Bitcoin briefly fell below $62,000 on June 4 as more than $1.5 billion in crypto longs were liquidated, with ETF outflows and extreme fear adding pressure.
Bitcoin dipped under its weekly 200EMA and held near 66k as traders refocused on the 200-week moving average, with Fear & Greed stuck in Extreme Fear.
Bitcoin dipped below $82K as liquidations neared $1.7B and Fear & Greed hit 16. Key downside levels and why disciplined DCA matters now.