{"id":75010,"date":"2026-07-06T07:13:43","date_gmt":"2026-07-06T07:13:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears\/"},"modified":"2026-07-06T07:13:43","modified_gmt":"2026-07-06T07:13:43","slug":"bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears\/","title":{"rendered":"Bitcoin Reclaims $63K as ETF Inflows Return and a Short Squeeze Clears the Bears"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin rose 3.6% on the week to top $63,000 on July 4 for the first time since mid-June.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">U.S. spot bitcoin ETFs pulled in $222 million on July 2, ending a 10-day, $2.7 billion outflow run.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Traders say BTC must hold $62,600, with $65,000 the level to beat for a stronger July recovery.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Trading Higher<\/h2>\n<p> <span>Bitcoin<\/span> traded as high as $63,832 early Monday, extending a rebound that has carried the largest <span>cryptocurrency<\/span> from below $60,000 to above $63,000 in five sessions. The market first crossed $63,000 in U.S. morning hours on July 4, leaving <span>bitcoin<\/span> up 1.4% over 24 hours and 3.6% on the week at that point.<\/p>\n<p>Three catalysts set the recovery in motion, according to market observers. Federal Reserve Chair Kevin Warsh signaled that <span>inflation<\/span> risks have come down, the June jobs report showed the U.S. economy adding just 57,000 nonfarm payrolls, and crowded short positions were forced to unwind as the price climbed into them.<\/p>\n<figure id=\"attachment_828937\" aria-describedby=\"caption-attachment-828937\" style=\"width:983px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-828937\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p>Popular analyst Daan <span>Crypto<\/span> Trades <a href=\"https:\/\/x.com\/DaanCrypto\/status\/2073687730622488669\" target=\"_blank\" rel=\"noopener noreferrer\">subsequently noted<\/a> that <span>bitcoin<\/span> shorts were cleared twice as the price moved toward $63,000 yesterday. He described the move as a \u201cclassic short squeeze,\u201d in which sellers are forced to close positions as the price rises into a crowded short zone.<\/p>\n<p>That said, analysts cautioned that trading was thin over the Independence Day holiday weekend, a notable data point considering June punished leveraged traders heavily, including an early-June flush of $1.8 billion in forced liquidations, the largest such event since February.<\/p>\n<h2>ETF Bleeding Slows After a Record June<\/h2>\n<p>Much of <span>bitcoin<\/span>\u2019s June weakness was traced back to the exchange-traded fund (ETF) complex. U.S. spot <span>bitcoin ETFs<\/span> recorded roughly <a href=\"https:\/\/news.bitcoin.com\/experts-say-june-4-5b-etf-exit-reflects-macro-shift-not-bitcoin-weakness\/\">$4.5 billion in net outflows for the month<\/a>, the largest single-month redemption since the products launched in January 2024, eclipsing May\u2019s $2.4 billion and the previous record of $3.56 billion set in February 2025.<\/p>\n<p>Blackrock\u2019s IBIT, the biggest fund in the group, accounted for the bulk of the exits, and flow trackers put year-to-date net outflows near $5.4 billion.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-828939 size-full\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears4_nwmk-scaled.jpg\" alt=\"ETF outflows for the month of June, per Glassnode\" width=\"2560\" height=\"1440\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears4_nwmk-300x169.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears4_nwmk-1024x576.jpg 1024w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears4_nwmk-768x432.jpg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears4_nwmk-1536x864.jpg 1536w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears4_nwmk-2048x1152.jpg 2048w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears4_nwmk-190x107.jpg 190w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears4_nwmk-380x214.jpg 380w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears4_nwmk-760x428.jpg 760w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears4_nwmk-1520x855.jpg 1520w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears4_nwmk-1280x720.jpg 1280w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-reclaims-63k-as-etf-inflows-return-and-a-short-squeeze-clears-the-bears4_nwmk-scaled.jpg 2560w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"\/><\/p>\n<p>The tide turned on July 2, when the funds drew $221.72 million in net inflows, snapping a 10-day streak that had pulled $2.7 billion out of the products. Traders read the weak jobs print as easing near-term pressure from the Federal Reserve, giving rate-sensitive assets room to breathe.<\/p>\n<p>Corporate treasury behavior added another layer of caution to the backdrop. <span>Bitcoin.com<\/span> News reported that Strategy <a href=\"https:\/\/news.bitcoin.com\/strategy-moves-411-btc-coinbase-prime-polymarket-sell-odds-2026\/\">moved 411 BTC<\/a> to Coinbase Prime last week, the company\u2019s first direct exchange deposit in nearly two years (a transfer that drove Polymarket odds of a 2026 <span>bitcoin<\/span> sale by Michael Saylor\u2019s firm to 84%).<\/p>\n<h2>The Levels Traders Are Watching<\/h2>\n<p>For the rebound to stick, chart watchers say <span>bitcoin<\/span> must hold $62,600 to keep the short-term squeeze alive. Below that sits the $60,000 psychological level, followed by the $58,100 to $58,500 zone near the recent lows. On the upside, a sustained reclaim of $65,000 would confirm stronger <a href=\"http:\/\/www.bitcoin.com\/get-started\/bull-market-vs-bear-market\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bullish<\/a> momentum, with $66,000 the next barrier above it.<\/p>\n<p>Positioning in <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-prediction-markets\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">prediction markets<\/a> suggests the crowd is not yet convinced of a v-shaped recovery. <a href=\"https:\/\/www.bitcoin.com\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin.com<\/a> News reported in June that traders gave <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> <a href=\"https:\/\/news.bitcoin.com\/prediction-market-traders-give-bitcoin-76-odds-of-hitting-50k-before-100k\/\">76% odds<\/a> of hitting $50,000 before $100,000, and that speculators wagered <a href=\"https:\/\/news.bitcoin.com\/traders-bet-16-4m-on-bitcoin-staying-below-75k-through-june-heres-the-full-breakdown\/\">$16.4 million<\/a> on the price staying below $75,000 through June (a bet the market ultimately resolved in the bears\u2019 favor).<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-reclaims-63k-etf-inflows-short-squeeze\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin rose 3.6% on the week to top $63,000 on July 4 for the first time since mid-June. U.S. spot bitcoin ETFs pulled in $222 million on July 2, ending a 10-day, $2.7 billion outflow run. Traders say BTC must hold $62,600, with $65,000 the level [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":75011,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75010"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75010"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75010\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75011"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}