>\n<p>We printed\u2026 <a href=\"https:\/\/t.co\/aErwZwtxgh\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/aErwZwtxgh<\/a><\/p>\n<p>\u2014 Lennaert Snyder (@LennaertSnyder) <a href=\"https:\/\/x.com\/LennaertSnyder\/status\/2067870218622283929?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">June 19, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Current Bitcoin price support sits near $60,000, a level that has absorbed selling pressure but has not generated any meaningful upside follow-through. The Fear and Greed Index hit 14\/100, deep in Extreme Fear territory, during the heaviest selling earlier this month, and forced liquidations reached approximately $1.8Bn in a single session, the largest flush since February 2026.<\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_6a351ecd0dd66\" data-coin-id=\"bitcoin-btc\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_6a351ecd0dd66-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_6a351ecd0dd66-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_6a351ecd0dd66-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_6a351ecd0dd66-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_6a351ecd0dd66-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_6a351ecd0dd66-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_6a351ecd0dd66-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_6a351ecd0dd66-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_6a351ecd0dd66-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_6a351ecd0dd66-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_6a351ecd0dd66-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_6a351ecd0dd66-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p>Three scenarios frame what comes next:<\/p>\n<p><strong>Bull case:<\/strong> Progress on a ceasefire in Iran or a Fed communication that softens the rate-path outlook triggers a reversal in ETF flows. Fidelity\u2019s FBTC led inflows during the brief post-FOMC stabilization earlier this month, a pattern evident in its <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/fidelity-fbtc-leads-bitcoin-etf-inflows-post-fomc\/\" target=\"_blank\" rel=\"noopener\">post-FOMC inflow data<\/a>, suggesting that demand can return quickly when the macro narrative shifts. Recovery toward $70,000\u2013$74,000 requires a concrete catalyst.<\/p>\n<p><strong>Base case:<\/strong> Macro overhangs persist through summer, outflows moderate in pace but remain net negative, and Bitcoin grinds between $60,000 and $68,000 as institutional positioning stays cautious. Weekend volatility keeps the range wide.<\/p>\n<p><strong>Bear case:<\/strong> $60,000 breaks on low-liquidity weekend price action. Prediction markets assigned 71% odds to a move toward $55,000 at the height of mid-June selling. A failed hold at $60,000 opens that target.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/best-crypto-presale\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best Crypto Presales With Asymmetric Upside in the Current Market<\/a><\/strong><\/p>\n<div><strong>Follow\u00a0<a class=\"general-link\" href=\"https:\/\/twitter.com\/99bitcoins\" target=\"_blank\" rel=\"noopener nofollow\">99Bitcoins on X<\/a>\u00a0For the Latest Market Updates and\u00a0<a class=\"general-link\" href=\"https:\/\/www.youtube.com\/@99Bitcoins\" target=\"_blank\" rel=\"noopener nofollow\">Subscribe on YouTube<\/a>\u00a0For Daily Expert Market Analysis.<\/strong><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/bitcoin-etf-outflows-blackrock-60k-support\/\">BlackRock\u2019s 1,000 BTC Exit Leaves Bitcoin Clinging to $60K Support<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In Bitcoin ETF news today, BlackRock offloaded more than 1,000 BTC in a single Thursday session, dragging combined spot Bitcoin ETF net flows to approximately -1,410 BTC on the day, and the timing could not be worse. Bitcoin is heading into the weekend sitting on support it has occupied for 16 hours without producing a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-106342","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/106342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=106342"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/106342\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=106342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=106342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=106342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}