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Investors buy 259,000 Bitcoin in 10 days as accumulation hits peak, signaling possible market bottom.

Market News
16 Jun 2026
Benzinga
View Source
Neutral
pluang ai news

Over the past 10 days, investors have purchased a net total of 259,298 Bitcoin between $59,000 and $67,000, marking the strongest buying interest during the current price drawdown. This broad-based accumulation spans all wallet sizes, reversing previous selling trends seen from March to May. Bitcoin ETFs lost $64 million Monday, while Ethereum, Hyperliquid, XRP, and Solana funds saw inflows. Bitcoin now faces a critical resistance level near $66,670; a break above could target $70,510 and $73,156, while failure might retest lows around $62,000 to $59,000. This activity may indicate a market bottom or just a temporary bounce within a still-uncertain trend.

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