Bitcoin Crash to $50,000 or Bear Trap Before $100,000? Deep Dive for WEEX Traders

By: WEEX|2026/06/08 22:45:00

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Is Bitcoin heading to $50k or getting ready to blast off to $100k? Check out this breakdown of liquidations, ETF flows, and institutions buying the dip.

TL;DR

Leverage Cleaned Out: A massive wave of long liquidations hit early June, but a Sunday short squeeze spiked prices by +3.72%.
Whales Buying the Dip: Bitcoin's MVRV Ratio fell to a low of 1.18. MicroStrategy expanded its holdings by 3.10% over 30 days and plans to buy more.
ETF Outflows Peak: US Bitcoin ETFs saw 15 straight days of outflows, meaning a market bottom could be very close.
WEEX Trading Strategy: Avoid high leverage for now. Use the dip to accumulate spot bags alongside major institutions.

Market Shakeout: Did Bulls Just Get Trapped?

The crypto market saw a brutal shakeout recently. Bitcoin drifted down from its late May highs. Geopolitics, profit-taking, and macro fears hit the market hard in early June.

However, Sunday, June 7 brought a swift shift. Bitcoin dipped to clear out weak hands and then bounced back hard. It gained +3.72% from its daily open. This move proved that the $60,000 level is a solid support zone.

Let's look at the latest on-chain data and exchange metrics using our 3-way framework: Market Sentiment, Cycle Position, and Macro Fundaments.

Market Sentiment: Bears Beware of the Trap

Data from Coinglass shows that overleveraged long traders were largely wiped out. Now, short sellers face a major short-squeeze risk.

The Long Liquidation Wipeout: From June 1 to June 5, bulls faced total destruction. As shown below, long liquidations reached 807.60M on June 2. They stayed very high over the next three days at 410.31M, 446.71M, and 466.18M. The leverage in the market has been totally cleared.

Bitcoin Crash to 0,000 or Bear Trap Before src=

The Sunday Short Squeeze:On Sunday, June 7, the script flipped completely. Short liquidations spiked to 280.39M, while longs were only 45.17M. This triggered the +3.72% price bounce. Short sellers got caught in a massive trap.
Exchange Money Flows: As is shown below, Binance saw steady inflows of +$178.42 million over 24 hours. Meanwhile, OKX, KuCoin, and Bitfinex saw tens of millions flow out. This shows that traders are moving their coins off exchanges and locking them up at the $60,000 level.

Quick takeaway: Leverage reset. Shorts trapped. $60K now a holding zone — not a gamble.

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Cycle Position: Whales Are Buying at a Discount

Mid-term metrics show that even though Bitcoin dropped below the short-term holder cost line, it is incredibly close to a major market bottom.

MVRV Ratio Hits the Floor: On June 7, the Bitcoin MVRV Ratio dropped to 1.18. This means the market price is only 18% higher than the average buyer's cost. Historically, an MVRV below 1.2 indicates a prime, high-value accumulation zone.
The Strategy Effect: According to bitcointreasuries.net, Strategy grew its Bitcoin holdings by about 3.10% over the last 30 days. Their average entry cost sits around $75,699. Breaking news at the time of writing, Strategy has just acquired 1,550 BTC to increase its BTC reserve to 845,256. This could become a major piece of bullish news that boosts market sentiment.

Quick takeaway: MVRV at 1.18 signals a historic accumulation zone, and with Strategy just adding 1,550 more BTC, the bottom is likely closer than most think.

Macro Fundamentals: ETF Bleeding is Reaching Its End

Global liquidity is the lifeblood of this bull run. Right now, it is facing a temporary setback, but a turning point is near.

15 Days of ETF Outflows: Data from coinmarketcap.com shows US Spot Bitcoin ETFs have logged 15 consecutive days of net outflows. This is the longest losing streak since their launch. Traditional investors are staying cautious ahead of the mid-June Fed meeting.

Tech Stock Distraction: High-flying AI stocks like NVIDIA are sucking liquidity out of the broader market. This has temporarily cut off the cash flow into Bitcoin ETFs. However, extreme outflows usually mean the bad news is fully priced in.

What is Next? Bitcoin Roadmap to $100,000

Here is what to expect for Bitcoin over the next 1 to 3 months based on the latest data.

Short-Term (Mid-June): Final Shakeouts Around $60k

Expect more volatility ahead of the CPI, PPI, and Fed interest rate decisions. Whales might push prices briefly below $60,000 to scare retail investors one last time before finding a hard floor.

Mid-Term (July - Q3): The Short Squeeze Explodes

As Sunday's 280.39 short liquidation print showed, there is plenty of fuel for a massive short squeeze. Once ETF flows flip positive again, Bitcoin will recover rapidly. The institutional buying floor at $60,000 will provide strong support.

Long-Term (Q4): Bulls Aim for $100k

In the second half of the year, crypto regulations like the Clarity Act will move forward. Fresh capital will flow back into ETFs. Once Bitcoin reclaims its key resistance levels on high volume, the path to $100,000 will be wide open.

WEEX Trading Pro-Tip: Follow the Smart Money

The wild liquidations show that you should avoid high-leverage long positions right now. At the same time, don't try to short the market near $60,000. With the MVRV ratio at a low 1.18, you should match Strategy's playbook. Use dollar-cost averaging (DCA) to stack spot positions on WEEX while prices are cheap!

Disclaimer: This content is for brand and informational purposes only and does not constitute investment advice, financial advice, or any offer or solicitation.

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era delivering real time AI news, empowering users with AI trading tools, and exploring innovative trade to earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.