Key takeaways:
- The downtrend in Nasdaq-listed tech stocks influenced Bitcoin in its ongoing downtrend.
- Bitcoin witnessed significant ETF outflows, primarily ignited by institutional investors.
- Price forecast suggests that Bitcoin will revive soon despite this uncertain situation.
- Bitcoin is nearly 20% down this month, trading around $61K.
The downtrend in the Nasdaq due to the decline in technology and semiconductor stocks ahead of Micron Technology’s earnings report has affected Bitcoin, making it lose more than 5% of the cap this week. Nasdaq investors have mixed feelings about the AI-related tech stocks, and their risk aversion resulted in sustained outflows.
Bitcoin witnessed significant exchange inflows and ETF outflows due to the institutional selling pressure, and it is currently standing at extreme fear in the Fear & Greed index. While many Bitcoin maximalists believe that BTC will deviate from stocks and stand out as a strong independent financial system soon, others are skeptical about a sudden bull run.
How Tech Stocks Affect Bitcoin? The Link Explained
Bitcoin has been closely tied to the stocks, especially with the AI and tech-related ones. When these stocks decline, Bitcoin usually exhibits a downtrend due to the investment of the same entities in both these stocks and Bitcoin ETFs. As a part of risk management, corporates sell off Nasdaq-listed BTC stocks in addition to the tech stocks.
If the similar selling patterns of Nasdaq futures and Bitcoin break in the coming days, we can infer that the crypto market has diverged from the stock market. If this happens, Bitcoin can navigate smoothly without the influence of stock-related macroeconomic situations.
Bitcoin (BTC): Current Market Scenario
Bitcoin is now trading at a price of $61,629, 1.55% down from the past day. It is trading below the 200-day simple moving average and has only 9 green candles in the last 30 days. It is 51% down from the all-time high of $126,198.07, and nearly 20% down this month.
- Fear & Greed Index: 12 (Extreme Fear)
- Market Sentiment: Bearish
- Supply Inflation: 0.83% (Low)
- Dominance: 58.46%
- Volatility: 7.12% (High)
Can Bitcoin Revive Soon? Detailed Price Prediction
As a coin successfully revived from this week’s lowest point of $ 59K, we can expect the reversal to continue in the coming days. Bitcoin will probably cross $62,000 within two days and travel towards $65,000 by June 30th, 2026. The long-term price prediction suggests that BTC will likely touch $90K by the end of July 2026. Detailed short-term and long-term forecasts follow.
Bitcoin Short-Term Price Prediction
- Jun 26, 2026 $ 61,551
- Jun 27, 2026 $ 62,508
- Jun 28, 2026 $ 63,464
- Jun 29, 2026 $ 64,421
- Jun 30, 2026 $ 65,378
Bitcoin Long-Term Price Prediction
| Month | Min. Price | Avg. Price | Max. Price |
| Jun 2026 | $ 61,551 | $ 62,847 | $ 65,500 |
| Jul 2026 | $ 89,702 | $ 90,444 | $ 91,798 |
| Aug 2026 | $ 86,804 | $ 87,923 | $ 89,508 |
| Sep 2026 | $ 86,648 | $ 86,944 | $ 87,601 |
| Oct 2026 | $ 77,113 | $ 79,676 | $ 86,420 |
| Nov 2026 | $ 75,177 | $ 76,257 | $ 77,677 |
| Dec 2026 | $ 77,943 | $ 80,253 | $ 82,423 |
Disclaimer: These Bitcoin (BTC) price forecasts are based on predictive modeling and should not be considered financial advice.
The Bottom Line: What’s Next for Bitcoin?
Despite going through a downward spiral, there are many reasons for it to exhibit a sudden reversal soon. As the price prediction suggests, we might see BTC deviating from the movement parallel to the stocks soon. Its fundamentals are strong, and long-term holders will be rewarded. If you plan to purchase Bitcoin, do your own research on the market and decide your entry point wisely.
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