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Bitcoin trades 15% below key recovery level after June selloff, recent buyers still face losses.

Technical Signals
18 Jun 2026
Bitcoin
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Bearish
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Bitcoin rebounded after a sharp selloff in June but remains about 15% below the True Market Mean, a key on-chain benchmark at $77,200. Recent buyers are still holding unrealized losses near 10%, with the Short-Term Holder MVRV metric below the break-even point of 1.0. Capital flows have improved but remain negative, and realized profits continue to lag losses. For a sustained recovery, bitcoin needs to reclaim the True Market Mean, improve short-term holder profitability, and see positive capital inflows, conditions not yet met as of mid-June 2026.

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